OREANDA-NEWS. May 04, 2012. J.P. Morgan announced that Jeff Urwin, Head of Global Investment Banking Coverage, Capital Markets and Mergers & Acquisitions, will take on the additional role of CEO of Asia Pacific, based in Hong Kong. Urwin will be responsible for overseeing all of J.P. Morgan’s strategic activities in the region, along with his current global banking responsibilities, reported the press-centre of J.P. Morgan.

This is the first time J.P. Morgan’s global head of investment banking will be based in Asia Pacific. He will relocate to Hong Kong from New York in May and continue to report to Jes Staley, CEO of the Investment Bank.

“Jeff is a proven and trusted leader, and is highly respected by clients and colleagues around the world,” said Staley. “Basing our global head of investment banking in Asia Pacific further cements our ongoing commitment to the region and its importance to our global franchise.”