JPMorgan Chase & Co. has appointed Carsten Woehrn as co-head of its mergers and acquisitions business in Europe, the Middle East and Africa, following a reshuffle of its leadership in the region.
(Bloomberg) — JPMorgan Chase & Co. has appointed Carsten Woehrn as co-head of its mergers and acquisitions business in Europe, the Middle East and Africa, following a reshuffle of its leadership in the region.
Woehrn, who joined the bank in 2000 as an analyst, will lead the M&A business in EMEA alongside Dwayne Lysaght, according to an internal memo sent on Tuesday and seen by Bloomberg News.
He will replace Guillermo Baygual, who is taking on a new role leading industry coverage of the consumer and retail sectors. Baygual will also co-head an industry group covering real estate and infrastructure, according to the memo.
A spokesperson for JPMorgan confirmed the contents of the memo.
JPMorgan is one of the top M&A advisers across EMEA. This year, it’s worked on deals including the sale of Glencore Plc-backed Viterra for $8.2 billion to US agribusiness Bunge Ltd., and Carrier Global Corp.’s €12 billion ($12.7 billion) acquisition of most of family-owned manufacturer Viessmann.
Woehrn was most recently head of JPMorgan’s strategic investments group M&A franchise in EMEA. His promotion follows a raft of new management appointments by JPMorgan to lead industry coverage groups within its investment bank.
(Adds detail on JPMorgan reshuffle in final paragraph.)
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