JPMorgan Chase has named several senior leaders with backgrounds from U.S. government programs to accelerate its ambitious Security & Resiliency Initiative (SRI), according to an internal memo reported by Reuters on February 20, 2026.
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The 10-year, $1.5 trillion SRI, launched in October 2025, focuses on financing and investing in sectors vital to national security and economic resilience.
Key Appointments Bring Government Expertise Kevin Quinn, formerly with the U.S. Department of Commerce’s CHIPS Program Office, now leads SRI efforts in frontier and strategic technologies, including semiconductors and AI.
Trevor Burns heads defense and aerospace for the initiative.
Sara O’Rourke oversees SRI Solutions, a cross-functional team tackling supply chain vulnerabilities in manufacturing and high-tech industries; she previously served as an investment director at the CHIPS Investment Office.
Additional moves include Shannon Wu and Kelly Wolfe supporting SRI banking and operations, while Caroline Sambuco joins as vice president in SRI Solutions with prior CHIPS experience.
These hires reflect JPMorgan’s strategy to leverage specialized knowledge from CHIPS Act-related roles and defense sectors.
Broad Focus on Critical Industries The SRI aims to facilitate massive financing across semiconductors, defense, energy, artificial intelligence, critical infrastructure, and related areas amid rising geopolitical concerns.
It includes an initial $10 billion in direct equity and venture capital investments in U.S.-based companies to boost growth, innovation, and strategic manufacturing.
The bank positions the effort as a response to U.S. dependencies on foreign supply chains for essential materials and technologies.
No new funding commitments were announced in the memo, but the appointments signal intensified execution of the long-term plan.
This development highlights growing private-sector involvement in bolstering national security priorities, aligning with broader government pushes like the CHIPS Act.