JP Morgan has promoted Ina De, currently co-head of equity capital markets for Europe, the Middle East and Africa, and Conor Hillery, head of the UK financial institutions group, to jointly lead its UK investment banking business in the UK.
De and Hillery will report to chairman Tim Wise.
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De has been with the firm for more than 20 years and Hillery joined Cazenove in 2001.
JP Morgan reported that these appointments come amid a shake-up of the US bank’s business in Europe that will see a number of senior bankers take on new roles.
De and Hillery have joined the firm replacing Laurence Hollingworth, previously head of investment banking in the UK, and will take over from Jake Donavan as the head of industry coverage in the EMEA region.
Donavan will become senior country officer of Benelux and the Nordics.
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By GlobalDataHead of banking for Europe, the Middle East and Africa at JP Morgan, Viswas Raghavan, said: "These moves will enable our business to be even more closely integrated and better organised to capture the significant opportunities presented by the market."
