CEO of JPMorgan Asset Management Discusses Changing Structure of Global Financial System
On Friday, April 26, the Georgetown Center for Financial Markets and Policy and the Georgetown Wall Street Alliance hosted an event at JPMorgan Chase and Co. World Headquarters in New York City featuring Mary Callahan Erdoes (C ’89). Erdoes serves as the Chief Executive Officer of JPMorgan Asset Management, a global leader in investment management with more than $2 trillion in client assets. During a conversation moderated by Reena Aggarwal, professor of finance and director of the center, Erdoes discussed the business and regulatory environments currently facing the financial services industry in addition to her personal experiences as a female executive.
Erdoes fondly recalled her time at Georgetown University as an undergraduate student and spoke about the strong values that define and unite Georgetown alumni. She also addressed the ways in which recent regulation has affected financial services, particularly banking; the current interest rate environment; and the increasingly global nature of the industry with a focus on developing economies. Following the discussion, Erdoes took questions from the audience.
Many Georgetown alumni who possess experience in the finance sector attended the event. This discussion was the first in a series organized by the Georgetown Center for Financial Markets and Policy and Georgetown Wall Street Alliance.