JP Morgan: Linklaters' Shao To Become China Chief Executive
The role of China chairman had been left vacant after Charles Li left in June to join Hong Kong Exchanges & Clearing Ltd. (0388.HK) as chief executive. Li will take up his new post next year.
In a statement, J.P. Morgan said Shao, who has spent 11 years with Linklaters, will help expand the lender's franchise in investment banking, treasury, securities services and asset management in China. He will also help develop additional financial products and services for corporate and investor clients, it said, without specifying when Shao will take up his new role.
At the same time, Fang Fang, who is the current chief executive of J.P. Morgan's China investment banking, has been promoted to the position of vice chairman of Asia investment banking, leading the bank's investment banking strategy and business development efforts involving China in all markets across Asia, the U.S. investment bank said.
-By Amy Or, Dow Jones Newswires; 852-2832 2335; amy.or@dowjones.com
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Publié le 23 novembre 2009 Copyright © 2009 Dowjones
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