JP Morgan Treasury Services has appointed Mark Wuscher as Asia Pacific segment head for corporates. Based in Hong Kong, Mr Wuscher will have oversight of the sales, product management and client service organizations, covering JP Morgan's multinational and local corporate clients.

Mr Wuscher has previously held senior positions in transaction banking, including corporate sales and trade product management roles in Seoul, Taipei and New York.

Simon Jones, regional treasury services executive – Asia Pacific at JP Morgan, said: “As we grow our business in the region, our treasury services segment organization will play a vital role in achieving our strategic goals.

“Our corporates segment is of critical importance to us as our client base has been rapidly increasing, and it will also be instrumental in the ongoing build-out of JP Morgan’s global corporate bank as the firm is looking to strategically expand its corporate client franchise outside the US. I believe that Mr Wuscher will be a great asset to our team.”