GLOBAL - In a move which illustrates the continuing trend for investment banks to encroach on what was traditionally consultant territory, JPMorgan has appointed Kevin Carter managing director and head of the investment bank's pension advisory group for Europe, the Middle East and Africa.
Carter, who won't start his new role until 1 November, joins from Watson Wyatt where he was a senior investment consultant and head of European investment practice from 2002.
Prior to this, Carter spent 16 years at Old Mutual plc as chief executive officer in the asset management division in the UK and then the US.
Carter will report to Ed Giera, global head of the pension advisory group at JPMorgan. He replaces Eric Viet, who left earlier this year.
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