JP Morgan has appointed Mark Kelley as chief executive of its Worldwide Securities Services (WWS) Australia and New Zealand division, and the company's Treasury and Securities Services (TSS) country lead for Australasia.
Upon taking up the position Kelley said the strengthening of client partnerships by leveraging the organisation's global capabilities across all business areas would continue to be WWS' key focus in 2012.
"Our global presence, with centres of excellence around the world, means JP Morgan is ideally positioned to partner with our superannuation and investment manager clients in Australia and New Zealand in an increasingly dynamic business environment," he said.
"We are committed to utilising our world class product and service power while sharing the knowledge and expertise JP Morgan has as an international market leader and an innovator across tax, accounting and investment operations."
In his new role, Kelley will be responsible for the WSS business' sales, operations, technology, product, client services and strategic agenda.
JP Morgan's WSS business focuses on custody and administration services by helping clients, institutional investors, alternative asset managers, broker dealers and equity issuers optimise their efficiency, mitigate risk and enhance revenue.
"We have a steadfast focus on our clients' continuing and evolving needs and with Mark's experience and guidance we will continue to ensure that our clients have access to the full product and service power of the firm globally," JP Morgan Australasia chief executive Rob Priestley said.
Kelley joined JP Morgan in 2006 and was most recently head of America's market management for WSS based in New York.
Prior to this Kelley was managing director and regional business head of Citigroup's Securities and Fund Services Europe, Middle East and Africa division and based in London.
