NEW YORK, June 20 (Reuters) - JPMorgan Chase & Co has promoted Lori Beer to chief information officer forcorporate and investment banking, replacing Mark Ashton-Rigbywho left recently for Barclays.
Beer has been the company's chief information officer forbanking since 2014, according to a JPMorgan memo seen byReuters. She was previously with health benefits company AnthemInc where she had worked for 15 years.
Beer has been part of JPMorgan's drive to use technology,including blockchain, big data and machine learning, to reducecosts, bolster compliance with regulations and improve customerservice.
JPMorgan spends more than $9 billion a year on technology,CEO Jamie Dimon said earlier this year. (Reporting by David Henry in New York; Editing by CynthiaOsterman)