J.P. Morgan has announced the appointment of a CEO for the private bank in Asia, succeeding a 25-year veteran who will remain with the US lender in a new role.
Harshika Patel has been named as the new CEO of J.P. Morgan’s Asia private banking arm, according to a statement, reporting to international private bank CEO Martin Marron as well as Asia Pacific CEO Filippo Gori. She joins the private bank from J.P. Morgan’s corporate and investment banking business in Asia and will also retain her existing role as Hong Kong CEO.
Patel has 30 years of experience in the financial sector, holding senior roles in London, Singapore and Hong Kong. She joined JPMorgan in 2013 and was most recently head of strategy, Asia, in addition to her Hong Kong CEO role.
North Asia Chair
Patel succeeds Kam Shing Kwang, who has been appointed as chair of North Asia and also reports to Gori. In her new role, Kwang will advise on JPMorgan’s strategic agenda and continue to strengthen key relationships in the region.
Kwang has worked at JPMorgan for 25 years, holding various senior roles in Hong Kong and Singapore.
