J.P. Morgan Bolsters Treasury Services With a Series of New Sales Appointments

SYDNEY, August 14, 2012 J.P. Morgan has today announced a series of sales appointments to drive the strong growth of the Treasury Services business in Australia and New Zealand. These new hires include the appointment of Jason Clinton as Head of Financial Institutions Group Sales, J.P. Morgan Treasury Services (TS).

Clinton brings to the TS business deep global and local industry knowledge acquired over an 18 year career that has included roles covering North America, Europe and Asia Pacific. His appointment demonstrates an ongoing commitment by the firm to effectively respond to an increasingly complex client and regulatory landscape.

Based in Sydney, Clinton delivers an extensive set of financial transaction and banking skills and will play a critical role in the development and execution of the TS sales strategy for financial institutions and non-bank financial institutions. He will be responsible for building and maintaining relationships with existing and prospective clients. Reporting to Nadia Schiavon, Managing Director and Head of Treasury Services, Australia and New Zealand, Clinton joins J.P. Morgan from Barclays in London.

Schiavon said, “Jason will bring to the team a proven track record of strong financial transaction banking experience, enabling us to deliver to our clients a depth of expertise necessary in this current environment.”

In addition to Clinton, sales team hires have recently been made for the corporate segment. Matthew Penny has joined the firm as Multinational Corporation (MNC) and Corporate Sales Manager, Australia and New Zealand, based in Melbourne. Ari Rubin has been appointed Client Sales Manager, Commercial Bank, focusing on J.P. Morgan’s relationships with international commercial banks. Rod O’Connor completes the team as Escrow Sales Support Manager, building out TS’s Escrow business. Reporting to Damian Crowley, Head of Cash and Trade Sales, who joined the firm in April, these new hires will facilitate client access to J.P. Morgan’s global suite of integrated banking solutions.

“Our strategic hires understand the need to partner with clients and deliver innovative products to support their rapidly evolving needs. They will work closely with our broader relationship management and product teams to provide customer centric solutions to our clients during this period of extensive change,” concluded Schiavon.

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About J.P. Morgan Treasury Services
J.P. Morgan’s Treasury Services business is a full-service provider of innovative cash management, trade, liquidity and escrow services -- specifically developed to meet the challenges treasury professionals face today. More than 135,000 corporations, financial institutions, governments and municipalities in over 180 countries and territories entrust their business to J.P. Morgan. J.P. Morgan Treasury Services is one of the world's largest providers of treasury management services and a division of JPMorgan Chase Bank, N.A., member FDIC. More information can be found at www.jpmorgan.com/ts.

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