JPMORGAN WORLDWIDE SECURITIES SERVICES EXPANDS EUROPEAN SECURITIES LENDING TEAM

London, 11 July 2005 – JPMorgan Worldwide Securities Services announced today the addition of Gavin Callan and Michael Fox to its Securities Lending relationship management team in the Europe, Middle East and Africa (EMEA) region.

Callan joins as vice president and Securities Lending client manager for the EMEA region, based in London. Callan previously worked within Citibank’s Securities Lending team as a client manager.

Fox also joins as vice president and Securities Lending client manager for the EMEA region, based in London. Previously Fox was with Brown Brothers Harriman, where he performed a combined sales and relationship management role. Prior to that, he spent twelve years with JPMorgan in both the Worldwide Securities Services and Asset Management divisions.

The expansion of the Securities Lending client coverage team reflects the increased complexity and growth in the use of securities lending and significantly strengthens JPMorgan’s industry leading securities lending programme.

David Mitchell, head of client management and sales, Securities Lending and Market Products, EMEA, said: "These additions to our team reinforce our client focus. Gavin and Michael have considerable relationship management and securities lending experience and their expertise will be invaluable in enhancing client service during a time when the securities lending arena is becoming ever more sophisticated."

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development