Marianne Lake
Marianne Lake | |
|---|---|
| Born | 1969 United Kingdom / United States |
| Nationality | British-American |
| Occupation | Banking executive |
| Years active | 1999–present |
| Known for | Executive roles at JPMorgan Chase, including CFO and CEO of Consumer Lending |
Marianne Lake (born 1969) is a prominent British-American executive in the banking sector.
Early life and education
Lake possesses dual citizenship, inherited from her English father and American mother. She attributes her early drive and ambition to the encouragement she received from her mother. She completed her undergraduate studies in physics at the University of Reading in the United Kingdom.
Career
Beginning her professional journey as a Chartered Accountant, Lake earned her qualification through the Institute of Chartered Accountants in England and Wales while working at PwC, with assignments in both London and Sydney. In 1999, she joined JPMorgan Chase, starting in London before moving to New York in 2004. Throughout her tenure, she advanced through several senior finance roles within the organization.
From 2013 until 2019, Lake held the position of chief financial officer at JPMorgan Chase, taking over from Douglas Braunstein. She then led the consumer lending division as CEO from 2019 to 2021, managing areas such as card services, home loans, and automobile financing. In 2021, she was named co-head of the Consumer & Community Banking segment alongside Jennifer Piepszak; by 2024, Lake became the sole chief executive of this division.
Following a management reorganization in January 2024, Lake became a top contender to replace Jamie Dimon as JPMorgan Chase’s global chief executive officer. As a member of the Operating Committee, her portfolio expanded in June 2025 to encompass international consumer banking operations and initiatives focused on strategic growth.
Lake has been instrumental in steering JPMorgan Chase towards a technology-centric approach and co-initiated the Women on the Move program aimed at enhancing gender diversity within the firm.
Recognition
In 2023, she was ranked 23rd on Fortune’s list of Most Powerful Women. The following year, American Banker placed her second among the Most Powerful Women in Banking.
Personal life
At age 41, Lake opted to have three children through surrogacy despite not being in a partnership.