JPMorgan Chase JPM.N Chief Executive Jamie Dimon will not be invited to be part of Donald Trump’s administration, the US president-elect said on social media on Thursday.

I have a lot of respect for JPMorgan Chase’s Jamie Dimon, but he won’t be invited to join the Trump administrationTrump said in his post.

Reuters reported last week that Dimon will remain at the bank and does not plan to join the Trump administration, having previously been the subject of speculation as a candidate for Treasury secretary in the run-up to the Nov. 5 election.

Trump has yet to announce his choice for Treasury secretary. Billionaire banker Howard Latnick and investor Scott Besant are the leading candidates for the role, sources told Reuters.

Dimon, who is one of America’s preeminent corporate leaders, has led JPMorgan for nearly 19 years.

Dimon and other members of the bank’s operating committee congratulated Trump and other elected officials, according to a memo to staff last week seen by Reuters.

The CEO travels frequently to Washington to speak with policymakers and has expressed views on everything from housing and the US-China relationship to the economy. He continued his tradition of not endorsing any presidential candidate this year.