J.P. Morgan has made four new appointments to its Treasury Services business in Australia and New Zealand.
Jason Clinton will play a pivotal role in the development and implementation of the Treasury Services sales strategy for bank and non-bank financial institutions as J.P. Morgan's new head of financial institutions group sales.
He will take ownership of relationship management with existing and prospective clients and report to Nadia Schiavon, managing director and head of treasury services.
Formerly of Barclays in London, Clinton's appointment represents the firm's increasing commitment to respond effectively to a complex client and regulatory landscape, J.P. Morgan said.
Further appointments were made to facilitate client access to the company's international suite of integrated banking solutions, J.P. Morgan said.
Matthew Penny has signed on as multinational corporation and corporate sales manager for Australia and New Zealand. Ari Rubin has been made client sales manager for commercial banks, while Rod O'Connor has been appointed to escrow sales support manager to develop the Treasury Services' escrow business.
"Our strategic hires understand the need to partner with clients and deliver innovative products to support their rapidly evolving needs. They will work closely with our broader relationship management and product teams to provide customer-centric solutions to our clients during this period of extensive change," Schiavon said.
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.