JPMorgan dealmaker Hernan Cristerna to retire at end of 2026

JPMorgan dealmaker Hernan Cristerna is set to retire from the banking sector at the end of 2026, after an illustrious 30-year career with the firm, a spokesperson confirmed. The US bank's executive chairman of global investment banking and M&A, Cristerna will relinquish his position following a career marked by landmark takeovers and influential leadership.

Co-heads of global banking, Filippo Gori and John Simmons, informed employees in a memo about Cristerna's impending departure. Throughout his tenure, Cristerna has had a profound impact on JPMorgan, with a particular emphasis on the Europe, Middle East, and Africa region. He took on the global chair role in 2020 and previously led the firm's global M&A business from 2013.

As a Harvard Business School graduate, Cristerna has advised on numerous transformative deals, including the 2008 acquisition of Anheuser-Busch by InBev, Saudi Aramco's acquisition of SABIC in 2019, and Bunge's merger with Viterra in 2023.