JP Morgan has made personnel changes designed to strengthen and reshape its leadership team across Germany, Austria and Switzerland.
Martin Wiesmann will become the senior country officer (SCO) of Germany with responsibility for all operations across all lines of business in the country, effective immediately.
With more than 20 years of experience in the banking industry, Wiesmann has worked on a large number of M&A and capital market transactions in the transport, industrials and financial institutions sectors, and has gained broad expertise in the area of privatisation.
Wiesmann has been head of investment banking in Germany and Austria since August 2012. Prior to joining JP Morgan in 2007, he worked for 12 years in the investment banking division of Deutsche Bank in Frankfurt.
Pascal Ravery will become chairman of the Swiss Management Committee in addition to his current role as a vice chairman of European investment banking. Ravery joined JP Morgan in 1992 and has held leadership positions in M&A and in France, as well as managing pan-European coverage of large clients on some of their most transformative deals.
Nick Bossart, a member of the Swiss Management Committee and head of investment banking in Switzerland, will succeed Pascal as SCO of Switzerland, effective immediately. Prior to joining JP Morgan in 2012, Bossart worked for Deutsche Bank for 12 years in London and Zurich in areas including Swiss corporate finance, global banking, and investment banking coverage & advisory.
The operations of the firm’s private bank subsidiary in Geneva will continue to remain separately accountable.
Anton Ulmer will join JP Morgan as the SCO of Austria, effective April 1. Ulmer joins from Morgan Stanley, where he led the investment banking business in Austria since 2007. He previously worked for five years at JP Morgan in M&A before becoming head of corporate development and a member of the management committee at Wienerberger in Vienna.
“These moves will reinvigorate our leadership team across key markets in Europe,” says Viswas Raghavan, head of banking in Europe, the Middle East and Africa (EMEA). “We are privileged at JP Morgan to be able to count on an outstanding bench of senior leaders who each bring extensive knowledge and leadership experience to their roles. This new team will serve our clients with fresh ideas using all of JP Morgan’s global resources, from our fortress balance sheet to the full capabilities of our diverse businesses around the world.”