JP Morgan unveils commodities succession plan

John Anderson and Michael Camacho to succeed commodities chief Blythe Masters amid sale of physical business to Mercuria

JP Morgan
JP Morgan, New York

JP Morgan has appointed two veteran traders, John Anderson and Michael Camacho, to co-head its commodities business after the resignation of the bank's New York-based global head of commodities, Blythe Masters.

The appointment of Anderson and Camacho is effective immediately, according to an internal memo seen by Energy Risk.

"Under John and Mike's leadership, we are confident our franchise will continue to be recognised for our commitment to clients," says the May 6 memo from Troy Rohrbaugh and

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