J.P. Morgan has announced the appointment of former Citi Australia staffer Damian Crowley as head of cash and trade sales for J.P. Morgan Treasury Services.
In his new role, Crowley will be responsible for providing cash management and trade capabilities to new and existing corporate client relationships within Australia and New Zealand.
In addition, he will administer client access to J.P. Morgan's suite of integrated banking solutions.
With nearly 18 years combined experience at Citi Australia and Citi New Zealand, Crowley's "awareness of client needs and his in-depth understanding of the business" will be crucial in the firm's growth plans, said J.P. Morgan head of treasury services for Australia and New Zealand Nadia Schiavon.
"We are seeing strong demand for treasury services from the growing Australian and New Zealand corporate and institutional markets," she said.
Crowley's appointment follows five recent additions to the treasury services business in Australia and New Zealand, including Dennis Grogan as head of client services and delivery, Karen Gilbert as cash product manager and Abhijit Guha as cash product delivery manager.
Schiavon said the new team members would work closely with their international counterparts in the Australian Pacific region to ensure the firm proactively responded to client needs.
Industry super fund Rest has appointed an interim head of private markets following the exit of Simon Esposito.
Two former Statewide Super executives have been acquitted of dishonesty charges following a trial in the District Court of South Australia.
Allianz Retire+ has announced major leadership changes with the appointment of a new CEO and distribution heads to help expand its presence across the institutional channel.
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual.