JPM Appoints Melissa Bean as Chair of Midwest Operations

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Melissa Bean, a former three-term member of Congress, has been named chair of JPMorgan Chase's (JPM) Midwest business.

In her new role, she will be responsible for strengthening the New York bank's brand in the region. She will also manage the firm's charitable and public affairs initiatives.

"Melissa is a proven business and civic leader with deep roots in the Midwest, which makes her exceptionally well-suited to help us continue to serve customers, businesses and communities in this very important region," JP Morgan Chief Executive Jamie Dimon said in a press release Thursday.

Bean most recently served as the president and CEO of the Executives' Club of Chicago, membership-based business forum.

She represented the 8th district of Illinois, in the western Chicago suburbs, from 2005 through 2011. While in Congress, she served on the House Financial Services and Small Business committees. She was also a member of the Blue Dog Coalition, a group of fiscally conservative Democrats.

Kristin Broughton

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