J.P. Morgan appoints former Goldman Sachs' Head of Research Sales

J.P. Morgan has confirmed to Industry Moves the appointment of Andrew Tanner as co-head of equity distribution, effective end of July 2017.

Tanner's experience in equities distribution has been gained over 20 years in senior roles at JBWere and successor firms. Prior to taking a sabbatical in 2016, he was head of research sales at Goldman Sachs and has also worked in sales trading, equity and hedge fund sales roles at GSJBWere in New York and Sydney.

Joining Tanner as co-head of equity distribution is Steve Maartensz, who was most recently Goldman Sachs' co-head of equities distribution for Australia and New Zealand. Maartensz and Tanner replace Malcolm Price.

In a statement, J.P. Morgan said: "Andrew and Steve bring a deep understanding of the Australian equity market and a broad set of well-established domestic client relationships following more than 35 years of combined experience."

The firm added: "Growing our equities franchise to fully capture the opportunities that exist for our business and build our market share into leadership positions remains a top priority for us. With ongoing investments in people, capabilities and technology, we're making good progress on this front in Australia and New Zealand."

Dyson Bowditch, former head of syndicate and head of equities at Goldman Sachs, will also join J.P. Morgan as head of syndicate for Australia and New Zealand.