JP Morgan Asset Management, a capital marketing firm, has announced the appointment of Ayaz Ebrahim as the new CEO for its Southeast Asia operations, including Singapore, subject to approval by the regulatory authority.

Ebrahim takes over from Sherene Ban, the departing CEO for Singapore and Southeast Asia, who is moving to assume a role in Europe. Sherene has been associated with the asset management firm since 1999 and transitioned to key leadership roles over the last 18 years.

In his new role, Ebrahim will be based in Singapore and will work closely with Dan Watkins, the CEO of APAC, and Anuj Arora, the head of emerging markets and APAC equities. He has been associated with the asset management firm for the past eight years. Currently, he is leading the APAC regional team within the Emerging Markets and Asia Pacific (EMAP) Equities team based in Hong Kong. In addition to this role, he is acting as the chairperson for the Asia Pacific Asset Allocation Committee. He will continue to oversee his investment duties within the emerging markets and APAC equities sector.

In his previous roles, Ebrahim worked with Amundi Hong Kong, holding the position of CIO of Asia ex-Japan equities and Deputy CEO. He also served at HSBC Global Asset Management, Deutsche Asset Management, and Amundi Hong Kong as the Chief Information Officer.

On the academic front, Ebrahim holds a Doctorate in Civil Law (DCL) and a Bachelor of Science degree (Honours) in Accountancy from the University of East Anglia in the United Kingdom.