J.P. Morgan announced yesterday that Jeff Urwin, head of global investment banking coverage, capital markets and mergers and acquisitions, will relocate from New York to become the bank’s Asia-Pacific chief executive officer, based in Hong Kong, taking over the role Gary Abdelnour is vacating.
Almost a month ago, we reported that after 14 years with J.P. Morgan, six of them as chairman and CEO of Asia, Abdelnour had resigned. Rumours were circulating then that the replacement might come from New York as bankers in the West look to move to Asia where deals are still getting executed.
This is the first time J.P. Morgan’s global head...
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