J.P. Morgan has promoted Stephane Marchand to the role of managing director and head of prime and hedge funds services sales in Europe, the Middle East and Africa.
He is taking over the role from Brian Bisesi, who is moving to New York to work in a similar capacity.
In his new role, Marchand will report to Francis Jackson, who leads the EMEA investor services business at J.P. Morgan.
Based in London, Marchand will be charged with looking after the bank’s hedge fund clients with traditional prime broker services, as well as its wider investor services product base, including securities lending, custody, clearing and fund administration.
Bisesi and Marchand joined J.P. Morgan’s prime brokerage business in 2010. The former previously worked at Barclays Capital, while the latter served in Nomura's prime services business in London.
