The appointments of the co-heads come after a global CEO of the private bank was named in July last year.

JP Morgan has reportedly named Nelle Miller and William Sinclair as the new co-CEOs of its US Private Bank.

Miller also serves on the Asset & Wealth Management Operating Committee and the Global Private Bank Operating Committee and chairs the Advisory Council for the New York City Market Leadership Team, a FOX Business report on September 11, among others, including Barron's, said. 

Previously, Miller led the largest region in the US Private Bank, the New York business, along with the Family Office Investments and Advice, overseeing the company’s Global Investment Opportunities, outsourced chief investment officer and Morgan Private Advisory organizations nationally.

Sinclair is also global co-head of the Family Office Practice as well as a member of the US and Global Private Bank operating committees, the report said. Sinclair worked for 10 years as a senior private banker. He has led the Financial Institutions Group and the US Family Office Practice. 

Family Wealth Report has contacted the bank to confirm details and may update this article in due course.

Their appointments come after David Frame was named in July 2025 as global CEO of the private bank.