London
11 September 2017
Reporter: Drew Nicol

J.P. Morgan rejig continues with new custody chief


J.P. Morgan is continuing its shake up with appointment of Richard Gordon to the newly-created role of global head of custody and fund services operations.

Gordon, based in London, joins from Citi, where he was global head of securities services operations.

Prior to Citi, he served Deutsche Bank in a number of roles over more than 12 years, including as COO of risk division and COO of market risk management.

Gordon’s appointment is the latest in a large number of coming and goings at J.P. Morgan.

The bank has created a number of new roles for fresh senior staff, including head of collateral management and agency lending businesses, which will be held by Ben Challice, current COO and Pirum Systems.

J.P. Morgan also recently parted ways with several long-term senior staff, including Paul Wilson who had been with the bank for the better part of 30 years and Darren Measures, who first joined the bank in 1999.

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