Mary Callahan Erdoes

Mary Callahan Erdoes ( born August 13, 1967) is the CEO of JPMorgan Private Bank, also known as the Asset Management Division of JPMorgan. It is currently (2011) ranked 84 out of the most powerful women in the Forbes list.

Personal

Callahan Erdoes, was born on August 13, 1967 as the daughter of Patrick Callahan, a partner at the investment bank Lazard Freres, and Patricia Callahan, who was known in Chicago in the field of fashion and philanthropy. Mary Callahan Erdoes met her husband Philip Erdoes at Harvard Business School. They live in New York City with their three daughters.

Education and Career

Callahan Erdoes received a bachelor's degree with a major in mathematics at Georgetown University. It was at this time the only woman who could finish at this university degree in mathematics. She holds an MBA from Harvard Business School.

She began her career at Stein, Roe & Farnham and referred the mother to her grandmother, who had helped her in finding a job during their college years. She described her work there as a glorified job in the mailroom. She changed in connection to Bankers Trust in the departments of corporate finance, wholesale banking and high-yield bonds. Prior to joining JPMorgan, she was with Meredith, Martin & Kaye, a firm specializing in fixed-income securities consulting firm, hired, where she was responsible for credit research, trading and individual portfolio management. In 1996, she joined JPMorgan as Head of fixed income securities. In March 2005, she was promoted to CEO of JPMorgan Chase. It was also considered a potential successor for the CEO of JPMorgan Chase & Co., Jamie Dimon. In addition, she has worked on the board of UNICEF.