Among the first major artworks purchased to enhance the interior of the new headquarter building in Lower Manhattan, built in 1959, were paintings by Japanese artists Kumi Sugai and Kenzo Okada. David Rockefeller, who founded the firm’s art program, often selected pieces during his numerous trips to the continent and took great personal satisfaction in exploring contemporary Asian art. His parents were passionate collectors of Asian art; in fact, his father‘s “pride and joy” was his comprehensive collection of Chinese porcelains, having acquired a significant portion of J.P. Morgan’s vast collection in 1913.
There are several contemporary artists whose work in the corporate Art Collection merits special attention. Korean artist Nam June Paik, considered the founder of video art, was commissioned in 1992 to create The Chase Video Matrix, a site-specific installation of 400+ television sets activated by live and programmed videos, at 4 Brooklyn Corporate Center. Chinese sculptor Zhang Jianjun’s Sumi Ink Rock, 2002, graces the Hong Kong Client Center along with several works on paper by Zao Wou-kI, and two major paintings by Jiro Yoshihara, co-founder of the avant-garde Gutai movement in Osaka, can be viewed in the firm’s Tokyo office.
Recent additions to the Art Collection continue to demonstrate the innovation and diversity of creative practice expressed by Asian artists. Unique photography by Korean artist Jungjin Lee; hand-cut paper works embellished with delicate paintings by Filipino artist Jasmin Sian; and functional wood and metal furniture by Jin Bae Jung are among the exciting new artworks to find a home at JPMorgan Chase & Co.