JPMorgan Chase & Co. announced the expansion of its $1.5 trillion, 10-year Security and Resiliency Initiative (SRI) into Europe, extending a major effort to strengthen supply chains, economic resilience, and critical industries across key global markets.
The expansion builds on the initiative’s existing momentum in the United States and follows a previously announced plan to extend the program into the United Kingdom. The effort focuses on facilitating financing and investment across sectors deemed essential to economic and national security.
SRI targets five key verticals: supply chain and advanced manufacturing; defense and aerospace; energy independence and resilience; frontier and strategic technologies; and pharma and healthtech. JPMorgan is investing more in talent and regional leadership to support execution across Europe, strengthening its long-standing presence in the region.
Conor Hillery and Matthieu Wiltz will lead the initiative across Europe, the Middle East, and Africa, working with senior bankers including Chuka Umunna and Daniel Rudnicki Schlumberger to engage public- and private-sector partners.
As part of the expansion, JPMorgan also announced plans to appoint Tony Radakin to its SRI External Advisory Council, subject to regulatory approval. He will join a group of leaders from government and industry advising on the initiative’s long-term strategy.
The move reflects growing concern among governments and financial institutions about vulnerabilities in global supply chains, particularly in areas such as critical minerals, energy, and advanced technologies. JPMorgan is positioning SRI as a platform to help address these challenges through coordinated investment and financing efforts across allied markets.
The initiative underscores a broader trend of increased collaboration between financial institutions, governments, and industry to reinforce economic security and reduce reliance on unstable or concentrated sources of critical inputs.
JPMorgan Chase, with a century of experience in Europe, uses its global reach and relationships to support investment in sectors that drive long-term growth, innovation, and national resilience.
KEY QUOTES:
“The national and economic security of countries depends on strong, resilient and reliable supply chains, and robust critical industries. For too long, the U.S. and Europe have relied on unpredictable sources for things like critical minerals that are essential to collective security and prosperity. Now, it is in our best interest to address these challenges together, because our security, freedom and economic growth depend on it.”
“The collective experience of our External Advisory Council is a real force multiplier for SRI and will help support our strategic financing of critical industries to deliver meaningful impact in an increasingly complex global environment. By working together, we are acting with urgency to support our clients, partners and the nations we serve.”
Jamie Dimon, Chairman And CEO, JPMorgan Chase & Co.
