J.P. Morgan Appoints CEO of Worldwide Securities Services

May 31, 2011 (PLANSPONSOR.com) - J.P. Morgan announced the appointment of Dinkar Jetley to the position of CEO of its Worldwide Securities Services (WSS) business. 

Jetley will report to Mike Cavanagh, CEO of J.P. Morgan Treasury & Securities Services (TSS), and will be a member of the J.P. Morgan Chase and TSS Executive Committees.  He joins J.P. Morgan on June 16 and will be based in New York.   

J.P. Morgan also announced that Conrad Kozak, the current CEO of WSS, has been named Vice Chairman of TSS.  In this role, Kozak will be responsible for senior client coverage of select clients and will continue to report to Mike Cavanagh.    

According to the announcement, Jetley joins J.P. Morgan from Deutsche Bank in London, where he was Global Head of Trust and Securities Services and Cash Management for Financial Institutions, and a member of the Global Transaction Banking business leadership team.  Prior to Jetley’s 12 years at Deutsche Bank, he spent nearly 14 years at Citibank in a number of leadership positions in operations, technology, finance and credit risk.  

Kozak is a 33-year veteran of J.P. Morgan and its predecessor firms.  He will continue to be based in New York.