JP Morgan’s Anu Aiyengar – The only woman to lead M&A at a major Wall Street bank

Jan 13, 2023

By: Vaamanaa Sethi

Sole head of M&A

Indian-origin Anu Aiyengar has been appointed as the head of JP Morgan Chase’s global mergers and acquisitions (M&A) franchise. She becomes the only female to lead that franchise at a major Wall Street bank.

Credit: Bloomberg

M&A co-head Dirk Albersmeier steps aside

52-year-old Aiyengar will be sole head since Dirk Albersmeier, who was the co-head of M&A, is stepping aside to focus on client work, according to media reports.

Credit: JP-Morgan

Company announcement

"Going forward, Anu will be the sole head of our global M&A business and Dirk will focus exclusively on providing our clients with first-class M&A advice and continuing to mentor the next generation of M&A leaders," said the company in an internal memo.

Credit: JP-Morgan

Journey at JP Morgan

Aiyengar has been working at JP Morgan for over 20 years. She joined in 1999 as managing director and served in the position till 2015.

Credit: JP-Morgan

In 2015, she became the head of M&A of North America.

In 2020, she became the co-head of global M&A at the company – becoming the only woman and person of colour to hold the position..

Credit: BCCL

Part of bigger deals

According to media reports, Aiyengar has advised on big deals including Burger King's acquisition of Tim Horton.

Credit: BCCL

About her career

Before joining JP Morgan, she worked as a manager at American Express for four years. She is on the boards of Youth INC, a venture philanthropy organisation, and Dress for Success Worldwide, a not-for-profit organisation. She is also a board trustee at Smith College.

Credit: BCCL

Educational background

She graduated with a BA in Economics from Smith College, Northampton, Massachusetts and later on pursued an MBA in Finance from Vanderbilt University, Tennessee.

Credit: Bloomberg

Awards and achievements

She was on Barron’s 100 Most Influential Women in US Finance list for two years in a row – 2021 and 2022. She was also part of Forbes 50 over 50 -Money (2022) list.

Credit: Forbes

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