JPMorgan Treasury Servicesis strengthening the organizational structure of its global trade practice. The aim is to better address the industry's increasing demand for trade finance and supply-chain management solutions.
It will be hiring several new senior managers for key positions as well as adding nearly 100 trade and supply chain professionals to the firm's international team.
Pravin Advani joins as managing director, global trade executive for Asia. Advani will lead the global trade team in Asia where most of JPMorgan's clients remain very active. He has more than 20 years' experience in the banking industry focusing on the pan-Asian, Eastern Europe and Middle East markets. His track record includes trade product management, sales, client and risk management positions at ABN AMRO/Royal Bank of Scotland (RBS) and Citigroup.
Andrew Betts joins as managing director, global head of supply chain. Betts and his global team will deliver a proposition of modular, integrated solutions to address clients' financing and regulatory needs across the entire supply chain. He previously has held senior management positions at Deutsche Post/DHL, ABN AMRO and RBS.
David Conroy joins as regional trade executive for North America and global trade sales head. Based in New York, Conroy has more than 20 years of transaction banking experience. He joins from Deutsche Bank where he was Americas head of trade finance, and head of cash management for corporates, as well as led the franchise expansion.
Andrea Leonel joins as regional trade sales and advisory head, Latin America. Based in Sao Paulo, Leonel is responsible for trade sales and advisory for the LatAm markets. Previously at Deutsche Bank S.A. - Banco Alemao, she was head of trade finance and interim head of cash management corporates with particular exposure to Brazil and South America.
Kao Fang Ming joins as trade head for China. Previously Ming was China head for global Trade sales, trade, and supply chain at HSBC in China and worked at Standard Chartered Bank in transaction banking where she was based in Singapore, China, Hong Kong and London. Kao Fang Ming will report to Pravin Advani.
Prashant Pillai, trade head for India and South Asia. As part of J.P. Morgan's Global Corporate Bank rollout and increased business focus on its franchise in India, Pillai will lead trade business in India. He previously worked for ICICI Bank and most recently for ABN AMRO/RBS India where his responsibilities included the initiation and structuring of cross border and domestic trade deals involving trade finance and end-to-end credit structures. Pillai will also report to Pravin Advani and locally to Rajiv Jain, treasury services head for India and South Asia.