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Former JPMorgan exec Dennis Bassett to oversee Indiana’s banks

Indiana SealLate last month, Indiana Governor Mike Pence named former JPMorgan Chase Indiana Chairman Dennis Bassett as head of the state’s Department of Financial Institutions.

Bassett, who retired from his position at JPMorgan last year, has held a number of leadership roles at several financial institutions in the Midwest, including Bank One, Huntington Bank and First Chicago NBD.

In his position as director, Bassett will be responsible for the administration of policies set by the department and applicable legislative actions.

He is a member of the Butler University Board of Trustees, Indiana State Chamber of Commerce and Central Indiana Corporate Partnership. He also heads the Greater Indianapolis Progress Committee, Indiana Sports Corp., Indianapolis Symphony Orchestra, the Center for Leadership Development and the Arts Council of Indianapolis.

“With four decades of experience managing financial institutions, Dennis Bassett’s breadth and depth of knowledge is incomparable,” Pence said. “His experience will be invaluable to the administration, and I’m confident he will serve Hoosiers with the highest integrity as director of the Department of Financial Institutions.

Bassett earned his bachelor’s degree from Eastern Illinois University, and he holds a master’s degree from Butler University. He is also a graduate of Rutgers University’s Stonier Graduate School of Banking.

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