Craig Zollinger has been named region manager and head of Middle Market Banking & Specialized Industries (MMBSI) for JPMorgan Chase in Arizona, where the bank has more than 10,000 employees and is ranked first by the FDIC in deposit market share among the state’s financial institutions.
Zollinger will relocate to Phoenix from Utah and will continue as the Intermountain region head, overseeing the Arizona, Colorado, Idaho, Nevada and Utah markets. Additionally, he oversees the MMBSI national Business Development Group and is a member of the MMBSI Executive Committee. Throughout his 35-year banking career, Zollinger has held many senior leadership positions with JPMorgan Chase in Commercial, Real Estate and Small Business Banking.
Zollinger steps into the role previously held by Curtis Reed, who has been leading the Arizona MMBSI business for the past three years. Reed is returning to his hometown to serve as region manager for Chicago.
“Craig is a proven leader who is passionate and dedicated to helping clients achieve their goals and grow their businesses,” said John Simmons, head of Middle Market Banking & Specialized Industries. “With more than 30 years of experience with Chase, his deep industry knowledge and connectivity to our bank’s extensive resources and incredible people will bring tremendous value to our Arizona clients and the community.”
Zollinger is actively involved in the banking industry and community affairs. He currently serves on the executive committee of the Economic Development Corporation of Utah’s board of trustees and is vice chairman of the board of directors and executive committee member of the United Way of Salt Lake. He is also a board member of the Salt Lake Chamber and the World Trade Center Utah, and previously served as chairman of the Utah Bankers Association.
Chase’s team of commercial bankers serves businesses with more than $20 million in annual revenue and provides comprehensive financial solutions to local companies and to 15 specialized industries, including healthcare, technology and life sciences.
“Arizona’s economy continues to grow, driven by innovation across multiple sectors,” Zollinger said. “It’s an exciting time to lead this market, and I’m delighted at the opportunity to serve our clients and continue our tradition of supporting the local community.”
Metro Phoenix is a strategic hub for JPMorgan Chase with 9,700 employees in the region. Chase has 249 branches in Arizona and a deposit share of 26.29 percent. The bank serves 3.2 million consumers and more than 300,000 business customers statewide. It also serves many of the top corporations and leading institutions across the Valley.
