J.P. Morgan Chase & Co. (NYSE:JPM) has named a new head for their Fixed Income in Emerging Asia division.

J.P. Morgan Chase & Co. (NYSE:JPM) Recognizes New Head

Reports say that J.P. Morgan Chase & Co. (NYSE:JPM) has appointed Pranav Thakur as head of the fixed income for emerging Asia, excluding Japan and Australia.

Thakur will manage fixed income trading and sale and debt capital markets for emerging Asia. Thakur replaces Tarun Mahrotri who has left the firm.

Gaby Abdelnour, chairman and chief executive officer for Asia-Pacific region, J.P. Morgan Chase & Co. (NYSE:JPM), said that, “Tarun was instrumental in developing J.P. Morgan Chase & Co. (NYSE:JPM)’s Asia emerging-markets business exponentially into a market leader in the region”.

JP Morgan Chase & Co. (NYSE:JPM) stocks were at 37.30 at the end of the last day’s trading. There’s been a 6.5% change in the stock price over the past 3 months.

JP Morgan Chase & Co. (NYSE:JPM) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: 1.38
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 1.28
Zack’s Rank: 4 out of 15 in the industry