JP Morgan poaches DuCharme as Asia treasury and securities CEO

Thomas DuCharme surprises colleagues at Deutsche Bank with his sudden departure to J.P. Morgan, where he will take part in an initiative to expand the bank's services to corporate clients.
Thomas DuCharme
Thomas DuCharme

J.P. Morgan is flexing its muscle with the appointment of Thomas DuCharme as Asia-Pacific chief executive of treasury and securities services TSS, the most senior hire in the region to date for its global corporate bank initiative.

DuCharme surprised colleagues at Deutsche Bank, where he has been Asia-Pacific head of transaction banking for the past five years, when he resigned last week. After the requisite gardening leave, he will join J.P. Morgan in Singapore in the third quarter in the newly created Asia-Pacific TSS leadership role. DuCharme will be in charge of all aspects of the business in the region, including cash management, securities...

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