JP Morgan has hired Jane Perry from Axa Insurance in Melbourne to run its Worldwide Securities Services (WSS) division in Australia.
Perry, who will start in January, was chief operating officer at Axa Insurance.
She replaces former WSS head Tony Winwood, who left the firm in January to join ANZ's custody team.
"We didn't rush into finding a replacement for Tony [Winwood] . . . it was about finding the right person for the business down here," JPMorgan chief executive of WSS for Asia Pacific Laurence Bailey said.
JPMorgan provides custody, fund accounting and administration and securities services to institutional investors, alternative asset managers and debt and equity issuers.
The firm lost its global chief executive Michael Clarke to Fidelity Investments in early October.
JPMorgan merged its investor and issuer capabilities under the name JPMorgan Worldwide Securities Services in April 2005, with Clark, a 13 year veteran of the firm, as chief executive.
