Jing Ulrich Explained

Jing Ulrich
Birth Place:Beijing, China, 1967 (55 years)
Nationality:American
Known For:Ranked one of Fortune Magazine's 50 Most Powerful Global Businesswoman
Education:Harvard University, (A.B.)
Stanford University, (M.A.)

Jing Ulrich, née Li (李晶), is Managing Director and the Vice Chairman of Investment Banking at JPMorgan Chase.[1] [2]

Various publications have listed her among the world's most powerful women. For example, in 2021, for the seventh consecutive year, Forbes China ranked Ulrich among the country's top businesswomen.[3] In October 2013, Fortune magazine for the fourth time, ranked Ulrich among the top 50 most powerful global businesswomen.[4] Likewise, in October 2013, the South China Morning Post featured Ulrich as one of Hong Kong's 25 most inspirational and influential women.[5] In 2016, she received the inaugural Asian Women Leadership Award from China Daily and Asia News Network.[6]

Education

In 1990, Ulrich received a bachelor's degree with honors in English and American Literature from Harvard University and in 1992 a master's degree in East Asian Studies from Stanford University.[7]

Career

Early career

From 1994 to 1996, Ulrich worked as a fund manager for Greater China at Emerging Markets Management in Washington, D.C., and before that as an equity analyst at Bankers Finance Investment.

In his 1990 autobiography, To Life: The Story of a Chicago Lawyer, the jurist Elmer Gertz, a protégé of Clarence Darrow and defender of human rights, devoted several pages to Ulrich, whom he had met when she was still a teenager.

Deutsche Bank

From 2003 to 2005, Ulrich was managing director of Greater China equities at Deutsche Bank.[8] Before joining Deutsche Bank, Ulrich spent seven years at CLSA Asia-Pacific Markets, where she led the top-ranked team covering the China market.[9]

J.P. Morgan

Ulrich is currently vice chairman of investment banking at JPMorgan, which she joined in 2005 as a managing director. Since May 2022, she has been based in New York. She provides strategic advice to the firm’s senior global clients across various sectors, including capital raising and other investment-banking services for transformative companies in the technology, industrial, healthcare, and consumer markets. Educated at Harvard and Stanford universities, and an expert on China, Ulrich helps foster greater East-West collaboration while building relationships with executives of leading enterprises, private equity, and sovereign wealth funds from North America, Asia Pacific, and Europe.

Ulrich created and ran J.P.Morgan's "Hands-on China" series of expert speakers, and she hosted hundreds of corporate CEOs, industry experts, and thought leaders at seminars and meetings worldwide.[10] [11] Each year she organized a China-investment summit that brought together, from forty countries, over two thousand fund managers, corporate executives, and outside experts to discuss opportunities for investing in China. Conferences run by Ulrich included keynote speeches by former officials such as Chinese Premier Zhu Rongji, U.S. President Bill Clinton, Secretary of State Henry Kissinger, and U.K. Prime Minister Tony Blair.[12]

As an advisor to the world’s largest asset-management companies, sovereign-wealth and pension funds, Ulrich’s views influence the allocation of trillions of dollars in assets.[13] She also serves as an advisor to Chinese institutions making investments overseas.

Print and TV media have often interviewed Ulrich for her views on China. Before returning to the U.S. to focus on investment banking, she was a frequent guest of Maria Bartiromo on CNBC's Closing Bell investor news program. She also appeared on the PBS Nightly Business Report. In Asia she regularly spoke on Bloomberg Television. Ulrich’s views, interviews, and columns have often appeared in publications such as The Financial Times, The New York Times, and The Wall Street Journal.

Board and advisory roles

In May 2019, the annual general meeting of shareholders for adidas AG[14] elected Ulrich as a member of the adidas supervisory board. In 2017, the German multinational firm Bosch appointed Ulrich to its international advisory board. Ulrich also joined the International Chamber of Commerce G20 CEO Advisory Group,[15] which is the main forum for guiding business input into the G20 process. In addition, Ulrich serves on the Strategy Advisory Board of private equity firm L. Catterton and the China Advisory Panel of real-estate company CapitaLand. In 2016, besides her duties at JPMorgan, Ulrich was appointed to the trade-and-investment task force of the B20 / G20 member states,[16] and in 2014 to the Asia Pacific Economic Cooperation (APEC) China Business Council Multinational Advisory Committee.[17] [18] Moreover, Ulrich has served as an independent director on the board of GlaxoSmithKline,[19] a global healthcare company, on the board of Italian luxury-goods firm, Ermenegildo Zegna.[20] and on the International Advisory Council of Bocconi University[21] in Italy.

