J.P. Morgan Announces Patrick Fanning As Head of Transition Management in Australia and New Zealand

SYDNEY, 14 September 2011 — J.P. Morgan Treasury & Securities Services has appointed Patrick Fanning as Head of Transition Management for the firm’s Australia and New Zealand business.

Fanning’s appointment is the latest addition to the bank’s growing Financing & Markets Products (“FMP”) division in Asia Pacific, following the recent announcement of Stewart Cowan as Head of FMP for Australia, New Zealand and Japan and Michael Wynn joining the Australian transition management sales desk.

With extensive experience across all aspects of transitions, Fanning has spent the last 10 years with CitiGroup Global Markets where he managed over 250 transitions, including some of the largest and most complex executed in the Asia Pacific region. He will report to Rob Saffer, Global Head of Transition Management, and will be based in Sydney. He adds to an experienced team responsible for managing over AUD 180 billion worth of transitions in 2010.

“We’re delighted to welcome Patrick to the transition management team. With a proven ability to innovate and deliver exceptional execution, he will be instrumental in further building our franchise in ways which benefit the firm’s clients and spur the further growth of the transition management business in Australia and New Zealand,” said Saffer.

Cowan added: “Patrick is highly regarded within the superannuation and funds management industry as a leading practitioner and I am confident that he will bring an unrivalled commitment to our clients in Australia and New Zealand.”

“He has a track record of cultivating dynamic teams within the competitive Australian and Asian markets. I look forward to his contributions across all areas of the business from client relationships and business development through to project management and system development,” Cowan concluded.

About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of JPMorgan Chase Bank, WSS leverages the firm’s global scale, leading technology and deep industry expertise to service investments around the world. It has $16.9 trillion in assets under custody and $7.5 trillion in funds under administration. For more information, go to www.jpmorgan.com/wss.

About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.2 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world’s most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

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