JP Morgan names APAC investment banking co-head
Paul Uren, JP Morgan's chief executive in Australia and New Zealand, joins Murli Maiya as co-head of investment banking for the broader region.
March 27, 2019
JP Morgan has appointed Amy Tan as its head of debt capital markets origination in Asia ex-Japan, the US bank said in a memo seen by FinanceAsia.
Tan, who is currently a member of JP Morgan's DCM franchise, will now take on a larger role that oversees the entire Asia-Pacific region excluding Japan and Australia. She joined JP Morgan in 2006.
In her new role, Tan will report to Sudhir Goel, head of debt capital markets and country sales & marketing, markets & investor services in Asia ex-Japan.
Tan is taking on a new remit at a time when Chinese companies become active issuers in the international bond markets. According to Dealogic, Chinese issuers raised $218 billion in G3 bonds last year, nearly half of the total issuance in Asia ex-Japan.
JP Morgan was a bookrunner of Alibaba's quadruple-tranche, $7 billion senior note in November last year. The US bank's latest deal was China Minmetal Corporation's $400 million perpetual bond last Monday.
Tan is replacing Mark Follett, who will be taking on a newly created senior role within the global investment banking (GIB) coverage team in Asia Pacific. Follett will report to John Hall and Murli Maiya, co-heads of APAC GIB coverage.
"Follett will leverage his deep capital raising and solutions experience to focus on the large, complex, transformative transactions that can help our clients realize their strategic goals," the memo shows.
