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J.P. Morgan Treasury Services Expands Regional Sales Team With Key Senior Hires

Firm hires approximately 25 new corporate and FI sales executives to
further support clients’ international growth agenda

Osaka, October 25, 2012 – J.P. Morgan Treasury Services has expanded its regional sales team to cater to growing client demand for cash and liquidity management solutions across Asia Pacific, with a series of new hires and internal appointments across the firm’s Corporate and Financial Institutions (FI) businesses.

Underscoring J.P. Morgan’s strategic growth plans in Asia Pacific, Lillian Sim has been named Regional MNC Sales Head for Asia Pacific. Sim is based in Singapore and reports to Margaret Yao, Regional Sales Executive, Asia Pacific for Treasury Services. She previously handled Asia Pacific Industry Sales for several segments for J.P. Morgan Treasury Services.

Jennifer Barker has been named Treasury Services Regional Commercial Banking Sales head. Also based in Singapore and reporting to Yao, Barker will be responsible for developing and executing the Asia Pacific in-bound cash management strategy for J.P. Morgan’s Commercial Banking franchise. Barker’s previous roles included regional payables and receivables product management functions, in addition to product management country oversight for Southeast Asia.

Several corporate and FI appointments have also been made across key domestic markets. Joining the country Corporate Sales team is Hoptenly Tamba, who will oversee sales in Singapore. Tamba rejoins J.P. Morgan from Australia and New Zealand Banking Group (ANZ), where he was Head of Trade & Supply Chain Sales.

In addition, Randy Wang and Sue Wong have joined the firm’s FI business. Wang, who is heading up FI sales in Taiwan, was most recently with ANZ, where he was Head of Global Payments and Cash Management for Taiwan. Similarly, Wong has been named head of FI sales in Hong Kong. Prior to her current role, Wong was North Asia Client Service Manager for J.P. Morgan Treasury Services. 

These appointments follow the recent hiring of Kiat Seng Lim as Head of Financial Institutions Sales for Asia Pacific, and Jason Clinton as Head of Financial Institutions Group Sales for Australia and New Zealand, and complement several additional recent hires across Hong Kong, Taiwan, Singapore, Japan, Thailand and the Philippines.

Margaret Yao, Regional Sales Executive, J.P. Morgan Treasury Services, said: “Ensuring we have the best talent in the industry is core to delivering quality coverage and higher levels of service to our FI and corporate clients across the region. Since mid-2012, our Treasury Services sales team has grown by approximately 25 people across all major markets, mirroring our commitment to the region and our aggressive expansion plans.”

J.P. Morgan Treasury Services is a business that resides within J.P. Morgan’s Corporate & Investment Bank (CIB).

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.

About J.P. Morgan’s Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank is a global leader across banking, markets and investor services. The world’s most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18.2 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.  Further information about J.P. Morgan is available at www.jpmorgan.com.

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