New chairman for JPMorgan Asia Pacific

JPMorgan has announced that Ralph Parks will be its new chairman for the Asia Pacific region.

Prior to the appointment, which is effective immediately, Parks was JPMorgan's chief operating officer for investment banking in Western Europe. He replaces Anthony Leung, recently appointed as Hong Kong's new Finance Secretary.

Parks, who will shortly relocate from London to Hong Kong, reports jointly to Geoff Boisi and Don Layton, co-CEOs of global investment banking at the group.

Commenting on the appointment, Layton says Ralph brings a wealth of investment banking and international experience to his new position.

Altogether he has more than 30 years of global investment banking experience, including previous assignments in Hong Kong and London, he adds.

Prior to joining JPMorgan last year, Parks was...

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