Marianne Lake, a senior executive at JPMorgan Chase, has left the bank, according to a report from Handelsblatt.

The departure marks a significant shift in the upper echelons of the US financial giant and injects new urgency into the search for a successor to CEO Jamie Dimon.

CEO Jamie Dimon has previously signaled interest in pursuing large-scale acquisitions, including a potential $20 billion deal, which would represent the most significant transaction of his two-decade tenure.

Lake’s exit removes one of the most prominent internal candidates for the top job, reshaping the dynamics of the succession planning process.

As Dimon remains at the helm, the bank’s leadership structure faces a period of recalibration, with investors closely monitoring how the board addresses the vacuum at the executive level.

The move comes against a backdrop of strategic ambition at JPMorgan.

CEO Jamie Dimon has previously signaled interest in pursuing large-scale acquisitions, including a potential $20 billion deal, which would represent the most significant transaction of his two-decade tenure.