J.P. Morgan has named John Murphy as head of custody and fund services for Asia Pacific.
He succeeds Colin McKechnie, who will return to New York after spending the last three years in Hong Kong leading J.P. Morgan’s custody and fund services business in the region.
Teresa Heitsenrether, head of global CFS at J.P. Morgan, commented: “Our CFS franchise in Asia Pacific has achieved tremendous growth under Colin McKechnie’s stewardship with assets under custody increasing by 3 percent over the last three years.”
“Our business is well positioned for continued expansion, and under John’s leadership we will move to the next level.”
Murphy brings a wealth of expertise to the role having worked across product, operations and client disciplines, and across regions across the US, Europe and Asia Pacific during his career spanning more than 20 years.
Based in Hong Kong, he will join the CFS Global Management Team as well as the Asia Pacific Management Committee.
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