JPMorgan Chase & Co. is expanding its senior leadership team and adding more diversity in the process.

According to a news release, the financial services giant named veteran executive Reggie Chambers as its new head of Investor Relations this week. He will replace JPMorgan Chase executive, Jason Scott, effective Jan. 1, 2021.

Scott, who has led the company’s Investor Relations team since 2016, will be taking on a new role at JPMorgan Chase as head of Global Technology Finance.

According to Black Enterprise, Chambers currently serves as the firm’s Chief Administrative Officer for Chase Consumer Banking where he oversees all branch innovation and operations for the Consumer Bank. This includes managing branch real estate, ATMs, branch innovation labs, and many other things.

In his new role, he will report to JPMorgan Chase CFO Jennifer Piepszak while leading a team of employees responsible for maintaining relationships with investors and analysts, an announcement shares.

Additionally, he will assist his team in understanding the company’s business model, long-term strategy, governance and financial performance going forward.

“This is a great example of our strong talent bench and mobility for two wonderful leaders,” Piepszak shared in a statement. “I want to thank Jason for the terrific job he has done these last four years helping investors understand our compelling value proposition, and welcome Reggie to the team as he brings a wealth of experience to this role.”

With nearly 20 years of experience in the financial services industry, the Harvard Law Graduate held previous roles at other companies such as  McKinsey & Company, 3i Group plc, and others.

He also spent considerable time working as a White House Fellow under the Obama Administration at the White House National Economic Council.