Chuka Umunna, the former shadow business secretary, has been hired by the US investment bank JP Morgan to oversee its European sustainability advisory work.Umunna, who was an MP for almost a decade
City salary critic Chuka Umunna stays silent on JP Morgan wage
The former lawyer and banker fought against reckless remuneration at banks during his time as a Labour MP
10 February 2021 • 12:16pm
Former Labour MP Chuka Umunna has shrugged off his record of fighting against “reckless” City pay to join JP Morgan, America’s biggest bank.
The ex-shadow business secretary will lead the Wall Street titan s environmental, social and governance (ESG) efforts, staff were told on Wednesday, leaving a similar position at PR firm Edelman to take up the newly created role.
Mr Umunna and JP Morgan both declined to comment on the size of his salary, despite a 2010
Subscription Notification
We have noticed that there is an issue with your subscription billing details. Please update your billing details here
Please update your billing information
The subscription details associated with this account need to be updated. Please update your billing details here to continue enjoying your subscription.
Your subscription will end shortly
Please update your billing details here to continue enjoying your access to the most informative and considered journalism in the UK.