WASHINGTON — JPMorgan Chase has shuffled some of its government relations team over to its business side in an unusual move.
Naomi Camper, the bank's head of federal government relations, was promoted to head of consumer public policy for the institution. Kate Childress, managing director of federal government relations since 2009, was promoted as head of wholesale public policy for the bank. Both positions are new.
A spokeswoman for JPMorgan said the bank wanted to effectively anticipate where policy was headed and shape practices and products ahead of time.
"We're looking to anticipate policy concerns during product development and further embed those kinds of considerations into our day-to-day business and policy operations," the spokeswoman said.
Nate Gatten, who joined JPMorgan as a lobbyist in 2009, has been promoted to head of the bank's federal government relations team. Gatten had been working in London coordinating the bank's global regulatory policy. He previously was a top aide to former Sen. Robert Bennett, R-Utah.
Camper and Childress are former staffers for top members of the Senate Banking Committee. Camper was previously the banking aide to now-Chairman Tim Johnson, while Childress worked for Sen. Chuck Schumer.