J.P Morgan Expects Consolidation in Treasury Services Market

J.P Morgan Expects Consolidation in Treasury Services MarketIn a major change in the workforce, Nadia Schiavon has been roped in to lead treasury services, Australia & New Zealand by J. P. Morgan Treasury Services.

The newly appointed head of treasury services, Australia & New Zealand shall have to regularly update about the business activities across Australia and New Zealand to Tom DuCharme, Chief Executive Officer, Asia Pacific for J. P. Morgan Treasury & Securities Services.

In addition, Abdul Raof Latiff has been designated as head of treasury services, ASEAN, while the position of head of treasury services, Malaysia has been given to Hooi Ching Wong.

It’s being believed that the recent steps taken could prove out to have a significant effect on consolidating the position of J. P. Morgan's Southeast Asian market.

Confirming confidence over the decisions taken, Tom DuCharme shared that these changes would act as a booster in strengthening the position of J. P. Morgan Treasury Services both in the domestic and international market.

Moreover, the company is expected to extend its efforts to make sure that other markets are being explored to achieve the best for the company. It’s being known that J. P. Morgan had been on the spree of reshuffling the positions from the very beginning of the year.