JPMorgan has hired Neven Graillat from BNP Paribas to head its new Sustainability Center within its sales and trading businesses. Graillat was appointed in a move expected to capitalize on the demand for environmental, social, and governance (ESG) products.
With companies embracing the greener plan, the center will provide market solutions. The bank expects an increase in demand for ESG products.
Graillat will focus on growth and will work within the bank's global solutions and structuring a business. He will report to Masi Yamada and Rui Fernandes. Both are co-heads of JPMorgan's investor structuring.
Focus On Growth
In a memo, Ben Keeping, JPMorgan's head of sales and marketing, said Graillat would be a key player in the bank's development.
The memo disclosed that Neven...
