BENGALURU, Oct 17 (Reuters) – JPMorgan Chase & Co (JPM.N) said on Monday it has appointed former Reliance Industries (RELI.NS) executive Navin Wadhwani to head its investment banking business in India, as part of a series of leadership changes for the Asia-Pacific region.
Wadhwani has led mergers and acquisitions for oil conglomerate Reliance for the past 10 years and was previously senior managing director at Rothschild India.
JPM has also appointed Kaustubh Kulkarni as Country Manager for India from November 1. He will continue his role as vice president of Asia-Pacific. Kulkarni succeeds Madhav Kalyan, who will now lead the US banking giant’s Asia-Pacific payments.
Vineet Mishra will become sole head of investment banking for Southeast Asia.
PD Singh, currently head of JPM’s corporate banking services in India, has been appointed as interim CEO of JP Morgan Chase Bank India effective November 1.
Reporting by Chris Thomas in Bengaluru; Editing by Devika Syamnath
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