Sekou Kaalund

NEW EXCLUSIVE
  • Managing Director, JP Morgan Chase & Co.
  • Head of Northeast Division, Consumer Banking at Chase


With more than two decades of Wall Street experience, Sekou Kaalund has a proven track record of achieving revenue growth and developing highly profitable client relationships in start-up, turn around, and scale businesses. His unique background spans leadership experiences in staff and line roles across institutional and retail businesses. He has developed market strategies, managed strategic business transactions, and led complex organizations.

As head of Consumer Banking at Chase for the Northeast Division, Sekou oversees 1000 branches in five regions with 10,000 employees and over $325 billion in deposits and investments. He runs the largest division in Consumer Banking, which as a standalone is the equivalent of the 4th largest bank in the country. Sekou has a strong track record developing talent, forming inclusive teams, and leveraging a vast network to connect people with opportunities.

Sekou has established key connections across client segments and industries. As part of JPMorgan’s Corporate and Investment Bank, he managed some of the largest, complex firmwide relationships with Asset Manager and Hedge Funds. He also was the Americas Head of Sales for Public & Corporate Pensions, turning around a low performing segment and growing business by 300%, while achieving four-years of record sales. He joined JPMorgan as Head of Private Equity Fund Services Business Development and built a global team, achieved 60% growth, and won new clients in countries previously unpenetrated.

Because of Sekou’s commitment to impact and experience building businesses, he was tapped to launch Advancing Black Pathways, the first global corporate initiative that leveraged a data-driven strategic framework to develop scalable programs to reduce the racial wealth gap. The success of this initiative—which included hiring thousands of black students, providing millions of dollars in capital to black businesses, and reaching over one million individuals with financial health content—led to a historic five-year firm-wide $30B commitment to advance racial equity.

Sekou’s contributions have been recognized by Ebony Magazine’s 2020 Power 100 list, “Titans of Industry”; SAID Institute 2020 Mark of Excellence; World of Money 2019 Wall Street Legacy Award; and Face2Face Africa’s 2019 “30 Black Stars”. He has been featured in publications, including BBC, Forbes, NBC, CNBC, Black Enterprise, and Essence. Sekou serves on non-profit and corporate boards, including CLMBR,  INROADS (Vice Chair), Duke University School of Public Policy, and America Needs You. 

Additionally, Sekou held leadership roles at the Federal Reserve Bank of New York and Citi. He earned a Master’s Degree from Duke University and a Bachelors from Hampden-Sydney College. Sekou resides in the NY metropolitan area with his wife and three children. 

 

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Profile Segment - Sekou Kaalund in JP Morgan Chase segment for the Beloved Community Awards [1:11] - Get Sharable Link
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<p>Conversations with Sekou Kaalund</p>

Conversations with Sekou Kaalund

Managing Director of JP Morgan Chase & Co. SEKOU KAALUND helps organizations define “The Future We Want” by addressing how we can all advance progress on Sustainable Development Goals and tackle local issues with global implications including economic success and the empowerment of underserved communities.

Kaalund launched Advancing Black Pathways, the first global corporate initiative that leveraged a data-driven strategic framework to develop scalable programs to reduce the racial wealth gap. The success of this initiative—which included hiring thousands of black students, providing millions of dollars in capital to black businesses, and reaching over one million individuals with financial health content—led to a historic five-year firm-wide $30B commitment to advance racial equity. 

Sekou’s contributions have been recognized by Ebony Magazine’s 2020 Power 100 list, “Titans of Industry”; SAID Institute 2020 Mark of Excellence; World of Money 2019 Wall Street Legacy Award; and Face2Face Africa’s 2019 “30 Black Stars”. He has been featured in publications, including BBC, Forbes, NBC, CNBC, Black Enterprise, and Essence. Sekou serves on non-profit and corporate boards, including CLMBR, INROADS (Vice Chair), Duke University School of Public Policy, and America Needs You. He is also a member of the Executive Leadership Council.  He was honored by the All Stars Project in 2017 for leadership and community impact and by the Council of Urban Professionals in 2015 as a Catalyst and Change Agent in Finance for “achieving professional success while making significant and impactful contributions to the community through volunteerism, philanthropy, board service, and mentorship.” The Harlem YMCA also honored him as a “Black Achiever in Industry” in 2012, and the Boys and Girls Club of America inducted him into the Hall of Fame in 2011. 

His leadership initiatives have included “Advancing Black Entrepreneurs” and other partnerships in tech including StartupBus, a hackathon on wheels. Additionally, Sekou held leadership roles at the Federal Reserve Bank of New York and Citi. 

He has spoken at the Milken Global Conference, National Urban LeagueCouncil of Urban ProfessionalsThe Harlem Times, CUNY, Urban Financial Services Coalition, the Whitney M. Young Jr. Memorial Conference, and has led engaging conversations at Chase Talks with Kevin Hart, Grant Hill, Dominque Wilkins, among many others. Here's Sekou talking about his work and speaking at the Congressional Black Caucus panel on Building Economic Power in Black Communities. 

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Biography

With more than two decades of Wall Street experience, Sekou Kaalund has a proven track record of achieving revenue growth and developing highly profitable client relationships in start-up, turn around, and scale businesses. His unique background spans leadership experiences in staff and line roles across institutional and retail businesses. He has developed market strategies, managed strategic business transactions, and led complex organizations.

As head of Consumer Banking at Chase for the Northeast Division, Sekou oversees 1000 branches in five regions with 10,000 employees and over $325 billion in deposits and investments. He runs the largest division in Consumer Banking, which as a standalone is the equivalent of the 4th largest bank in the country. Sekou has a strong track record developing talent, forming inclusive teams, and leveraging a vast network to connect people with opportunities.

Sekou has established key connections across client segments and industries. As part of JPMorgan’s Corporate and Investment Bank, he managed some of the largest, complex firmwide relationships with Asset Manager and Hedge Funds. He also was the Americas Head of Sales for Public & Corporate Pensions, turning around a low performing segment and growing business by 300%, while achieving four-years of record sales. He joined JPMorgan as Head of Private Equity Fund Services Business Development and built a global team, achieved 60% growth, and won new clients in countries previously unpenetrated.

Because of Sekou’s commitment to impact and experience building businesses, he was tapped to launch Advancing Black Pathways, the first global corporate initiative that leveraged a data-driven strategic framework to develop scalable programs to reduce the racial wealth gap. The success of this initiative—which included hiring thousands of black students, providing millions of dollars in capital to black businesses, and reaching over one million individuals with financial health content—led to a historic five-year firm-wide $30B commitment to advance racial equity.

Sekou’s contributions have been recognized by Ebony Magazine’s 2020 Power 100 list, “Titans of Industry”; SAID Institute 2020 Mark of Excellence; World of Money 2019 Wall Street Legacy Award; and Face2Face Africa’s 2019 “30 Black Stars”. He has been featured in publications, including BBC, Forbes, NBC, CNBC, Black Enterprise, and Essence. Sekou serves on non-profit and corporate boards, including CLMBR,  INROADS (Vice Chair), Duke University School of Public Policy, and America Needs You. 

Additionally, Sekou held leadership roles at the Federal Reserve Bank of New York and Citi. He earned a Master’s Degree from Duke University and a Bachelors from Hampden-Sydney College. Sekou resides in the NY metropolitan area with his wife and three children.