JPMorgan has named Chris Ventresca and Hernan Cristerna as co-heads of global mergers and acquisitions.
They will report to Jeff Urwin, global head of investment banking.
JPMorgan, led by CEO Jamie Dimon, is overhauling top management on its M&A team. Ventresca and Cristerna will have global responsibilities, with each overseeing their former regions, Pelio said. They will share responsibility for deals in Asia.
Combining global M&A under two leaders streamlines the bank’s decision-making, Ventresca said in a phone interview.
'We can move more quickly with common leadership', Ventresca said. 'When an opportunity arises, we can put the right advisory resources in place'.
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