A JPMorgan veteran left to work in Detroit's government. Now he's back to help the bank's $1.5 trillion security effort.
Source: Business Insider ·
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.
From the source
Marcus von Kapff returned to JPMorgan after working in the public sector.JPMorganMarcus von Kapff spent 20 years at JPMorgan before working in Detroit's government.He's back at the bank, using his experience to help with its $1.5 trillion US security effort.Von Kapff said he can see problems from "another angle," as his team forges deals with the government.Marcus von Kapff's knowledge of Detroit's formerly byzantine permitting process for opening a small business has come in surprisingly handy in his new role at JPMorgan.Von Kapff spent two decades at JPMorgan before becoming Detroit's chief operating officer in 2024, and is now back to work on the firm's Security & Resilience Initiative, a $1.5 trillion effort to boost industries seen as strategically important to the US.Many of the SRI team's projects rely on coordination between the government and private industries, and von Kapff said his time in the public sector has positioned him uniquely well to do that work. He rejoined the…