Jing Ulrich
Jing Ulrich | |
|---|---|
| Born | Li Jing (李晶) 1967 |
| Occupation | Banking executive |
| Years active | 1990s–present |
| Known for | Managing Director and Vice Chairman of Investment Banking at JPMorgan Chase |
| Notable work | Founder of J.P. Morgan’s China-investment summit |
Jing Ulrich, born Li (李晶), holds the positions of Managing Director and Vice Chairman within the Investment Banking division at JPMorgan Chase.
Widely acknowledged as one of the most influential women globally, she has been featured by Forbes China as one of the nation's leading businesswomen for seven consecutive years up to 2021. In October 2013, Fortune magazine recognized her among the top 50 most powerful female business leaders worldwide for the fourth time. That same year, the South China Morning Post listed her among Hong Kong's 25 most inspirational and impactful women. In 2016, she was honored with the first-ever Asian Women Leadership Award presented by China Daily and Asia News Network.
Education
Ulrich completed her undergraduate studies in English and American Literature with honors at Harvard University in 1990. She then earned a master's degree in East Asian Studies from Stanford University in 1992.
Early career
Between 1994 and 1996, Ulrich managed Greater China funds at Emerging Markets Management based in Washington, D.C., following her earlier role as an equity analyst at Bankers Finance Investment.
Deutsche Bank
From 2003 until 2005, she was managing director responsible for Greater China equities at Deutsche Bank. Before that, she spent seven years leading CLSA Asia-Pacific Markets’ top-ranked team focused on the China market.
J.P. Morgan
Ulrich became part of JPMorgan in 2005 as managing director and currently serves as vice chairman of investment banking, operating out of New York since 2021. She provides strategic advice to senior global clients on capital raising and investment banking matters across sectors including technology, industrials, healthcare, and consumer goods. Drawing upon her academic background from Harvard and Stanford, she promotes collaboration between East and West and steers business and investment strategies for prominent corporations, private equity firms, and sovereign wealth funds across North America, Asia Pacific, and Europe.
She established J.P. Morgan’s China-investment summit, which draws over two thousand fund managers and executives from forty countries to discuss investment prospects in China. Notable keynote speakers at these events have included Chinese Premier Zhu Rongji, U.S. President Bill Clinton, Secretary of State Henry Kissinger, and U.K. Prime Minister Tony Blair.
Ulrich advises leading asset managers, sovereign wealth funds, and pension funds on allocating trillions of dollars in assets. She has also supported foreign institutions with their international investment strategies.
Regularly sought after by print and broadcast media for her expertise on China-related topics, Ulrich was a frequent guest on CNBC's Closing Bell with Maria Bartiromo and appeared on PBS's Nightly Business Report before concentrating on investment banking in the U.S. In Asia, she has been a common contributor on Bloomberg Television. Her commentary has appeared in major publications such as The Financial Times, The New York Times, and The Wall Street Journal.
Board and advisory roles
Since 2019, Ulrich has been a member of the Supervisory Board at global sportswear company adidas AG, securing re-election in 2024 for an additional four-year tenure. In 2017, she joined the international advisory board of German multinational Bosch. She is also part of the International Chamber of Commerce G20 CEO Advisory Group, which serves as a key platform for business engagement with the G20 process. Furthermore, Ulrich contributes to the Strategy Advisory Board of private equity firm L. Catterton as well as the China Advisory Panel for real estate company CapitaLand.
In addition to her responsibilities at JPMorgan, she was appointed in 2016 to the trade-and-investment task force involving B20 / G20 member countries. In 2014, she joined the Asia Pacific Economic Cooperation (APEC) China Business Council Multinational Advisory Committee. Ulrich has also held independent directorships on the boards of global healthcare corporation GlaxoSmithKline, Italian luxury brand Ermenegildo Zegna, and serves on the International Advisory Council of Italy’s Bocconi University.
Accolades
In October 2006, Ulrich was honored as Hong Kong's Young Achiever of the Year by the South China Morning Post and the American Chamber of Commerce in Hong Kong, selected from a large pool of candidates.
A June 2007 survey conducted among institutional investors placed Ulrich at the helm of the leading China team globally—a title she secured five times, according to Institutional Investor magazine, which also featured her on the cover of its international edition. Prior to advancing to a senior position, global investors consistently recognized her as the top China strategist in polls conducted by publications like Asiamoney.
Ulrich was named one of the 50 most influential women in global business by Fortune in both 2010 and 2011. Additionally, she appeared in the lists of the world’s 100 most powerful women published by Forbes in August 2008 and October 2010, with Forbes also highlighting her among the "20 youngest power women" worldwide. In 2011 and 2012, FinanceAsia ranked her among the top 20 women in finance as well as one of the top 30 bankers in China. Furthermore, Forbes included her in Asia’s top 50 most powerful businesswomen in March of both 2012 and 2013.
By 2012, media outlets such as the South China Morning Post and China Daily had dubbed Ulrich the "Oprah Winfrey of the investment world."
Personal
Ulrich holds U.S. citizenship and is fluent in both Mandarin and English.