JP Morgan Treasury and Security Services (JP Morgan TSS) has made two appointments that will strengthen its financing and marketing products (FMP) division in the Asia Pacific.
Stewart Cowan has been appointed head of FMP for Australia, New Zealand and Japan, while Michael Wynn will join the transition management sales desk.
Cowan’s expanded role includes oversight of JP Morgan TSS’s clearance and collateral management, transition management and foreign exchange solution.
JP Morgan TSS chief executive Jane Perry said that Cowan’s expertise in FMP would provide the company with a distinct advantage in important local markets.
“In a sophisticated domestic market which relies heavily on financing and market products to manage risk, reduce cost and generate returns, Cowan will be instrumental in further enhancing our local and Asia Pacific clients’ businesses while at the same time driving JP Morgan’s success across these key markets,” Perry said.
Cowan has over 20 years experience in financial services, which JP Morgan TSS believes will help the company capture new opportunities in Japan.
Wynn joins the FMP team after several years with JP Morgan, based in the UK. In his most recent role he managed the investment bank’s passive currency overlay execution desk.
