JPMorgan Names Marco Baggioli Head Of ADR EMEA.Business Editors LONDON--(BUSINESS WIRE)--Jan. 31, 2003 JPMorgan announced today the appointment of Marco Baggioli as vice president and head of its American Depositary Receipt American Depositary Receipt (ADR) Certificates issued by a US depository bank, representing foreign shares held by the bank, usually by a branch or correspondent in the country of issue. (ADR ADR - Astra Digital Radio ) Group for Europe, Middle East and Africa (EMEA (Europe, Middle East, Africa) Refers to that region of the world. For example, one might see products packaged differently for the UK, EMEA and Asia Pacific markets. ). Mr. Baggioli, with 13 years experience managing global securities service businesses with leading financial institutions, is responsible for sales, marketing and client relationship management. He is based in London. "We are extremely pleased to welcome Marco to JPMorgan to head-up and expand the single largest division in our ADR business," said Patrick Colle, global head of JPMorgan's ADR Group. "Marco has a demonstrated record of establishing and growing global securities businesses, and we are confident in his ability to strategically execute the next leg of our expansion in the EMEA region where we have a client base of more than 150 of the region's most prominent ADR issuers." Prior to joining the bank, Mr. Baggioli was a director of sales and marketing for Merrill Lynch's EMEA securities services division in London. Previously, he was general manager and executive director for Monte Titoli S.p.A., the Italian Central Depositary and a member of the executive committee of ECSDA ECSDA European Central Securities Depository Association (stock market) , the European Central Securities Depositories Association. He has headed product development and new business strategy posts for BNP Paribas BNP Paribas (Euronext: BNP, TYO: 8665 ) is one of the main banks in Europe and France. It was created on 23 May 2000 through the merger of Banque Nationale de Paris (BNP) and Paribas. in London, Paris and Milan. Prior to that, with JPMorgan in Milan, he initiated the company's multi-direct custody & clearing services business in the Italian market. Throughout his career, Mr. Baggioli has lectured at industry conferences and contributed to professional publications on topics such as cross-border market integration and the consolidation of European exchanges. Mr. Baggioli graduated from Universita Bocconi in Milan with degrees in economics and business administration. J.P. Morgan Chase & Co. is a leading global financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firm with assets of $759 billion and operations in more than 50 countries. The firm is a leader in investment banking, asset management, private banking, private equity, custody and transaction services and retail and middle market financial services. A component of the Dow Jones Industrial Average Dow Jones Industrial Average The best known U.S. index of stocks. A price-weighted average of 30 actively traded blue-chip stocks, primarily industrials including stocks that trade on the New York Stock Exchange. , JPMorgan Chase is headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and serves more than 30 million consumer customers and the world's most prominent corporate, institutional and government clients. For more information, visit jpmorganchase.com and JPMorgan's adr.com, the central source for information on ADRs and international equities. JPMorgan's ADR business is the market leader, accounting for 44% of the ADR market's capitalization. JPMorgan's Global ADRenalin equity research is available through the Bloomberg Professional(R) service under "ADRJ." The pricing and constituent list for the S&P ADR Index, an investable ADR index ADR Index A market-capitalization-weighted index that tracks all depositary receipts traded on the New York Stock Exchange, the American Stock Exchange, and Nasdaq. developed with JPMorgan, is available at adr.com and spglobal.com. www.jpmorganchase.com |
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