JP Morgan has named Daniel Zelikow as head of a new international public sector group within its global corporate bank. He will report to Greg Guyett, CEO of the firm's global corporate bank, and will be based in Washington, DC and New York effective August 30, 2010.

Mr Zelikow is presently executive vice president and chief operating officer at Inter-American Development Bank. Before that, he was a managing director in the government institutions group within JP Morgan’s investment bank.

Mr Zelikow has held various senior roles within the US Department of the Treasury, including deputy assistant secretary for Asia, the Americas and Africa. He headed the task force that oversaw the $20bn emergency financing program for Mexico in 1995, and, later, US financial support during the Asian and Brazil financial crises.

Mr Guyett said: “From his extensive career in public sector and banking roles, Daniel Zelikow brings a wealth of experience in the financial issues faced by sovereigns, central banks, sovereign wealth funds, development banks and other public sector entities around the world.

“We look forward to having him lead our newly created group, which will augment the efforts of public sector teams across the firm’s businesses to work together and execute well, as we expand our relationships and business with this important client base.”