Money & Banking

Leo Puri to take over as Chairman of JP Morgan

Our Burea Mumbai | Updated on May 27, 2020 Published on May 27, 2020

Kalpana Morparia, Chairman, South and Southeast Asia at JP Morgan will retire but will stay on till the first quarter of 2021.

This is part of the organisational changes announced by JP Morgan for South Asia and South East Asia.

Leo Puri, former Managing Director of UTI Asset Management Company will take over from Morparia as Chairman.

Meanwhile Murli will become the CEO for South and Southeast Asia in the first quarter of 2021.

The move comes at a time when the Supreme Court had allowed the Enforcement Directorate to attach properties of JP Morgan in the now-defunct Amrapali Group case.

Published on May 27, 2020

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