J.P. Morgan's chief executive for Australia is stepping away from the role he has held for the past 15 years. His successor has been named.
Rob Priestley is stepping down as CEO for Australia at J.P. Morgan but will still play an active role at the U.S. bank.
He will be succeeded by Paul Uren, who will also retain his role as head of investment banking for Australia, the bank said in a statement. Prior to joining J.P. Morgan Uren held investment banking positions at Goldman Sachs for eleven years and Salomon Smith Barney for more than seven years.
Opportunity Knocks
Priestly will become chairman of J.P. Morgan Australia and New Zealand, a role previously held by Sir Rod Eddington, who has been tasked with establishing the firm’s Asia Pacific advisory council.
As the role of chairman is a non-executive position, Priestley will be free to take on other opportunities.
