Boston, MA 10/07/2013 (wallstreetpr) – On 2 October, 2013, JPMorgan Chase & Co (NYSE:JPM) announced the appointment of Bruce McNamer as the new Chief Executive Officer as well as the Head of Global Philanthropy, at the JPMorgan Chase Foundation, effective November 15, 2013. Additionally, JPM named Dalila Wilson-Scott as the new President of its philanthropic arm.
In his previous role, McNamer served as the President and CEO of TechnoServe for nine long years, and is noted for his contribution towards boosting the annual revenues of the nonprofit organization from $16 million to over $74 million as well as expanding its operations to 30 countries. Prior to his engagement with TechnoServe, Mr. McNamer also worked as Senior Executive at numerous technology startups; as an investment banker at Morgan Stanley; a management consultant at McKinsey & Company; as well as a White House Fellow at the National Economic Council and a Peace Corps volunteer in Paraguay.
On the other hand, Wilson-Scott served as a philanthropic leader of the Company for eight years. Prior to which she worked in the corporate merger office as well as in strategic planning in the consumer and commercial banking businesses of JPM for six years.
Peter L. Scher, Executive Vice President and Head of Corporate Responsibility at JPM, said, “Our firm has tremendous assets and expertise to help communities around the world address a range of issues, from economic growth and workforce readiness to affordable housing and consumer financial empowerment. The addition of Bruce to our team, along with Dalila’s continued leadership, will significantly enhance our efforts.”
Over the years, with its unique strength, expertise, global reach and access to capital to serve clients and communities, JPM has created a history in the arena of philanthropic and civic engagement services. In 2012, JPM and its Foundation donated over USD190 million to nonprofit organizations across the United States and 37 countries around the world
