Lori Beer

Technology at JPMorganChase

Lori Beer is Global Chief Information Officer of JPMorganChase and a member of its Operating Committee. Per the firm's leadership page, she oversees technology systems and infrastructure worldwide, manages a $19.8 billion budget and about 65,000 technologists, and supports the retail, wholesale, and asset and wealth management businesses. She also sponsors the firm's Women on the Move Business Resource Group.^[1]

American Banker, ranking her fifth in its 2026 Most Powerful Women in Banking list on October 1, 2026, reported that her department manages more than 7,000 applications and nearly an exabyte of data, that its systems support about 86 million active customers, and that they process roughly $12 trillion in digital payments a day. Her teams work in technology centers in the United States, Europe and Asia, and her stated priorities include embedding technology staff inside business teams and expanding the use of AI across both technology and business operations.^[2]

Enterprise AI and agents

According to American Banker, the bank's in-house LLM Suite, which won the publication's 2025 Innovation of the Year award, is widely used and underpins more than 200 applications; internal metrics, it said, show it saves employees several hours of work a week. At AWS re:Invent in December 2024, CIO.com reported that LLM Suite was used by more than 200,000 employees, with bankers, advisors, contact-center staff and developers among those seeing gains.^[2][3]

Beer is now developing AI agents that can act autonomously, stressing risk controls and fine-grained guardrails. Many of the current agents are being built by her own software engineering teams. The largest use is in back-end work, especially software development, where the bank says coding assistants have cut the coding portion of the development lifecycle by 10 to 20 percent, and she says most code is now written or assisted by agentic tools, leaving engineers to focus on business problems. She told American Banker the coming year will center on maturing AI for enterprise use and managing its cost, which she expects to fall over time.^[2]

Cloud and data strategy

In the CIO.com account of her re:Invent appearance, Beer said the bank began its AWS journey in 2020, that its UK consumer bank was built on AWS, and that by 2023 nearly 1,000 applications ran there. The Chase.com website and mobile apps moved to AWS two years before the talk, in a multi-region setup designed so that two of three regions could fail without customer impact. She credited cloud with modernizing payments and markets, and said her principles had not changed: a strong security foundation, alignment with regulation, business and technology modernization, serverless and AI adoption, and migrating the most impactful workloads first.^[3]

On data, she called the bank's nearly one exabyte one of its most critical assets and said the platform should make data discoverable, accessible, interoperable and reusable, supporting products such as Fusion for institutional investors. The same article said SageMaker underpins the firm's AI platform for about 5,000 employees and that Bedrock was being explored for models fine-tuned on the bank's data.^[3]

Her thinking predates the AI wave. In a 2021 interview with The Stack she described a hybrid, multi-cloud estate, a preference for building new digital experiences as cloud-native microservices rather than large lift-and-shift moves, and a view of data as a product rather than a byproduct. She said product owners manage technology investments like profit-and-loss owners and described a FinOps model for controlling cloud cost. That interview cited a technology workforce of more than 50,000 and a $12 billion IT budget at the time, and a cybersecurity spend above $600 million in 2020.^[4]

Career path

Beer joined the firm in 2014 as Chief Information Officer of the Corporate & Investment Bank before taking the global role. In 2021 she told The Stack she was the first CIO to sit on the firm's operating committee, which she saw as a sign of technology's centrality, and that the chief data officer, the chief information security officer, the line-of-business CIOs and the chief technology office all reported to her. Earlier she was executive vice president of Specialty Businesses and Information Technology at WellPoint, where she was responsible for a $10 billion business unit including its specialty products.^[1][4]

The Stack reports that she began as a software engineer and switched from electrical engineering to computer science at university.^[4]

Leadership, talent and the pipeline

In the same interview she described steering a very large organization with calm and confidence while still pushing change aggressively, and said she stays connected to entry-level staff to gauge culture from the ground floor. She named talent acquisition as a top concern and pointed to gaps in the representation of women, Black and Hispanic technologists in the pipeline. She described a program, Force for Good, in which new software engineers spend their first two years partly building applications for nonprofits within agile teams, which also serves as a recruiting channel.^[4]

Education, boards and recognition

Beer holds a bachelor of science in computer science from the University of Dayton, a Doctor of Commercial Science honoris causa from the University of Cincinnati and an honorary doctorate of science from Dayton, and has endowed scholarships at both to support diversity in STEM careers. She co-chairs the Teach for America New York Advisory Board and sits on the University of Cincinnati Foundation Board of Trustees.^[1]

The firm lists recognitions including the CIO 100 Hall of Fame, the Forbes CIO Next list, Barron's Most Influential Women in US Finance, American Banker's Most Innovative People in Finance and Most Powerful Women in Banking, and Computerworld's Premier 100 IT Leaders.^[1]

Why she matters

Beer runs one of the largest technology organizations in finance and is a leading example of a regulated-industry CIO moving generative AI from pilots to firmwide tools and now to agents, with risk controls built in. Her record on cloud migration, data platforms and engineering productivity is closely watched by peers because of the bank's scale.^[1][2][3]

On The Executive List

Lori Beer is ranked No. 43 on The Executive List (October 2026) in the Chief Information Officers discipline. The ranking reflects The Executive Review's own editorial Trending Score; it is not an outside award, and placement on the list is never sold. View the October 2026 edition.