Umar Farooq is the CEO of Onyx by J.P. Morgan. He was the Global Head of Digital Wholesale Payments as well as Head of Blockchain in favor of the Corporate and Investment Bank (CIB). Umar graduated from the Massachusetts Institute of Technology, earning a Bachelor’s degree in Computer Science and Economics, also a Master’s degree in Computer Engineering. He accomplished his JD from Yale Law School. He encourages new businesses to enhance their business strategy and provides support to achieve their goals and objectives.
Additionally, he also served as the Head of CIB Fintech and the CFO executive for financial oversight and business management of all the technology, operations, and controls. Umar was involved in J.P. Morgan's pursuit in 2009. Before this, he was the Chief Sales Officer at CIT Group, where he directed revenue growth over the middle market and specifically, lending businesses universally. He created, along with his highly skilled team, Onyx by J.P.Morgan to create industry-leading creative products operating with their peers.