J.P. Morgan has named Hardeep Bal as its new global head of custody operations.
Bal has been at J.P. Morgan for over nine years. Before his promotion, he was the firm’s global head of custody client facing the middle office.
Previously, he was an executive director for global banking and markets for HSBC, where he spent eight months. Before that, he was also an executive director at Morgan Stanley as head of FX for North America and European operations and their global head of change.
Bal also has experience working at Accenture, UBS and IBM.