JPMorgan has named Nadia Schiavon a new head of custody and fund services for Australia and New Zealand.

In her new role, Schiavon will be reporting to head of Asia Pacific custody and fund services Colin McKechnie, according to Financial Standard.

Schiavon previously worked as JPMorgan’s head of treasury services for Australia and New Zealand.

She joined JPMorgan from Citigroup, where she has held several roles and was most recently head of operations and technology.

Schiavon said: "I am pleased to be leading the Custody and Fund Services business at a time when the services we provide for our clients have never been more critical, as they strive to meet their business objectives in highly competitive environments, with demanding regulatory and operational agendas."

McKechnie said: "This appointment strengthens our Custody and Fund Services offering in the region at an important time for the business.

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"She will partner closely with local leadership to execute on our strategic growth plans and further strengthen our client relationships."