By Dean Seal
Wells Fargo has hired JPMorgan Chase's former president of branded cards to lead its cards business.
The bank said Tuesday that Ed Olebe has been named head of cards and merchant services, effective immediately.
Olebe succeeds Ray Fischer, who notified the company last year of his intention to retire. Olebe joined Wells Fargo in 2019.
Prior to leading the branded cards division at JPMorgan, Olebe was in charge of Chase's co-branded cards and loyalty program. Before that, he was the CEO of Grasp Mobile Commerce, and he also previously worked at Mastercard and American Express.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
January 21, 2025 11:16 ET (16:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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