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JPMorgan Chase Names Evans to Co-Lead Emerging Middle Market Group

May 06, 2022, 08:00 AM

JPMorgan Chase Commercial Banking named Arnold Evans as Managing Director and Co-Head of Emerging Middle Market (EMM) within the Middle Market Banking & Specialized Industries (MMBSI) business. In this new role, Evans will partner with fellow EMM Co-Head Terry Hill to lead a national team of commercial bankers in more than 125 locations across the country that are dedicated to serving the unique needs of emerging middle market companies with up to $100MM in annual revenue.
Emerging Middle Market companies account for more than 75,000 of the businesses operating nationwide and are companies that are scaling up from the small business stage and growing in size and complexity. Evans, a seasoned financial executive with more than two decades of experience in client engagement, strategy, capital markets, risk, governance and commercial banking, will be responsible for the Southeast and Northeast Segments for EMM from his base in Atlanta and will also join MMBSI’s Executive Committee.
“Today’s emerging companies are operating in an exceptionally complex environment, and we’re committed to providing radically simple banking solutions that help save time so they can focus on running their businesses,” said John Simmons, Head of MMBSI at JPMorgan Chase Commercial Banking. “I’m thrilled that Arnold will be taking the helm with Terry as we continue to invest in the people and technology to build the best digital banking platform and experience for our clients in this dynamic sector.”
“Rejoining JPMorgan Chase, where I started my career 25 years ago, is a special homecoming opportunity for me to help build out an exciting part of the MMBSI business,” said Evans. “I’m eager to tap into my background to help deliver a delightful experience to this unique segment of business leaders, especially as the incredibly active sector continues to evolve.”
Evans joins the firm from Truist where he was Enterprise Ethics Officer, responsible for overseeing the company’s business practices and risk culture. Prior to that, he led commercial banking for SunTrust in North and Central Florida and spent nearly a decade leading the Equity Originations Group. Evans started his career at JPMorgan Chase in New York City, working for eight years in Equity Capital Markets and the Financial Institutions Group. He also served more than eight years in the U.S. Army, completing his military service at the rank of Captain. He earned a bachelor’s degree from the U.S. Military Academy at West Point, an MBA from the University of Virginia Darden School of Business and J.D. from the University of Virginia School of Law.
“I’m excited to join forces with Arnold to take EMM to the next level for our clients,” said Terry Hill, Co-Head of EMM based in Houston. “We’ve been focused on transforming the client experience for emerging middle market companies. Recruiting Arnold to join our leadership team is the latest step in continuing to build on our dedicated effort to better serve this segment.”
Emerging middle market companies require a simple and powerful banking platform that scales as their needs evolve and maximizes efficiency. With nine out of 10 business leaders expecting their companies to grow in the year ahead, according to the JPMorgan Chase 2022 Business Leaders Outlook Survey, the solutions and tools to support that growth include:

  • Chase Connect, a digital banking platform with an integrated invoicing and payments platform called Cashflow360 to help transform how businesses send and receive money
  • Transitioning from manual processes and paper checks to electronic
  • Seamless banking solutions for every stage of a business’s life cycle, from everyday banking, credit and financing needs to international banking, private banking, asset management and more
  • Banking partners with a deep understanding of the trends impacting companies’ industries, from healthcare to technology to e-commerce and beyond


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