London: JPMorgan Chase & Co. has announced a major leadership change in its capital markets division, appointing Sunil Dhupelia as the new head of Equity Capital Markets (ECM) International. The decision, disclosed in an internal memo and confirmed by the bank, highlights JPMorgan’s strategy to consolidate its equity operations under seasoned leadership as competition intensifies in global capital markets.
Dhupelia, who has been serving as co-head of Asia Pacific ECM, will relocate from Hong Kong to London in the coming months to take charge of the international business. His move underscores the importance JPMorgan places on Europe and other non-Asia regions as central hubs for capital-raising activity. By positioning a leader of Dhupelia’s experience in London, the bank aims to streng