Former JPMorgan COO Matt Zames to Advise Social Security Administration on Modernization
Former JPMorgan Chase Chief Operating Officer Matt Zames will become an advisor to the Social Security Administration Monday (Aug. 24) to help modernize the agency, CNBC reported Friday (Aug. 21), citing unnamed sources. Zames will serve in an unpaid advisory role and will join his former JPMorgan Chase colleague Frank Bisignano, who is the Social […] The post Former JPMorgan COO Matt Zames to…
Matt Zames, formerly the Chief Operating Officer of JPMorgan Chase, will serve as an unpaid advisor to the Social Security Administration starting Monday (August 24), according to CNBC. The advisory role will allow Zames to help modernize the agency, as he will be limited to 130 days of work, which can be spread over an extended period.
His appointment is in addition to Frank Bisignano, the Social Security Commissioner and former CEO of Fiserv, who was nominated by the Senate in May 2025. Bisignano aims to enhance the agency's efficiency and reduce its error rate by implementing artificial intelligence to detect fraud. The Social Security Administration has already reported significant improvements in client-facing service metrics over the past year.
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