JPMorgan Chase & Co. has appointed two of its executives, Daniel Pinto and Gordon Smith, as co-presidents and co-chief operating officers of the company.

“While the board of directors and I have agreed that I will continue in my current role for approximately five more years, the promotions we announced today reflect the enormous contributions that Gordon and Daniel have made to the continuing success of our company," Chairman and CEO Jamie Dimon said in a news release. "Both have proven track records of working successfully across the firm, and both truly possess the capabilities, character and intellect that exemplify great leadership."

Pinto has spent his 35-year career in investment banking with JPMorgan Chase where he started as trader. 

Smith joined JPMorgan Chase in 2007 and previously served as president for American Express' Global Commercial Card. 

"Having Daniel Pinto, head of the world’s largest and most successful Corporate & Investment Bank, and Gordon Smith, CEO of America’s top consumer financial company, serve as co-presidents and co-COOs of our company, demonstrates the strength of our management team and formally recognizes the critically important roles they play," Dimon said.