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Community Leader And JPMorgan Chase Executive Dennis Bassett Announces Retirement

Stocks in this article: JPM

JPMorgan Chase announced today the retirement of Dennis Bassett, Chairman of Chase for Indiana, and the embodiment of a community banker for the past 40 years. Bassett, 65 has served as the firm’s top executive in the state for 10 years; a term that will conclude at the end of 2013.

“Dennis’ focus on serving customers, cultivating exceptional employees and providing leadership in the community throughout his career helped solidify Chase’s position in the market,” said Tony Maggiore, President of the Midwest, Chase Middle Market Banking. “He’s been a valuable contributor to the success of JPMorgan Chase. We will miss his insight, energy, warmth and integrity.”

Bassett began his banking career in 1973 with Indiana National Bank and has since served as chief executive officer of Bank One of Indiana, president of Huntington Bank in Indiana, and in executive positions at Chase’s predecessor banks through four significant mergers.

Managing a portfolio of middle market companies was Bassett‘s start in the commercial banking world. It helped him hone the attributes that would define his leadership – astute analytical abilities, clear and frequent communication, and the ability to partner and build deep relationships.

“It has been a privilege to serve this community. Indiana has remarkable businesses, distinguished cultural and philanthropic organizations and the greatest people in the world; especially the men and women of JPMorgan Chase,” said Bassett. “I’m proud of the work we have done together – in business, philanthropically and civically. Together we have built a strong, vibrant community and positioned it to thrive for generations to come.”

Beyond his role as the leader of Chase in Indiana, Bassett serves the community as a trustee of Butler University; Central Indiana Corporate Partnership, Indiana State Chamber of Commerce, Greater Indianapolis Progress Committee, Indiana Sports Corp., Indianapolis Symphony Orchestra, Center for Leadership Development, and Arts Council of Indianapolis.

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