people moves

J.P. Morgan names new Asia CEO

The US bank appoints its Latin American boss Nicolas Aguzin to head Asia-Pacific.
Nicolas Aguzin
Nicolas Aguzin

J.P. Morgan will relocate its Latin America CEO Nicolas Aguzin to Hong Kong to head the bank’s Asia-Pacific operations as part of a global management reshuffle.

The appointment comes only eight months after Jeff Urwin, global head of investment banking, took on his additional role as Asia-Pacific CEO, replacing Gaby Abdelnour, who resigned from the position in March.

Abdelnour had spent 14 years with J.P. Morgan, six of them as chairman and CEO of Asia. At the time of announcing Urwin’s appointment in April, the bank was keen to point out that he would be its first global head of investment banking to be...

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