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.