Doug Petno

Co-President; Chief Executive Officer, Commercial & Investment Bank JPMorgan Chase

Last Reviewed: October 1, 2026

Executive Summary

Doug Petno became Co-President of JPMorgan Chase in June 2026 and now runs the Commercial & Investment Bank on his own, covering global banking, markets, payments and securities services. With the firm for more than 35 years, he spent over two decades in investment banking, led Commercial Banking from 2012 to 2024 and oversaw its integration with the corporate and investment bank into a single franchise serving more than 65,000 clients. His promotion alongside Troy Rohrbaugh was described by the firm as part of its board’s succession planning. JPMorgan Chase ranked No. 12 on the 2026 Fortune 500.

Career Highlights

• Co-President of JPMorgan Chase and Chief Executive Officer of the Commercial & Investment Bank since June 2026.
• Co-Chief Executive Officer of the Commercial & Investment Bank, January 2025 to June 2026.
• Chief Executive Officer of Commercial Banking, 2012 to 2024.
• Led J.P. Morgan’s Global Natural Resources Group.

Professional Journey

Petno earned a Bachelor of Arts in biology at Wabash College and an MBA at the University of Rochester’s Simon School of Business. He spent more than two decades in Global Investment Banking, where he led J.P. Morgan’s Global Natural Resources Group.

From 2012 he was Chief Executive Officer of Commercial Banking, expanding its U.S. business with mid-sized companies, government entities, not-for-profits and real estate clients, and launching an international mid-cap business in 30 countries. In 2024 he became Co-Head of Global Banking and oversaw the integration of the Commercial, Corporate and Investment Banking businesses, and in January 2025 Co-Chief Executive Officer of the Commercial & Investment Bank.

On 25 June 2026 he was elected Co-President of the firm and became sole Chief Executive Officer of the CIB. He serves on the Global Board of Directors of The Nature Conservancy.

Education

Wabash College

Bachelor of Arts, Biology

University of Rochester, Simon School of Business

MBA