JP Morgan appoints new Hong Kong CEO

Filippo Gori replaces Kam Shing Kwang, who will focus on the US bank’s private banking business in Asia.

JP Morgan has appointed Filippo Gori as chief executive officer for Hong Kong, effective October 1, according to a memo seen by FinanceAsia

Gori is also head of sales and marketing for markets and investor services in Asia Pacific. In his new role as Hong Kong CEO, he will help facilitate local governance, coordination and controls as well as fostering employee and community engagement across JP Morgan’s business units in Hong Kong. 
The veteran banker has held various roles in JP Morgan’s corporate and investment bank and asset and wealth management throughout his 19 year career at the US bank.  
He is a member of JP Morgan’s Asia Pacific management committee and was recently appointed chairman of the Asia Securities Industry & Financial Markets Association. 
Gori is taking over the new responsibilities from Kam Shing Kwang, who will focus on her role as chief executive officer for JP Morgan's private bank in Asia. She was appointed to that role in March last year. 
“Home to our regional headquarters and a strategic gateway to China, Hong Kong is an important market for JP Morgan as we continue to grow our business in Asia,” said Nicolas Aguzin, JP Morgan’s chairman and CEO for Asia Pacific, in response to Gori’s appointment. 
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