Executive Profile

Jacob A. Frenkel Ph.D. Vice Chairman and Chairman of JPMorgan Chase International, JPMorgan Chase & Co.

Age	Total Calculated Compensation	This person is connected to 13 Board Members in 13 different organizations across 16 different industries. See Board Relationships
69	--

Background

Dr. Jacob A. Frenkel, Ph.D., serves as the Chairman and Chief Executive Officer of the Group of Thirty. Dr. Frenkel serves as the President and Chairman of the Board of Council on Foreign Relations Inc. He served as the President at Merrill Lynch International. Dr. Frenkel served as a Senior Vice President of BofA Merrill Lynch (also known as Merrill Lynch & Co. Inc)., since January 2000. He served as a Governor of Bank of Israel from 1991 to 2000. During his tenure ... as Governor, Dr. Frenkel led the liberalization of the Israeli financial system, removed foreign exchange controls, and reduced Israel's inflation rate to a level prevailing in the major industrial countries. He served from 1987 to 1991 as the Economic Counselor and Director of Research at the International Monetary Fund. Dr. Frenkel has credited with reducing inflation in Israel to levels prevailing in advanced economies, with liberalizing Israel's financial markets and with removing foreign exchange controls. From 1973 to 1987, Dr. Frenkel served as faculty of the University of Chicago, where he served as the David Rockefeller Professor of International Economics and as the Editor of the Journal of Political Economy. In 1994, he was named the Weisfeld Professor of Economics of Peace and International Relations at Tel Aviv University. Dr. Frenkel serves as the Chairman of J.P. Morgan Chase International Financing Limited of JPMorgan Chase & Co. He serves as a Member of Advisory Board of IJ Partners and Corsair Capital LLC. Dr. Frenkel has been a Director at Boston Properties Inc. since February 4, 2010. He serves as a Member of International Advisory Board of Council on Foreign Relations Inc. Dr. Frenkel serves as a Member of Advisory Board of Sustainable Forestry Management Ltd. He has been a Member of the Advisory Board of Brainstorm Cell Therapeutics Inc. since August 7, 2007. Dr. Frenkel serves as a Member of Board of Advisors of Miller Buckfire & Co., LLC. He serves as a Director of Union Bancaire Privee, CBI-TDB. Dr. Frenkel has been a Director at Loews Corporation since November 2009. He has been a Fellow of the Econometric Society, a Member of the Board of Directors of the National Bureau of Economic Research (NBER), the Japan Society, the Peterson Institute for International Economics, the Aspen Institute Italia, and a Member of the Board of The Council for the United States and Italy. Dr. Frenkel has been a Member of the Board of Directors of the Institute for International Economics (IIE), a Member of the International Board of Governors, the Peres Center for Peace, Israel, and an Honorary President of the Israel Association of Graduates in the Social Sciences and Humanities. He served as the Chairman of Global Economic Strategies Group. Dr. Frenkel served as the Chairman of the Board of Lumenis Ltd. until November 2006. He served as the Chairman at Merrill Lynch International Inc. from 2000 to 2004 and Chairman of Merrill Lynch's Sovereign Advisory Group and Global Financial Institutions Group. From 1995 to 1996, Dr. Frenkel served as the Chairman of the Board of Governors of the Inter-American Bank. He served as a Vice Chairman of American International Group Inc. from May 3, 2004 to 2009. From 1999 to 2000, Dr. Frenkel served as the Vice-Chairman of the Board of Governors of the European Bank of Reconstruction and Development. He served as Vice Chairman of Global Economic Strategies Group of American International Group Inc. (AIG) since 2004. Dr. Frenkel served as Member of Advisory Board of GridPoint, Inc. He served as Member of International Advisory Board of Itaú Unibanco Holding S.A. Dr. Frenkel served as a Director of Lumenis Ltd., since January 25, 2000. He served as a Director of Carolina Group since 2009. Dr. Frenkel served as a Non-Executive Director at Emblaze Ltd. from May 2000 to June 9, 2003. He served as the Chairman of the Board of Governors of the Inter-American Development Bank (IADB). Dr. Frenkel has a Laureate of the 2002 Israel Prize in Economics, a recipient of the Scopus Award from the Hebrew University, the Hugo Ramniceanu Prize for Economics from the Tel-Aviv University, the Czech Karel Englis Prize in Economics, the “Order de Mayo al Merito” (in the rank of Gran Cruz) decoration from the Government of Argentina and the “Order of Merit” (in the rank of Cavaliere di Gran Croce) decoration from the Republic of Italy. He is also a recipient of several Honorary Doctoral degrees and other decorations and awards, including the “1993 Economic Policy Award” by “Emerging Markets” and the “1997 Central Banker of the Year Award” by “Euromoney”. Dr. Frenkel is the author of numerous books and articles in the fields of International Economics and Macro-Economics. He holds an M.A. and a Ph.D. in Economics from the University of Chicago, and a B.A. in Economics and Political Science from the Hebrew University of Jerusalem.

Corporate Headquarters -- --, -- -- United States Phone: -- Fax: -- Board Members Memberships Former Director Union Bancaire Privée, UBP SA Director Carolina Group Chairman J.P. Morgan Chase International Financing Limited Chairman and Chief Executive Officer The Group of Thirty 2000-N/A Former Director, Chairman of Executive Committee and Member of Compensation Committee Lumenis Ltd. 2000-N/A Former Non-Executive Director Emblaze Ltd. 2009-Present Director Loews Corporation 2010-Present Director and Member of Compensation Committee Boston Properties Inc. Education MA The University of Chicago PhD The University of Chicago BA Hebrew University of Jerusalem Other Affiliations Merrill Lynch & Co., Inc. American International Group, Inc. Loews Corporation Lumenis Ltd. The University of Chicago Boston Properties Inc. Emblaze Ltd. Corsair Capital LLC Itau Unibanco Holding S.A. Union Bancaire Privée, UBP SA Carolina Group Miller Buckfire & Co., LLC Council on Foreign Relations, Inc. Hebrew University of Jerusalem Merrill Lynch International Brainstorm Cell Therapeutics Inc. Shamrock Israel Growth Fund, L.P. GridPoint, Inc. Sustainable Forestry Management Ltd. J.P. Morgan Chase International Financing Limited The Group of Thirty IJ Partners Shamrock Israel Growth Fund II, L.P.

Annual Compensation There is no Annual Compensation data available. Stocks Options There is no Stock Options data available. Total Compensation There is no Total Compensation data available.

COMPETITOR COMPENSATION

Name	Position/ Company	Compensation
Brian T. Moynihan	Chief Executive Officer, President, Director and Member of Executive Committee Bank of America Corporation	$950.0K
John G. Stumpf	Chairman, Chief Executive Officer and President Wells Fargo & Company	$2.8M
Gulliver Stuart Thomson	Chairman of Group Management Board, Group Chief Executive Officer and Executive Director HSBC Holdings plc	$7.7M
Michael L. Corbat	Chief Executive Officer and Director Citigroup, Inc.	$3.1M
Kaisheng Yang	Vice Chairman, President, Member of Nomination Committee, Member of Compensation Committee and Member of Strategy Committee Industrial and Commercial Bank of China Limited	$812.0K
Compensation as of Fiscal Year 2012.