• Jeremy Capstick and Howard Chen will co-head the JPMorgan's market infrastructure division
• Chetan Singh and Andreas Lindh will co-lead FIG of EMEA division
JPMorgan Chase & Co (NYSE: JPM) has promoted two senior bankers in its financial institutions group (FIG) to global co-heads of market infrastructure.
The move by the bank is to bolster the expansive financial services franchise.
Jeremy Capstick and Howard Chen will co-head the JPMorgan's market infrastructure division, Reuters reported, citing an internal memo seen by the news outlet.
Former JPMorgan banker Chetan Singh will also rejoin the firm to replace Capstick as co-head of EMEA FIG and will share the leadership with Andreas Lindh, the report said.
Both Singh and Lindh will report to Laurent Nevi, who co-heads the New York-based financial giant's FIG industry group globally.
Singh quit JPMorgan in 2016 to join British insurer Aviva where he recently became a managing director of its annuities and equity release business.
Picture Credit: ABC News
ALSO READ:
Moderna’s first-quarter sales exceed expectations
Starbucks suspends outlook for 2022 amid lockdowns in China