JP Morgan Private Bank names new Asia CEO
Andrew Cohen will relocate from Los Angeles to Hong Kong later this year to replace Paul Scibetta who will remain with the US firm.
Paul Scibetta, Asia chief executive at JP Morgan Private Bank since 2007, is to relinquish his post to Andrew Cohen who is currently head of the Southern California business.
As CEO of the firm's Asia-Pacific ultra-high-net-worth business, Cohen will report to Douglas Wurth, Hong Kong-based CEO of JP Morgan International Private Bank. Wurth runs the global ex-US private-banking business, having relocated from New York late last year.
Cohen will transfer from Los Angeles around Septe…
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