JPMorgan named a new head of its leveraged finance group in North America, the bank confirmed.

The bank named Gerry Murray as its head of North America Leveraged Finance, which oversees origination and restructuring of high yield bonds and leveraged loans. Murray, a 17-year veteran of JPMorgan, had been part of the high yield team previously.

Ray Doody will remain head of leveraged finance for Europe, the Middle East and Africa.
JPMorgan reorganized its capital markets group in early November, separating its debt and equity units and shuffling leadership of the groups. Jim Casey and Andy O’Brien, who had been coheads of syndicated leveraged finance, became coheads of global debt capital markets.

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