JP Morgan has appointed a new head of mergers and acquisitions in emerging Asia, after the previous chief announced his departure from the role.
Rohit Chatterji is moving to Singapore to take the job, according to an internal memo seen by City A.M.
The role covers M&A activity across Asia, excluding deals that are done in Japan as it is a more mature market.
Chatterji is a 17-year veteran at JP Morgan, and most recently worked as co-head of banking in India.
He has also held a series of leadership positions across the continent for the top US investment bank.
Chatterji has specialised at times by sector, for instance working with clients in the technology, media and telecoms sector. He has also run the wider Southeast Asia corporate finance team at the bank. Following that position Chatterji headed the emerging Asia debt capital markets operations.
He is replacing the previous boss of the unit Rob Sivitilli, who has been at the bank for 18 years and is heading back to the US.
Sivitilli had been in the role since September 2012, and was previously JP Morgan’s head of M&A and corporate finance in Southeast Asia. He is set to leave the industry and relocate to Florida to be closer with his family.