Jamie Dimon Releases Annual Letter to Shareholders
Today, JPMorgan Chase Chairman and CEO Jamie Dimon released his annual letter to shareholders as part of our 2018 Annual Report. He shares his views on the performance of the firm as well as thoughts on the role business must play in addressing the complex social and economic challenges facing our communities.
Jamie underscores the critical importance of public policy in driving economic growth and opportunity around the world, noting that collaboration among governments, businesses and communities is key to developing solutions. At JPMorgan Chase, we believe the best way to scale solutions is through sound and sustainable policies that enable more people to benefit from a growing economy.
This is why we are launching a global public policy team to take our advocacy to the next level. I’m pleased to announce that Heather Higginbottom will join the firm in May to lead this new effort. She joins us from CARE USA where she was Chief Operating Officer and previously held various senior policy and programmatic roles in United States government, including Deputy Secretary of State. We are excited to build on the firm’s work across a range of areas, including skills training, our insights and investments in small business, community and economic development, and financial health and inclusion.
As we announced in 2018, our firm will deploy $1.75 billion by 2023 to drive inclusive growth in communities around the world. I hope you will also read my letter in our Annual Report, which highlights those efforts and how we are applying our core business resources and expertise to generate ‘Return on Community.’
Thank you for your continued interest in our work. I look forward to expanding on many of these ideas in the coming weeks when we release our annual Corporate Responsibility Report and announce new investments through our AdvancingCities initiative.
Sincerely, Peter L. Scher Head of Corporate Responsibility Chairman of the Mid-Atlantic Region JPMorgan Chase & Co.
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