JPMorgan appoints new heads of Australia and NZ investment banking

(Reuters) – JPMorgan Chase & Co (N:) appointed Jabe Jerram and Simon Ranson as co-heads of investment banking (IB) for Australia and New Zealand, according to an internal memo seen by Reuters and confirmed by a spokesman in Sydney.

The new appointments replace Andrew Best, a 30-year company veteran who has been IB head for the last two years.

Dyson Bowditch has been appointed head of equity capital markets for Australia and New Zealand, replacing Jerram.

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