People Moves

JP Morgan Private Bank Names Ex-StanChart Manager As Asia Marketing Head

Tom Burroughes Group Editor 13 September 2012

JP Morgan Private Bank Names Ex-StanChart Manager As Asia Marketing Head

The former global head of marketing and philanthropy at UK-listed Standard Chartered Bank is joining JP Morgan Private Bank, this publication can exclusively reveal.

Jacqui Brabazon, the former global head of marketing and philanthropy at UK-listed Standard Chartered, is joining JP Morgan Private Bank effective 18 September, this publication can exclusively reveal.

She will hold the post of head of Asia marketing, and be based in Singapore. Brabazon will report to Paula Pullano, head of international marketing at JP Morgan Private Bank, WealthBriefingAsia has learned. JP Morgan later confirmed the move.

The move means that Brabazon will be re-united with her former colleague Peter Flavel, who is now  CEO, JP Morgan Private Wealth Management Asia. He previously was head of the private bank at StanChart, leaving in 2010.

JP Morgan Private Bank services two client segments: the ultra-high-net-worth business serves clients with a net worth above US$30 million. The high-net-worth business (JP Morgan Private Wealth Management) serves clients with a net worth from US$10-30 million. Andrew Cohen is CEO of JP Morgan Private Bank Asia; Flavel, as already mentioned, holds the post of CEO at JP Morgan Private Wealth Management Asia.

JP Morgan Private Bank has made a number of recent important hires; in early August, it appointed a former Goldman Sachs executive, Fan Jiang, to lead its Asian strategy team. He had previously worked at Goldman Sachs for almost 20 years.

The US bank in July also added two senior bankers to its ranks in Singapore, covering high net worth wealth in Indonesia: Sean Straton, formerly of Westpac Private Bank, and Lynda Teo, formerly of UBS.

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