Jing Ulrich


Jing Ulrich, née Li, is the managing director and vice chairman of global banking and Asia Pacific at JPMorgan Chase. Ulrich is one of the most prominent advisors to the largest global asset-management companies, sovereign-wealth funds, and multinational corporations. She is in charge of covering JPMorgan Chase's most senior global clients across all asset classes and strengthening relationships with executives in Asia Pacific and the rest of the world. In recent years, various publications have listed her among the world's most powerful women. For example, in 2019, for the fifth consecutive year, Forbes China ranked Ulrich among the country's top businesswomen. In October 2013, Fortune magazine for the fourth time, ranked Ulrich among the top 50 most powerful global businesswomen. Likewise, in October 2013, the South China Morning Post featured Ulrich as one of Hong Kong's 25 most inspirational and influential women, who have made a difference to society. In 2016, she received the inaugural Asian Women Leadership Award from China Daily and Asia News Network.
Ulrich also created and runs JPMorgan's "Hands-on China" series of expert speakers, which has become a leading platform of views on all aspects of China’s development, and she has hosted hundreds of corporate CEOs, industry experts, and thought leaders at seminars and meetings worldwide. Each year she organizes a China-investment summit that brings together, from forty countries, over two thousand fund managers, corporate executives, and outside experts to discuss opportunities for investing in China. Previous conferences run by Ulrich have 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.

Career

Early career

In 1990, she 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. 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. Her drive and talent, even at that age, prompted him to predict she would one day become a leader of China.

Deutsche Bank

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

Later career

Ulrich is currently vice chairman of global banking and Asia Pacific at JPMorgan, which she joined in 2005 as a managing director.
In the last four years, Fortune magazine named Jing Ulrich as one of the 50 most powerful global business women, while the October 2010 and August 2008 editions of Forbes magazine put Ulrich on Forbes's list of the 100 most powerful women in the world., with the more recent Forbes publication also including her among the world's "20 youngest power women". 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.
For the past three years, publications of "商务周刊" and "China Entrepreneur" have listed Ulrich among the country's top female business elite, and in May 2009, the Chinese journal "当代经理人" named her one of the top ten business leaders in China. In April 2010, "China International Business Magazine" put Ulrich on its cover for her role linking global investors to opportunities in China, and in August 2010 Vogue China featured her as one of 15 globally influential Asian women. Earlier, 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 from among several hundred nominees.
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. She also serves as an advisor to Chinese institutions making investments overseas.
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. During the past twelve years, Ulrich has achieved recognition as the industry’s most respected China watcher. Until she moved into a more senior role, global investors in independent research polls of other publications such as Asiamoney magazine repeatedly chose her as the best China strategist.
Print and TV media often interview Ulrich for her views on China. When traveling to the U.S. she is a frequent guest of Maria Bartiromo on CNBC's Closing Bell investor news program. She has also appeared on the PBS Nightly Business Report. In Asia she regularly speaks on Bloomberg Television. Ulrich’s views, interviews, and columns often appear in publications such as The Financial Times, The New York Times, and The Wall Street Journal. In recent years, the South China Morning Post, China Daily, and others have referred to Ulrich as the "Oprah Winfrey of the investment world".

Board and advisory roles

In May 2019, the annual general meeting of shareholders for adidas AG 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, 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 on 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, and in 2014 to the Asia Pacific Economic Cooperation China Business Council Multinational Advisory Committee. Moreover, Ulrich has served as an independent director on the board of GlaxoSmithKline, a global healthcare company, on the board of Italian luxury-goods firm, Ermenegildo Zegna. and on the International Advisory Council of Bocconi University in Italy.

Personal

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