Monday, February 27, 2023

Ina Drew

 Ina R. Drew was a former top-ranking executive at Wall Street. Following the time that JPMorgan Chase suffered a $9 billion trading loss in April/May 2012, she was appointed chief investment officer. She resigned when it became evident that she wasn't aware of the strategy, and she was unable to explain the strategy to the subcommittee. Furthermore, she lied to the subcommittee when she claimed that she had not seen or received the "decision table" which outlined the various trading options she had in January 2012.Drew grew up in Springfield Township, New Jersey.She was among the few female executives with high levels of authority on Wall Street"Until the loss was revealed on May 10 the 10th of May, 2012The loss was disclosed late Thursday night [May 10, 2012]. Drew was thought of by some market players as one of the top managers of the balance sheet risks. Drew earned over $15 million in each of the two years. Her reported 2011 compensation was $13 million. Crain's New York Business named her one of the "40 under 40" in 1993. She is CIO for JP Morgan Chase & Co. since 2002. "Prior to that she was Head of Global Treasury [at JPM]".She earned an advanced master's degree in international economics from Columbia University. School of International and Public Affairs at Columbia University. Drew and her husband have been residents of the Short Hills neighborhood of Millburn New Jersey. They have one daughter and a son. Ina Drew is now a trustee at Barnard College. Her husband and Ina Drew donated $1,000,000 to Barnard College and Columbia in 2018 to endow two scholarships.

Ali

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