February 12, 2020 / 9:09 AM / 4 days ago

JPMorgan appoints new heads of Australia and NZ investment banking

FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/Files

(Reuters) - JPMorgan Chase & Co (JPM.N) appointed Jabe Jerram and Simon Ranson as co-heads of investment banking (IB) for Australia and New Zealand, according to an internal memo seen by Reuters and confirmed by a spokesman in Sydney.

The new appointments replace Andrew Best, a 30-year company veteran who has been IB head for the last two years.

Dyson Bowditch has been appointed head of equity capital markets for Australia and New Zealand, replacing Jerram.

Reporting by Niyati Shetty in Bengaluru; editing by Jason Neely

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