A JPMorgan veteran left to work in Detroit's government. Now he's back to help the bank's $1.5 trillion security effort.
Marcus von Kapff has boomeranged to JPMorgan and said his time in the public sector shapes his work on the bank's $1.5 trillion security initiative.
Marcus von Kapff, a former JPMorgan veteran, has transitioned back to the bank after working in Detroit's government. He spent 20 years at JPMorgan before taking up a role as the city's chief operating officer in 2024. Von Kapff is now back at JPMorgan, focusing on the bank's $1.5 trillion Security & Resilience Initiative (SRI), which aims to bolster strategically important industries in the US.
His experience in the public sector has given him a unique perspective, allowing him to better coordinate with government bodies on SRI projects. Von Kapff previously held various management positions at JPMorgan, including CFO of the commercial bank. His return to JPMorgan was influenced by the initiative's mission and support from CEO Jamie Dimon.
At JPMorgan, he oversees a team that supports companies developing advanced manufacturing products. Von Kapff's knowledge of Detroit's permitting process has been useful in his new role, and he is working to address challenges in the advanced manufacturing sector.
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