Amsterdam, 8 April 2011 - J.P. Morgan Worldwide Securities Services today announced the appointment of Rene Wiegel as Managing Director, Head of Business Development for Benelux, effective immediately.
Mr. Wiegel brings a wealth of experience to the business development role at J.P Morgan Worldwide Securities Services. Most recently, he was Managing Director, Head of Sales for Benelux and Switzerland, at BNY Mellon. Prior to this, Wiegel worked for over 20 years at ABN AMRO in a number of key positions including Head of Regional Treasury and Global Relationship Manager.
"We continue to expand our local presence in the Netherlands as our centre of excellence in Benelux, a region with significant new growth opportunities for the securities services business," said John Gout, J.P. Morgan Worldwide Securities Services Market Manager for Benelux. "Mr. Wiegel's experience and track record working closely with institutional clients will be hugely beneficial to our ongoing success in the region. Having worked in the Benelux region for more than two decades, Mr. Wiegel brings unparalleled insight into the nuances of this market and its participants as we continue to build our expertise in this region."
Rene Wiegel said: "J.P. Morgan Worldwide Securities Services' focus on client service, and its commitment to local offices and experts in each region, is outstanding. I am tremendously excited to join J.P. Morgan to lead the business development team in a region so full of opportunity and I look forward to broadening and deepening our client relationships in the Benelux market."
About J.P. Morgan Worldwide Securities Services
J.P. Morgan Worldwide Securities Services (WSS) is a premier securities servicing provider that helps institutional investors, alternative asset managers, broker dealers and equity issuers optimize efficiency, mitigate risk and enhance revenue. A division of JPMorgan Chase Bank, N.A., WSS leverages the firm's unparalleled scale, leading technology and deep industry expertise to service investments around the world. It has $16.1 trillion in assets under custody and $7.3 trillion in funds under administration. For more information, go to www.jpmorgan.com/visit/wss.
About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.1 trillion and operations in more than 60 countries. The firm is a leader in investment banking, financial services for consumers, small-business and commercial banking, financial transaction processing, asset management and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.