The US asset manager has eliminated the role, resulting in the departure of Celestine Khoo.
The Canadian institution's asset management arm has hired a senior executive to help develop its investment management business in the "must-win battlefield" of China.
JP Morgan Asset Management's highly respected Asia chief is to head the North American business of UK insurer Prudential. The US firm is tipped to name an in-house replacement.
Standard Chartered old hand named the head of client relationships, Hong Kong, wholesale banking.
A hundred funds will have investment rules liberalized.
The long-time Korean legal expert and fluent Korean speaker makes the move from Coudert Brothers to Shin & Kim.