Accolades

In October 2006, the South China Morning Post and the American Chamber of Commerce in Hong Kong had chosen Ulrich as Hong Kong's Young Achiever of the Year[22] from among several hundred nominees.

An annual poll of institutional investors, published in June 2007, ranked Ulrich as head of the top China team worldwide – a title she held five times, according to Institutional Investor magazine in June 2007, which put a photo of Ulrich on the cover of its international edition of that issue.[23] Until she moved into a more senior role, global investors in independent research polls of other publications such as Asiamoney magazine[24] repeatedly chose her as the best China strategist.

In 2009 publications of "商务周刊" (China's "Business Watch Magazine") and "China Entrepreneur" have listed Ulrich among the country's top female business elite,[25] and in May 2009, the Chinese journal "当代经理人" ("Contemporary Manager") named her one of the top ten business leaders in China.[26] In April 2010, "China International Business Magazine" put Ulrich on its cover for her role linking global investors to opportunities in China,[27] and in August 2010 Vogue China featured her as one of 15 globally influential Asian women.[28]

In 2010 and 2011[29] [30] Fortune magazine named Jing Ulrich as one of the 50 most powerful global business women,[31] while the October 2010[32] and August 2008 editions of Forbes magazine put Ulrich on Forbes's list of the 100 most powerful women in the world.,[33] with the more recent Forbes publication also including her among the world's "20 youngest power women".[34] In 2011 and 2012, FinanceAsia named Ulrich one of the top 20 women in finance and top 30 bankers in China. In March 2012 and 2013, Forbes magazine named her one of Asia's top 50 powerful businesswomen.[35] [36]

As of 2012 the South China Morning Post, China Daily, and others have referred to Ulrich as the "Oprah Winfrey of the investment world".[37]

Personal

Ulrich is a U.S. citizen and bilingual in Mandarin and English.

