NEW YORK, July 18, 2011 -Today, J.P. Morgan (NYSE: JPM) announced that Andrew Pilkington will assume leadership responsibilities for the organization's Commercial Card business. He will continue to report to Gordon Smith, chief executive officer, Chase Card Services, and retain responsibility for the Canadian Consumer Card division. The Commercial Card business provides travel and entertainment card, purchasing card and single-use account solutions to thousands of private and public sector organizations around the world.
"Andy has provided strong leadership in Canada and helped expand our Canadian business through this challenging economic cycle," said Gordon Smith, chief executive officer, Chase Card Services. "He brings extensive business-to-business payment experience and a dynamic customer focus to our global Commercial Card business that will allow us to achieve continued growth."
In addition, Pilkington has been designated the interim Principal Officer for JPMorgan Chase Bank, N.A.'s Canadian branch and President of J.P. Morgan Bank Canada, and will continue to act as the Chairman of the Canada Management Committee.
Pilkington joined Chase Card Services in 2008 and has led the growth of the business as chief executive officer of Chase Card Services Canada. Since establishing itself in Canada with acquisition of the Sears Canada credit card portfolio, Chase has introduced the Marriott Rewards Platinum Visa Card, the Chase Gold MasterCard, the Best Buy Rewards Zone Visa Card, the Best Buy Card and the Future Shop Card.
Prior to joining Chase, Pilkington served as general manager of American Express' merchant services and global commercial card businesses in Canada. He joined American Express in the United Kingdom in 1997 and held a variety of senior positions within the company, including leadership roles in Canada since 2003.
Pilkington holds a Bachelor of Arts Honours degree in Modern Languages from the University of Durham in the United Kingdom.
For information on other J.P. Morgan Commercial Card Solutions, visit www.jpmorgan.com/commercialcard
About J.P. Morgan Commercial Card Solutions
J.P. Morgan has offered commercial card solutions for more than 25 years. The Bank currently serves more than five thousand public and private sector clients and more than six million cardholders. The firm offers programs in more than 95 countries and 30 currencies and continues to expand. According to The Nilson Report, J.P. Morgan is the leading issuer of Visa/MasterCard commercial and purchasing cards in terms of dollar volume. J.P. Morgan offers the world's most widely accepted card with coverage at more than 31 million outlets worldwide.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.