J.P.Morgan Appoints Senior Banker to Lead Indian Operations

J.P.Morgan Asia Pacific today announced the appointment of Kalpana Morparia as Chief Executive Officer of the firm’s Indian operations. Ms Morparia joins J.P.Morgan from the senior management of the ICICI Group, India’s largest private sector financial services company.

Ms Morparia is vice chairman of the ICICI Group’s insurance, asset management and securities companies, and Chief Strategy and Communications Officer. She joined the board of ICICI Bank in 2001 and held the position of Joint Managing Director until last year, before assuming her current role with the group.

During her 33 year career with ICICI, Ms Morparia played an influential role in the firm’s expansion. Her term at ICICI Group placed her at the forefront of the transformational changes which have reshaped the country’s banking industry.