Chad Schaller will lead JPMorgan Chase’s commercial banking operation as the first Iowa executive director for middle market banking, according to a release. In this new role, Schaller will lead a team of bankers to serve local midsize companies on their banking and financial needs, including cash management, credit and financing, and international banking. The company currently serves clients in Iowa through neighboring offices. Schaller will be based in Des Moines to provide in-state coverage and will expand his team with local talent. He will also partner with other lines of businesses to bring the firm’s full capabilities to clients as their needs evolve, including investment banking, private banking, and asset and wealth management. Schaller was formerly with CIBC USA. He has more than 20 years of experience in commercial banking and wealth management. He is a graduate of the University of Northern Iowa.