JP Morgan Chase Promotes Inge Grobbelaar to Vice President

Finance Magnates has recently identified that Inge Grobbelaar has been promoted by JP Morgan Chase & Co to be its new Vice President in London. According to an update via Linkedin, she made the announcement yesterday.

Grobbelaar, based in London, will be responsible for structured products & electronic market-making operations. In her post on LinkedIn, she wrote: “I’m happy to share that I’m starting a new position as Vice President at JPMorgan Chase & Co. in London!”

Previous to the announcement, Grobbelaar has been serving JP Morgan Chase for almost five and a half years. Her most recent position was Vice President in Hong Kong SAR where she was in charge of Equity and Cross Asset Structured Products, Corporate Derivative Margin Loans and OTC Equity Derivatives Client Services. She also fulfilled two other positions for the firm, consisting of Assistant Vice President of Equity Derivatives, Associate of Equity Derivatives and Analyst of Equity Derivatives.

Earlier, she spent a year at GWFX as an Officer of FX Partner Services. During this time, she researched and analysed the FX Online Trading competitor landscape, regulatory controls and demographics in Indonesia, Vietnam, Malaysia, Thailand and South Africa. She also implemented a payment gateway (FasaPay) to receive client funds from Indonesia among other duties.

Her earliest know role was with Sable Group where she was recruited as a Forex Broker in 2010. Over her three-year stint in Cape Town, South Africa, some of her responsibilities included purchasing currency of USD60m per annum on TOM, SPOT and FORWARD contracts, processing daily remittance and settlement requests, managing currency reserves and risk exposure for GBP, USD, ZAR, AUD, NZD, PLN, CHF and HKD.

Other News from JP Morgan & Chase

Just over two weeks ago the US Securities and Exchange Commission (SEC) charged JP Morgan Securities and other broker-dealers for lapses in their programs to prevent customer identity theft. JP Morgan has agreed to pay the penalty of $1.2 million.