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JPMorgan announces management changes in Latin America

JPMorgan, a provider of cash management, trade finance, and treasury solutions, has relocated Mike McKenzie, the firm's treasury and security services and treasury dervices executive for Latin America, to the bank's regional headquarters in Sao Paulo, Brazil.

The firm also has recently hired Leonardo Lima as their new head of treasury and securities services in Brazil and treasury services product executive for Latin America and appointed Jose Serrano executive director and country head in Mexico.

According to JPMorgan, these executives will further facilitate the firm’s efforts to make investments in local products, adding in-country solutions, and promoting its trade, logistics and payments capabilities.

JPMorgan treasury services offers payment, collection, liquidity and investment management, trade finance, logistics, commercial card and information solutions for the Latin America region. Treasury services will offer enhancements to some of its treasury management technology solutions.

To lead these product development initiatives, JPMorgan has made another key appointment to the region with Mr Lima taking over as the treasury services regional product executive for Latin America. Mr Lima will also serve as the head of treasury and securities services for Brazil and will sit on the firm’s managing committee for the country.

Jose Serrano was appointed as the new executive director and head of Mexico. Mr Serrano has taken an increasingly senior role in the group since joining JPMorgan in Mexico City in 2002.