Apex-owned European Depositary Bank has appointed Robert Steele and Jean-François Thils to its executive management board. They join EDB CEO David Claus and managing director Holger Barth as members of the bank’s executive management board. David Rhydderch, previously a member of the board, is stepping down and becoming a member of the board of directors…
Category: J.P. Morgan
Ocorian hires from SS&C
Ocorian, the C.I.-based administrator, has appointed Chris Bickley as business development director (funds). Based in London, he will cover all asset classes in private markets, with a particular focus on renewables and unlisted real estate. He joins from SS&C Technologies where he was a business development manager for private markets, covering private equity, real estate,…
Another defection from BBH
Sid Patel has left BBH to join J.P. Morgan as an executive director, based in Boston. He spent nearly 12 years at BBH in Boston and London, most recently as a sales & relationship manager.
Coremont hires CTO
Coremont, a UK-based provider of front-to-back portfolio management support for hedge funds and institutional asset managers, has appointed Balaji Krishnamurthy as chief technology officer, based in the U.S. He joins from JPMorgan Chase, where he oversaw middle office and post-trade technology, based in New York. This follows the recent appointments of Akbar Sheriff as global…
HQLAx pioneers cross-DLT repo trade
HQLAᵡ, J.P. Morgan, Ownera and Wematch have successfully tested the technical feasibility of executing a DvP repo transaction across two different DLT platforms at HQLAᵡ and J.P. Morgan. The test showed how rights to securities, recorded in digital collateral records (DCRs) on the HQLAᵡ ledger, and digital cash, recorded at J.P. Morgan, could be recorded…
Paradise for J.P. Morgan
Johnny Paradise has joined J.P. Morgan as a VP, securities services sales, asset manager sector, Europe. He is based in Dublin. He previously spent five years at HSBC in the securities services business.
Aviva outsources to BNY Mellon
Aviva Investors, the global asset management business of Aviva plc, has appointed BNY Mellon to provide a fully integrated operating model for certain front-office support services, as well as middle- and back-office activities. BNY Mellon will provide a comprehensive solution which encompasses asset services including custody, fund administration and depositary, as well as more advanced…
J.P. Morgan promotes Michelle Butler
Following the appointment of Dennis Burgers as co-head of EMEA sales for J.P. Morgan’s investor services business, Michelle Butler has been confirmed as the other co-head. Butler was previously head of sales for UK & Ireland, having joined from HSBC at the beginning of 2022. This follows the recent hiring of BNY Mellon’s Ileana Sodani…
J.P. Morgan appoints co-head of EMEA sales
Dennis Burgers has been appointed co-head of EMEA sales for J.P. Morgan’s investor services business. He was previously head of sales for the Benelux region. He is based in the Netherlands.
Gen II hires from JPMAM
Sarah Dygulski has joined Gen II Fund Services as head of transformation and business management, based in the U.S. She was previously at J.P. Morgan Asset Management. Gen II has c. USD900bn of private capital assets under administration.