08:32 AM EDT, 03/28/2024 (MT Newswires) -- (Updates with the company's response in the second paragraph.)

JPMorgan ( JPM ) has appointed Rita Chan and Alan Ho as co-senior country officers for China, starting April 1, Reuters reported Thursday, citing an internal memo.

A JPMorgan ( JPM ) spokesman confirmed the accuracy of the report in an email to MT Newswires.

The pair will succeed Mark Leung, who is retiring.

Chan joined JPMorgan ( JPM ) in 2020 from Goldman Sachs, Reuters cited the memo as saying. Ho will retain his post as chief financial officer for the region while beginning his new duties.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 199.13, Change: -0.39, Percent Change: -0.2