Brief: LabMorgan's Nicolas Rohatyn bows out

Brief: LabMorgan's Nicolas Rohatyn bows out

The co-head of JPMorgan Chase's LabMorgan e-business division, Nicolas Rohatyn, has announced his intention to leave the company to pursue personal interests.

Rohatyn is quitting after a nineteen-year tenure at J P Morgan which took in pivotal roles within emerging markets and the company's fixed income business.

Denis O'Leary, presently co-head with Rohatyn, will assume full responsibility as the managing executive of LabMorgan, which operates as an incubater for technology-oriented growth companies.

In another significant shift, the Lab will now report to Thomas Ketchum, chairman of the firm's Technology Council.

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