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JPMorgan makes senior management changes

NEW YORK — JPMorgan Chase is shuffling the positions of three executives — including the naming of a new chief financial officer.

Doug Braunstein is taking over as CFO. He was previously head of the bank’s investment banking division in the Americas.

Braunstein is replacing Michael Cavanagh as CFO. Cavanagh will now serve as JPMorgan Chase & Co.’s head of treasury and securities services. Cavanagh had been CFO since 2004.

Heidi Miller, who was head of treasury and security services, is now the president of international operations. Miller’s position is a new one for the New York-based bank, which is looking to expand overseas.

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