JP Morgan's promotion of Jane Perry to country head of treasury and securities services TSS for Australia and New Zealand is the latest move in a strategy to combine the management teams of its treasury and asset-servicing businesses in key Asia-Pacific markets. Similar changes are also taking place in China and Japan.
The decision taken globally was for Asia-Pacific to move to a structure where the two roles are brought together, says Perry. The two teams were already jointly presenting to clients, she adds, and the new governance model formalises that integrated approach. The intention is to operate as a true treasury and securities services team, she says.
Having...
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