J.P Morgan has appointed Tom Casteleyn as the head of global custody for Europe, the Middle East and Africa including responsibility for UK direct custody.
Based in Brussels, Casteleyn brings 25 years of securities services expertise leading custody strategy, product delivery and managing client relationships.
Casteleyn spent 16 years at BNY Mellon, most recently as global head of custody in addition to various roles across European market infrastructures.
Meanwhile, Scott Markowitz has been appointed as head of direct custody for the Americas with responsibility for the business in the US, Latin America and Canada, based in New York.
Markowitz spent four years at HSBC where in his most recent role as head of securities services for the Americas, he was responsible for all aspects of the custody business including sales, strategy, product development and operations.
Prior to this, Markowitz spent 15 years at BNY Mellon in a number of client service and relationship management roles in New York and Tokyo.
Both Casteleyn and Elson will report directly to Hannah Elson, head of global custody at J.P. Morgan.
Elson comments: “Building upon our industry leadership and strong momentum, Tom Casteleyn and Scott Markowitz will drive our custody investment strategy and help grow our client franchise in each region.”
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