External links

Notes and References

  1. News: To get rich is glorious and risky . William Mellor and Allen T. Cheng, Bloomberg News . . 23 May 2006 .
  2. Web site: One On One With Jing Ulrich, Chairman of Chinese Equities at J.P. Morgan . Susie Gharib . Nightly Business Report transcripts . 21 June 2006 . 1 September 2017 . 8 July 2010 . https://web.archive.org/web/20100708200521/http://www.pbs.org/nbr/site/onair/transcripts/060621f/ . dead .
  3. News: 福布斯中国发布2019中国最杰出商界女性榜,她们最有影响力 . Forbes China website . 22 January 2019 .
  4. News: 50 Most Powerful Women in Business: Global #40 Jing Ulrich . Fortune website . 10 October 2013 .
  5. Web site: Women and men need to be prepared for hard work, says China expert Jing Ulrich . Mukul Munish . South China Morning Post website. . 9 October 2013 .
  6. News: Confidence, ambition 'key to leadership roles' . China Daily Asia website . 22 January 2016 . 22 August 2016 . https://web.archive.org/web/20160603043326/http://www.chinadailyasia.com/2016-01/22/content_15376639.html . 3 June 2016 . dead .
  7. Web site: Shanghai International Studies University . 20 November 2010 . SISU MBA Students Attend Boss Town Recording Show . Shanghai International Studies University MBA website..
  8. Web site: Deutsche Bank appoints Head of Equity Research for Greater China . Press Release . Deutsche Bank website. . 7 April 2003 . dead . https://web.archive.org/web/20070505023407/http://www.db.com/presse/en/content/press_releases_2003_2262.htm?month=9 . 5 May 2007 .
  9. Web site: CLSA Global Emerging Markets: First Team - China . Institutional Investor website . dead . https://web.archive.org/web/20070928055415/http://old.institutionalinvestor.com/includes/rankings/show.asp?searchtype=A&iyear=2000&teamID=3&id=1254 . 2007-09-28 .
  10. Web site: (Example) Hands on China Series: Views you can use . www.eempc.org.
  11. Web site: A Conversation with Jing Ulrich . Hong Kong Tatler website.
  12. Web site: Press Release . 15 September 2003 . CLSA Holds Milestone 10th Investors' Forum . dead . https://web.archive.org/web/20070930044049/https://www.clsa.com/public/forums/press/swf/20030915_CF03.swf . 30 September 2007 . CLSA website..
  13. Web site: 4 August 2011 . The Top 20 Women in Finance . FinanceAsia Magazine.
  14. Web site: The Supervisory Board of adidas AG . Web Page . adidas AG website. . 9 May 2019 .
  15. Web site: 2017 . B20 Task Force . G20 CEO Advisory Group website..
  16. Web site: 2016 . B20 Task Force . B20 Task Force website..
  17. Web site: 1 May 2014 . APEC China Business Council . APEC China Business Council website..
  18. Web site: 1 August 2014 . World Economic Forum, Jing Ulrich . World Economic Forum website..
  19. Web site: GlaxoSmithKline plc appoints two Non-Executive Directors to its Board . Press Release . GSK website. . 3 May 2012 . 3 May 2012 . https://web.archive.org/web/20120506000820/http://www.gsk.com/media/pressreleases/2012/2012-pressrelease-1073681.htm . 6 May 2012 . dead .
  20. Web site: Ermenegildo Zegna has sights set on Africa . Dominique Muret . MOLuxury website. . 27 April 2012 . dead . https://web.archive.org/web/20120503221521/http://www.moluxury.com.au/themodown/?p=3799 . 2012-05-03 .
  21. Web site: 31 July 2014 . Bocconi International Advisory Council . Bocconi website..
  22. Web site: 15 June 2007 . The Six Megatrends Shaping China: Jing Ulrich, Managing Director and Chairman, China Equities, JPMorgan . American Chamber of Commerce in Hong Kong.
  23. Web site: 13 June 2007 . Magazine cover . Institutional Investor magazine.
  24. Web site: Asiamoney site search, 4 articles shown . Asiamoney magazine.
  25. Web site: 张娅 . 22 April 2009 . "她时代"商业女杰:李晶-摩根大通 . 商务周刊 website..
  26. Web site: Enterprising China Summit . 30 May 2009 . 2009年中国十大创业领袖 . 当代经理人 website..
  27. Web site: Bradley Gardner . 12 April 2010 . Jing Ulrich: JPMorgan's Ambassador to China . dead . https://web.archive.org/web/20100625233058/http://www.cibmagazine.com.cn/Features/Face_To_Face.asp?id=1273&jing_ulrich.html . 25 June 2010 . 18 April 2010 . China International Business website..
  28. News: Hana Alberts . 16 August 2010 . Vogue China Profiles J.P. Morgan Managing Director . Forbes website. . dead . https://web.archive.org/web/20100818170312/http://blogs.forbes.com/hanaalberts/2010/08/16/vogue-china-profiles-j-p-morgan-managing-director/ . August 18, 2010.
  29. News: 29 September 2011 . 50 Most Powerful Women in Business: Global #46 Jing Ulrich . Fortune website .
  30. News: 29 September 2010 . 50 Most Powerful Women in Business: International #47 Jing Ulrich . Fortune website. .
  31. News: Jessica Shambora . 28 September 2009 . 50 Most Powerful Women in Business: International #49 Jing Ulrich . Fortune website. .
  32. News: Mary Ellen Egan . 6 October 2010 . The 100 Most Powerful Women: #81 Jing Ulrich . Forbes website. .
  33. News: Kate Macmillan . 27 August 2008 . The 100 Most Powerful Women: #95 Jing Ulrich . Forbes website . dead . https://web.archive.org/web/20080831124836/http://www.forbes.com/lists/2008/11/biz_powerwomen08_Jing-Ulrich_WQB0.html . August 31, 2008.
  34. News: Mary Ellen Egan . 6 October 2010 . The 20 Youngest Power Women: Jing Ulrich, 43 . Forbes website. .
  35. News: 4 March 2013 . Forbes Asia's 50 Women In the Mix . Forbes website . dead . https://web.archive.org/web/20130305062827/http://www.forbes.com/pictures/fdgk45ehfi/jing-ulrich/ . March 5, 2013.
  36. News: 29 February 2012 . Forbes Asia unveils list of top 50 women business leaders in Asia Pacific . Forbes website .
  37. Web site: Frank Holmes . 2 April 2012 . 3 Trends To Watch For Global Investors . Seeking Alpha website..