A Sydney-based operations executive in JP Morgan’s Treasury & Securities Services business has been promoted to run operations for the entire Worldwide Securities Services business in Dallas, Texas.

Alberto Bambach, currently Operations Executive Treasury & Securities Services Australia & New Zealand and Worldwide Securities Services (WSS) Asia Pacific, will assume the new role of Head of Worldwide Securities Services Operations in Dallas, Texas.

Bambach will continue to report New York-based Global Funds Services Operations Executive Dan Kramer and will
maintain his current responsibilities as Global Head of the WSS Operations Reconciliation Utility.

Richard Watts, currently Treasury & Securities Services Business Integration & Registry Manager, will assume Bambach’s role of Operations Executive Treasury & Securities Services Australia & New Zealand and will join the management team of CEO Jane Perry.

Bambach’s existing Asia Pacific responsibilities will be realigned to Hong Kong, to allow Watts to focus on the growing Australia and New Zealand business.