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Diversity is the driver of JPMorgan Private Bank’s push for talent and growth

Andrew Cohen, executive chairman of JPMorgan Private Bank, talks to Euromoney about the war for talent, why diversity and inclusion have never mattered more, and what markets the private bank has in its sights.


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Andrew Cohen’s time is precious.

His title alone makes that abundantly clear. The amiable Australian is executive chairman of JPMorgan Private Bank. He oversees its institutional wealth management business, acting as a bridge between the investment and private banks, and serves the private bank’s most sophisticated global clients.

Yet when we speak on Zoom – Cohen having just returned to London from a weekend in the English countryside – talk immediately turns not to numbers or clients but to the firm’s own culture.

More specifically, it turns to inclusivity and diversity, factors that many big financial institutions once paid (at best) lip service to, but that now dominate every firm’s image, both among employees and the outside talent that might one day want to join.