Jing Ulrich is a Managing Director and Vice Chairman of Investment Banking at JPMorgan Chase & Co., where she advises leadership teams on the decisions that define multi-year outcomes: capital formation, cross-border transactions, strategic pivots, and high-stakes stakeholder moments.
Her board work operates in the same territory. Since 2019, she has served on the Supervisory Board of adidas AG, navigating one of Europe’s most scrutinized governance environments.
She is also a Board Director of Swarovski International Holding AG and serves on the Advisory Committee of Rolls-Royce Motor Cars. These roles reflect her focus on global consumer brands, cross-border dynamics, and shifting growth engines.
What She Brings to the Boardroom
Ulrich’s value is not simply deal experience. It’s decision architecture under uncertainty. She bridges East-West perspectives and brings a macro lens to board-level tradeoffs without losing sight of execution, capital discipline, and reputation management.
Boards today rarely face binary choices. They need directors who can evaluate scenarios, understand capital market implications, and anticipate second-order effects across regulators, customers, supply chains, and investors. Ulrich’s advisory work and governance footprint match that reality, especially for globally exposed businesses navigating concentration risk and rebalancing regional dependencies.
Core Competencies
Capital markets and strategic finance
Her career is rooted in advising on capital raising, strategic transactions, and value creation. In governance settings, that translates into sharper debates on balance sheet strategy, investor narrative, and sequencing when companies need both resilience and growth.
Cross-border strategy and geopolitical literacy
With deep engagement across Asia’s leading enterprises, she supports boards managing regional exposure, regulatory scrutiny, and supply chain dependencies in a world where geopolitical risk is no longer cyclical noise but a persistent feature.
Global brand and consumer insight
Through adidas governance and luxury brand advisory roles, she brings perspective on global consumer demand, brand stewardship, and the operational realities of serving diverse markets with different cultural and regulatory constraints.
Stakeholder confidence and credibility
Her participation in global forums (including the International Chamber of Commerce G20 CEO Advisory Group) positions her to contribute when external trust, public scrutiny, and government relations materially affect business outcomes.
Background
Ulrich holds degrees from Harvard University and Stanford University. Before joining JPMorgan in 2005, she held senior roles at Deutsche Bank and CLSA, building a foundation in global markets and Asia-Pacific dealmaking. She has held multiple senior mandates at JPMorgan spanning client advisory and regional leadership across more than two decades.
Connect with Jing Ulrich on LinkedIn HERE
Directors in Focus
Directors in Focus highlights the board members who shape strategy, navigate complexity, and drive governance excellence across industries. Each profile examines the competencies, decisions, and perspectives that define effective board leadership in an era of heightened scrutiny and global volatility.
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