Investor Relations

JPMorgan Treasury Services Appoints Sales Heads for Three Core Client Segments

May 28, 2007
JPMorgan Treasury Services Appoints Sales Heads for Three Core Client Segments

Hong Kong- May 28, 2007 - JPMorgan Treasury Services, a full-service provider of cash management, trade finance, and treasury solutions, announced the appointment of three key senior executives to its Asia Sales organisation:

Percy Batliwalla has been appointed Treasury Services Sales Executive for Banks in Asia Pacific, based in Singapore. JPMorgan is a market leader in the Banking sector, and it continues to be the largest provider of U.S. Dollar funds transfer services in Asia and around the world. Mr. Batliwalla has been with JPMorgan since 2004, most recently as head of the South Asia Financial Institutions Sales team where he had been responsible for driving the successful growth of that market.

Cassandra Lister has been appointed Treasury Services Sales Executive for Financial Services in Asia Pacific, based in Hong Kong. The Financial Services segment includes non-banks financial institutions such as fund managers, securities dealers, asset managers and insurance companies. In her previous role, Ms. Lister was Head of the Australia/New Zealand financial institutions sales team, overseeing one of the bank's largest markets in the region.

Mark Troutman joined JPMorgan as Treasury Services Sales Executive for Multinational Companies in the region. He manages a team that covers U.S. and European companies with subsidiaries in Asia as well as the Bank's U.S. Commercial Bank clients. Mr. Troutman joined JPMorgan from Bank of America where he spent more than ten years in cash and trade sales in Singapore and Sydney. Mr. Troutman is based in JPMorgan's Singapore office.

"I am very excited about this new sales structure as it will allow us to better focus on the needs of each of these important client segments and deliver the kind of customised and value-added solutions that clients have come to expect from JPMorgan," said Simon Jones, Regional Sales Executive for Treasury Services.

About JPMorgan Treasury Services

The Treasury Services business of JPMorgan is a top-ranked, full-service provider of innovative payment, collection, liquidity and investment management, trade finance, commercial card and information solutions to corporations, financial services institutions, middle market companies, small businesses, governments and municipalities worldwide. With more than 50,000 clients and a presence in 36 countries, JPMorgan Treasury Services is one of the world's largest provider of treasury management services. More information can be found at www.jpmorganchase.com/ts.

About JPMorgan Chase

JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $1.4 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers, small business and commercial banking, financial transaction processing, asset and wealth management, and private equity. A component of the Dow Jones Industrial Average, JPMorgan Chase serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its JPMorgan and Chase brands. Information about the firm is available at www.jpmorganchase.com.

JPMorgan Chase is licensed under U.S. Pat. Nos. 5,910,988 and 6,032,137.