(Bloomberg) -- JPMorgan Chase, the biggest U.S. bank, named John Horner treasurer and chief investment officer, succeeding Craig Delany, who announced his retirement last month.

Horner, who joined JPMorgan in 2002, was previously head of investor services at the corporate and investment bank, New York-based JPMorgan said in an internal memo obtained by Bloomberg. The Wall Street Journal reported Horner’s move earlier Wednesday.

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