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JPMorgan Institutional Trust Services Expands Latin American Presence, Reinforces Regional Commitment

Submitted by: JPMorgan Chase & Co.

Categories: Human Resources & Diversity

Posted: Mar 04, 2002 – 11:00 PM EST


Mar. 04 /CSRwire/ - JPMorgan Institutional Trust Services today announced the appointment of Marcela Pino as its Client Services Manager in the JPMorgan Chase Mexico City office. Ms. Pino's appointment expands Institutional Trust Services' global network, extending the division's Latin American presence and re-asserting its commitment to this market.

Ms. Pino will have responsibility for Institutional Trust Services in its role as fiduciary, paying agent, and collateral agent. She will also be charged with developing or expanding relationships with both issuers of debt and intermediaries throughout the region.

An economist trained in Brazil, Ms. Pino previously served as a controller and chief financial officer for JPMorgan Mexico, supervising accounting and risk management in Mexico, Peru, and Venezuela. Prior to joining JPMorgan, she held the position of CFO and Administration Director for Goldman Sachs Mexico, with responsibility for legal, regulatory, accounting, analysis, human resources, and operations functions.

"The addition of trust services complements our overall institutional offering, broadens our scope, and extends our marketplace reach," said JPMorgan Chase senior country officer Eduardo Cepeda. "We are very enthusiastic about having Marcela Pino on the Mexico City team."

"With offices in Buenos Aires, Argentina and Sao Paulo, Brazil, Institutional Trust Services' new Mexico City location represents the next phase of our expansion in Latin America," said Michael K. Clark, executive vice president and business executive for JPMorgan Institutional Trust Services. "It anchors our presence in the region and furthers our commitment to this important market."

Institutional Trust Services is one of three divisions in JPMorgan's Treasury & Securities Services, the firm's information and transaction services franchise. The division maintains a global network of more than 30 offices in 14 countries, with approximately 3,000 employees worldwide. Through this global network, Institutional Trust Services delivers a broad range of products and services, including traditional corporate trust, structured finance, global securities clearance, collateral management settlement services and American Depositary Receipt services, as well as outsourcing support to a variety of U.S. and international government agencies. The division services more than $3.0 trillion in debt worldwide. It has embarked on a program of global growth via strategic product development and marketing, aggressive investment in Internet-based capabilities and a strategic acquisition program focused on adding new products and distribution channels and on extending its client base.

J.P. Morgan Chase & Co. is a leading global financial services firm with assets of $694 billion and operations in more than 50 countries. With relationships with over 99% of the Fortune 1000 companies, the firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services, retail and middle market financial services, and e-finance. A component of the Dow Jones Industrial Average, JPMorgan Chase is headquartered in New York and serves more than 30 million consumer customers and the world's most prominent corporate, institutional and government clients. Information about JPMorgan Chase is available on the Internet at www.jpmorganchase.com.

For more information, please contact:

Ann E. Lynn J.P. Morgan Chase & Co.
Phone: (212) 946-8618

For more from this organization:

JPMorgan Chase & Co.


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