JPMorgan hired another ex-PayPal exec working on agentic AI in Singapore

JPMorgan has a thing for people from PayPal. It hired PayPal's CTO, Sri Shivananda for a brief run as its global tech chief and has now hired the ex-CTO of PayPal subsidiary, Venmo. The new hire's recent work suggests he might not be working in payments, however.

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Dhanhush Hetti has joined JPMorgan as a managing director in the bank's Tampa, Florida office. Hetti spent the last six years in Singapore, with telecom technology startup Circles. He spent five years there as CTO then, in his last year at the firm, he stepped down to work exclusively on "generative agentic AI product development."

Before that, Hetti spent a decade working as a CTO across multiple payments firms. He was part of the founding team of "white label wallet platform" Paydiant in 2009, which was acquired by PayPal in 2015. He was later made CTO of Venmo from 2017 to 2019; in that time, Venmo roughly doubled its revenue and tripled its payment volumes.

It's not clear what Hetti will work on at JPMorgan. Perhaps he'll keep working on agentic AI within its payments division, where Shivanandia is now chief information officer and manages a team of ~8,000. Job listings for JPMorgan's Tampa office show openings in both payments technology and applied AI; he may work across both divisions.

Hetti isn't the only recent MD hire to be working in AI. Cesar Torres, an MD and partner at Boston Consulting Group, joined the bank in Boston last month as its head of AI strategy and transformation for firmwide operations. 

JPMorgan did not respond to a request for comment.

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