JPMorgan’s new CTO Sri Shivananda joins a company in flux

JPMorgan’s new global CTO Sri Shivananda joins a company in transformation

Thanks to Artificial Intelligence and $17 billion on technology spending annually, it will not be the same when he leaves.

Edward Targett

Jun 11, 2024 - 5 min read

JPMorgan has appointed eBay and PayPal veteran Sri Shivananda as the bank’s new firmwide CTO, reporting to global CIO Lori Beer – and joining a company making huge investments in disruptive Artificial Intelligence.

Sri Shivananda will start at the bank later this month. He joins an organisation set to spend $17 billion on technology in 2024 and undergoing an extensive data and infrastructure platform modernisation effort.

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