Chase Manhattan Corp. has split up the job of chief information officer according to lines of business.
Carl E. Morales, executive vice president, is in charge of national retail services. Richard F. Mangogna, executive vice president and head of global operations, takes on responsibilities relating to global technology strategy.
On the retail side, Mr. Morales, 54, reports to Denis O'Leary, executive vice president and head of retail delivery.
Mr. O'Leary, the former chief information officer, recently became a member of Chase's expanded executive committee.
For global banking, which encompasses wholesale credit and lending operations and trading floors, Mr. Mangogna, 58, reports to Donald H. Layton, vice chairman of global markets, and to Joseph G. Sponholz.
Mr. Sponholz is vice chairman in charge of Chase Technology Solutions, which handles national and international cash management operations, among other things.
The technology promotions are related to the high-level reorganization that included creation of the top management group around chairman Walter Shipley and president Thomas Labrecque in December. And that was prompted by the $14.5 billion merger between Chemical Banking Corp. and Chase Manhattan Corp. in 1996.
"Chase has been in a merger mode for the last few years," said Michael Mayo, analyst at Credit Suisse First Boston. "Now it is going back and taking a second look to see how it can better streamline and leverage the company."
Mr. Morales, a Brooklyn native, is a 26-year veteran of the banking company. He started at Manufacturers Hanover Trust Co., which was bought by Chemical in 1991.
He and Mr. Mangogna both have Chemical roots, as do most of the people in top jobs at the new Chase.
"I'm very excited about the opportunity," Mr. Morales said. "We have a tremendous opportunity to win in the marketplace."
Mr. Mangogna, 58, joined Chemical in 1971 and has held several key posts, both domestic and international. He was chairman of the integration steering committee during the 1996 merger.
Mr. Mangogna said he would focus on using the best technologies available.
"We will look at information technology from an applied sense as opposed to dealing with vendors and dealing with governance issues," he said.