JPMorgan Chase has hired BP executive Dana Deasy as chief information officer, responsible for the bank's technology systems and infrastructure around the world.
Deasy will begin his new job in December, replacing Mike Ashworth, who has been acting CIO for the last few months following the departure of Guy Chiarello, who has since resurfaced as president of First Data.
Ashworth becomes deputy chief information officer and CIO of the firm's consumer and community banking business.
Deasy is currently CIO and VP responsible for global information technology, procurement and global real estate at oil giant BP. He has also held senior IT-related roles at General Motors, Tyco and Siemens.
Paul Compton, chief administrative officer, JPMorgan Chase, says: "Dana Deasy is an extraordinarily talented executive with outstanding experience, and we are pleased he'll be leading this critically important role for our company."