People Moves
JP Morgan's Private Bank Names Mideast Head

The US banking group has named the head of its private banking team in the Middle East, as well as making another senior appointment.
JP Morgan has named
Jonathan Conner as head of its Middle East private banking
team, and Ramsey Jallad has
been appointed an executive director and senior banker for the
team, the US-headquartered
banking group said.
Conner was previously a senior banker on the Middle East team.
Based in Geneva, he will report to Pablo Garnica, head
of JP Morgan Private Bank EMEA, the firm said in a statement
yesterday.
Jallad will primarily concentrate on advising and
cultivating relationships with private clients in the Middle East
region, with
a particular focus on Kuwait,
Bahrain and Oman. Based in London, he will report to Conner.
The previous head of the Middle East team, Paolo Moscovici, is
now head of the Emerging Markets
team at the private bank, a spokesperson later told this
publication.
Conner joined the bank in 2007 from Citigroup, where he
served as chief of staff to the chief executive of Citigroup
Private Bank.
Prior to this role, he was based in New York
and Geneva, managing private client
relationships in the Middle East. Conner began
his banking career as an associate at JP Morgan in New York in
1988 before joining Citigroup,
where he held a number of roles within its private bank and
investment bank.
Jallad joins JP Morgan from The Family Office, where he was a
relationship manager focusing on high and ultra high net worth
individuals in Kuwait and Bahrain.
Prior to that, he was a Bahrain-based director at Standard
Chartered Bank for three years. Before that, he was an investment
counsellor at
Citigroup Private Bank, focusing on clients based in Kuwait,
the UAE, Saudi Arabia, Lebanon and India.
Jallad started his career at Merrill Lynch International as
an assistant vice president in the private client strategies
group.