JPMorgan promotes two female bankers in race to succeed Jamie Dimon

The race to succeed Jamie Dimon at the helm of JPMorgan Chase just entered a new stretch — and it’s being led by a pair of female bankers.

In an internal memo Tuesday, Chairman and Chief Executive Dimon named Marianne Lake, the Wall Street giant’s CEO of consumer lending; and Jennifer Piepszak, the bank’s chief financial officer, as co-heads of consumer and community banking. The two women, both 51, will be replacing Gordon Smith, Dimon’s longtime right hand, who claims the titles of co-president, chief operating officer, and CEO of consumer and community banking.