Source: JPMorgan Worldwide Securities Services
JPMorgan Worldwide Securities Services (JPMorgan WSS) today announced it has expanded its Securities Company's business in the Middle East.
Tim Peters has joined as head of business development and relationship management for JPMorgan WSS in the Middle East and North Africa to provide custody and related securities services to sovereign, corporate and institutional investors.
Mr. Peters, who joined from Brown Brothers Harriman and previously worked for JPMorgan's private bank, will be based in Dubai. Additional hires will be made in the region to expand the team that will report to Mr. Peters. The new hires are expected to be based in JPMorgan's offices in Dubai and Riyadh.
Francis Jackson, head of business development and relationship management for JPMorgan WSS in Europe, Middle East and Africa, said: "The Middle East and North Africa region is one of our focuses for growth, and we want to provide the best possible service to the fund management and institutional investor community there. We are pleased to have hired Tim Peters to lead our efforts from the region to provide a high level of service and product solutions to our clients."