JP Morgan launches representative office in Bangladesh

Last updated: October 4, 2010

Dhaka, Bangladesh (BBN) - JP Morgan has expressed willingness to contribute more in Bangladesh as they recognizes the potential of its economy which has been growing over six per cent during the last seven years.

“This is an encouraging factor which would help J P Morgan’s more involvement in Bangladesh’s economic development,” Kalpana Morparia, chief executive officer for South Asia and India of J.P. Morgan said this at a press meet at Westin Hotel in Dhaka on Monday.

The press meet was organized to announce formal launching of its representative office in country to provide financial institute clients with enhanced banking service backed by its innovative suite of global solution.

The new operation will be headed by Sazzad Anam, head of financial institutions, Bangladesh, JP Morgan Treasury Services. David A Wisebrod, Managing Director Treasury and Security Services-Risk Management, J P Morgan, Simon Jones, regional executive, Asia Pacific, J.P. Morgan Treasury Services, Rajiv Jain, Managing Director, Treasury and Security Services, Southeast Asia, J P Morgan were also present a the the press conference.

BBN/SSR/AD-04Oct10-11:54 pm (BST) 

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