JPMorgan Appoints New EMEA Co‑CEOs

In a significant leadership reshuffle, JPMorgan Chase has appointed Conor Hillery and Matthieu Wiltz as Co-Chief Executive Officers for its operations in Europe, the Middle East, and Africa (EMEA). This move underscores the bank’s commitment to expanding its footprint and achieving substantial growth across the EMEA region.

Strategic Leadership Shift

• The new appointments follow the transition of Filippo Gori, the outgoing EMEA CEO, who now moves to New York to focus on his global responsibilities as co-head of global banking.
• Hillery and Wiltz, both longtime JPMorgan executives, had been deputies to Gori and bring nearly 50 years of combined experience to the role.
• The leadership transition aims to maintain continuity while driving forward an ambitious strategy for EMEA.

Who Are the New Co-CEOs?

• Conor Hillery, based in London, currently serves as Head of Investment Banking for EMEA. He is known for his deep client relationships and experience across sectors.
• Matthieu Wiltz, based in France, leads EMEA Sales and brings strong market knowledge and operational depth across multiple geographies.
• Both leaders will retain their current responsibilities while also becoming part of JPMorgan’s Commercial and Investment Bank management team.

EMEA Growth Strategy

JPMorgan has set a goal to increase EMEA revenues by 20% by 2030. The new leadership duo is expected to,

• Strengthen local client engagement
• Expand investment banking and sales operations
• Adapt to evolving regulatory and market dynamics in the region

The appointment of co-CEOs reflects a model increasingly adopted by global banks to leverage complementary strengths and manage complex, multi-country operations more effectively.

Importance of the EMEA Region

EMEA represents a crucial growth region for JPMorgan, encompassing,

• Developed markets like the UK, France, and Germany
• Emerging opportunities in the Middle East and Africa
• Strategic hubs post-Brexit, especially with London and Paris playing critical roles in investment banking

With financial ecosystems undergoing rapid change—due to tech disruption, energy transition, and geopolitical flux—the bank’s strategic push in EMEA is timely and aligned with its global expansion goals.

Important Takeaways

• New EMEA Co-CEOs: Conor Hillery (UK) & Matthieu Wiltz (France)
• Outgoing CEO: Filippo Gori (moved to New York)
• Combined Experience: ~50 years at JPMorgan
• Strategic Focus: 20% EMEA revenue growth by 2030
• Current Roles Retained: Investment banking and sales heads
• Significance: Enhances regional strategy, leadership continuity, and growth execution