J.P. Morgan's rising star has a new job as the first President of International, promoted by mentor CEO Jamie Dimon to lead the firm's aggressive global expansion plans.
Miller, 57, now spearheads the bank's international business strategy across the Investment Bank, Asset Management and Treasury & Securities Services (TSS) divisions. She will also chair a new operating committee of the firm's global leaders, focusing on developing branches overseas.
Miller's previous division, TSS, generated revenues of $7.3 billion in 2009, with 48% of its revenues from outside the U.S. A key play for this perspicacious banker is to battle competitors for business in the BRIC economies and other emerging markets where the projected growth rate is twice that of the U.S.
Yale-educated Miller intends to expand the Global Corporate Bank, which she now jointly heads, by opening about 30 locations and adding 150 corporate bankers. She sits on the Board of General Mills, Inc.
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