J.P. Morgan Asset Management has revealed the selection of Ayaz Ebrahim as the forthcoming CEO overseeing their operations in Singapore and Southeast Asia, subject to regulatory approval. Based in Singapore, Ebrahim will directly report to Dan Watkins, the CEO of APAC and Anuj Arora, who serves as the head of emerging markets and APAC equities.
Ebrahim, a member of J.P. Morgan Asset Management since 2015, presently holds the position of a portfolio manager and co-leads the APAC regional team within the emerging markets and APAC equities sector. With an extensive 34-year career in the industry, Ebrahim has previously held leadership roles at Amundi, HSBC, and Deutsche Bank. Alongside assuming his new role, Ebrahim will retain his oversight of investment responsibilities within the emerging markets and APAC equities division.
This announcement follows the departure of Sherene Ban, who led the Singapore and Southeast Asia business for over three years. Ban is slated to transition to Europe, taking up the position of head of continental Europe institutional. During her tenure, Ban was recognized for assembling a robust team and positioning J.P. Morgan Asset Management as a pivotal partner for regional clients, significantly contributing to the firm's achievements. Watkins conveyed eagerness to sustain collaboration with Ban in her new capacity.