J.P. Morgan managing director to retire

Andrew Best will retire after more than 30 years with J.P. Morgan.

A spokesperson from the organisation confirmed the departure to Industry Moves.

Best has worked with the firm in several locations, including London, Singapore, Hong Kong, and Sydney.

J.P. Morgan has appointed joint heads of investment banking to replace Best, Jabe Jerram and Simon Ranson.

This story will be updated as we receive more information.