JP Morgan has appointed senior executive James Walker as head of investments for private clients in Europe, Middle East and Africa.

Based in Geneva, Mr Walker will oversee the development and delivery of the firm’s multi-asset class investments, with dual reporting to Phil Di Iorio, global head of investments, and Pablo Garnica, head of the private bank in EMEA, the firm said in a statement.

Mr Walker replaces Simon Wise, who will become the regional director for the Wall Street firm’s private wealth management business in the western region of the US and relocate to Los Angeles.

Mr Walker has been with JP Morgan for 12 years. He was formerly head of investments for the private bank in the western US. Prior to that, he was head of fixed income for the private bank’s western US operation.