J.P. Morgan has announced the appointment of former Citi Australia staffer Damian Crowley as head of cash and trade sales for J.P. Morgan Treasury Services.
In his new role, Crowley will be responsible for providing cash management and trade capabilities to new and existing corporate client relationships within Australia and New Zealand.
In addition, he will administer client access to J.P. Morgan's suite of integrated banking solutions.
With nearly 18 years combined experience at Citi Australia and Citi New Zealand, Crowley's "awareness of client needs and his in-depth understanding of the business" will be crucial in the firm's growth plans, said J.P. Morgan head of treasury services for Australia and New Zealand Nadia Schiavon.
"We are seeing strong demand for treasury services from the growing Australian and New Zealand corporate and institutional markets," she said.
Crowley's appointment follows five recent additions to the treasury services business in Australia and New Zealand, including Dennis Grogan as head of client services and delivery, Karen Gilbert as cash product manager and Abhijit Guha as cash product delivery manager.
Schiavon said the new team members would work closely with their international counterparts in the Australian Pacific region to ensure the firm proactively responded to client needs.
The $340 billion fund has welcomed three senior investment executives to its London office as it continues to internalise the management of international equities, its single largest asset allocation.
The fund has hired a former ART executive as its new head of group strategy.
The sovereign wealth fund has revealed six internal hires to support the execution of key strategies.
The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December.