JP Morgan names Aurangzeb as head of global corporate bank in Asia


JP Morgan has named Muhammad Aurangzeb as chief executive of its global corporate bank in the Asia-Pacific region replacing Mike Brown, who is relocating to London to take up an unspecified senior position in the bank’s global corporate bank unit. JP Morgan is expanding its corporate banking services to provide balance sheet plus advisory services, which it hopes will bolster its wholesale banking business.

Based in Singapore, Aurangzeb will report to New York-based Greg Guyett, chief executive