JPMorgan Promotes Two New Heads of DCM, ECM Units

JPMorgan has elevated two of its own to staff its Debt and Equity Capital Markets (DCM) – Sudhir Goel has been appointed as the Head of DCM for the Asia-Pacific (APAC) ) region while Daniel Darahem steps into a new role as the Head of ECM – APAC, according to a Reuters report.

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Mr. Goel has worked at JPMorgan as its Managing Director and Head of FX Sales previously in Asia ex Japan – his new appointment as the bank’s Head of DCM will see him retain his existing DCM and sales responsibilities, albeit expanding them to the APAC region.

Previously, he worked at HSBC as its Director of Cross Product Structuring, a role he served in for over six years. Additionally, he worked as Citibank as a Manager of the group’s Treasury Marketing Unit, dating back to 1995, according to information made public on his Linkedin profile.

Mr. Darahem previously worked as the Co-Head of ECM for the Americas. He will continue to work as the head of the strategic investors group and equity private placement for the APAC region in addition to the promotion.

Elsewhere in the world, JPMorgan has been in a state of flux recently, namely in terms of its UK operations. After months contemplating a move elsewhere in the UK, JPMorgan opted to move hundreds of its staff to Dublin, Frankfurt, and Luxembourg. For the past year, European lenders based in the UK, and JPMorgan’s overseas operations in the country, had been looking to continental Europe for a post-Brexit contingency plan.