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JPMorgan names Mellody Hobson to board

March 20 (Reuters) - JPMorgan & Chase Co has appointed Mellody Hobson, the president of a Chicago-based investment firm, to its board of directors, the Wall Street bank said https://www.jpmorganchase.com/corporate/investor-relations/pr/mellody-hobson-032 0 1 8 . h t m on Tuesday.

Crandall Bowles will retire from the board and will not stand for re-election.

Hobson also serves on the boards of Starbucks and Estee Lauder Companies. (Reporting by Parikshit Mishra in Bengaluru)