PHILADELPHIA, PA (February 1, 2012) – James B. Lee, Jr., Vice Chairman of JPMorgan Chase & Co. and Co-Chairman of JPMorgan, was elected to the Big Brothers Big Sisters of America board of directors.
Lee is widely credited as the architect of the modern syndicated loan market. He joined Chemical Bank in 1975 and in 1982 founded the bank’s loan syndications unit, and then ran the investment bank for Chemical Bank, and later Chase Manhattan Bank. He also founded the bank’s first public securities business since Glass-Steagall, while subsequently forming its first organized coverage of private equity firms and starting the bank’s first M&A practice. A member of Morgan’s Executive Committee, Lee’s career with JPMorgan Chase spans more than 35 years. He has financed and advised many landmark transactions, with recent advisory roles on News Corporation’s purchase of Dow Jones and GE’s sale of NBC to Comcast.
“As an innovative leader in the financial industry, we welcome Jimmy’s wisdom, perspective and dedication to helping us bring Big Brothers Big Sisters’ quality mentoring programs and proven positive outcomes to children and communities across the country,” said Brian P. Jackson, Big Brothers Big Sisters of America’s national board chair. “We are pleased and honored that Jimmy accepted our invitation to serve.”
Lee sits on several other boards and is active with other charities; including the New York Police & Fire Widows’ and Children’s Benefit Fund, and the Inner City Scholarship Fund. He received a B.A. from Williams College, where he double majored in Economics and Art History.
About Big Brothers Big Sisters
For more than 100 years, Big Brothers Big Sisters has operated under the belief that inherent in every child is the ability to succeed and thrive in life. As the nation’s largest donor and volunteer supported mentoring network, Big Brothers Big Sisters’ mission is to provide children facing adversity with strong and enduring, professionally supported one-to-one relationships that change their lives for the better, forever.
Partnering with parents/guardians, schools, corporations and others in the community, Big Brothers Big Sisters carefully pairs children (“Littles”) with screened volunteer mentors (“Bigs”) and monitors and supports them in one-to-one mentoring matches throughout their course. The organization holds itself accountable for children in the program to achieve measurable outcomes, such as higher aspirations; greater confidence and better relationships; educational success; and avoidance of delinquency and other risky behaviors. Most children served by Big Brothers Big Sisters are in single-parent and low-income families or households where a parent is incarcerated. Headquartered in Philadelphia with a network of about 360 agencies across the country, Big Brothers Big Sisters serves nearly 630,000 children, volunteer mentors and families. Learn how you can positively impact a child’s life, donate or volunteer at BigBrothersBigSisters.org.