New Head of Asia Pacific Treasury and Securities Services
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New Head of Asia Pacific Treasury and Securities Services 08 June 2010Hong Kong Reporter:
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J.P. Morgan Asia Pacific today announced the appointment of Thomas DuCharme as the Chief Executive Officer of the firm's Treasury and Securities Services (TSS) business in Asia Pacific.
DuCharme will lead the expansion of all parts of the TSS business in the region and be a key partner in the accelerated growth of the firm's Global Corporate Bank.
Ms. Heidi Miller, Global Chief Executive Officer of TSS, said: "I'm thrilled to welcome Thomas to the team. His hire is an important step for our business as we continue to build and expand the franchise across the region."
DuCharme joins J.P. Morgan from Deutsche Bank where he was Head of Transaction Banking, Asia Pacific for five years. Prior to this, he spent 15 years at Citigroup, also in transaction banking.
Mr. Gaby Abdelnour, Chairman and Chief Executive Officer of J.P. Morgan Asia Pacific, said he was delighted that DuCharme was joining J.P. Morgan. "We see immense scope for growth within our TSS franchise and Thomas's strong experience in transaction banking across Asia Pacific will allow us to achieve this potential," he said.
DuCharme will report to Abdelnour and Miller. He will also be a member of the TSS Global Executive Committee and the J.P. Morgan Asia Pacific Executive Committee.
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