Daniel Darahem to replace Berenguer as JPMorgan Brazil head

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Darahem, an executive who has been at JPMorgan for 20 years, has previously worked in New York and been ECM head for Latin America. He replaces CEO Jose Berenguer, who announced his departure to head banking activities of Brazilian broker XP Inc (O:XP), and will report to Martin Marron, JPMorgan’s CEO to Latin America and Canada.