EXCLUSIVE: Challice to depart from J.P. Morgan 04 October 2023UK Reporter: Carmella Haswell
Image: J.P. Morgan
Ben Challice is to depart from J.P. Morgan Chase after six years of service at the firm.
Based in London, Challice is currently global head of Trading Services, securities finance.
At the firm, he has overseen a strategic transformation and a period of sustained growth of the business, with the bank reporting that 2023 is set to be another record revenue year across securities financing and collateral management.
Ed Bond will assume the role of global head of Trading Services following Challice’s departure. Bond has served at J.P. Morgan for the past decade, most recently positioned as APAC head of Trading Services in Hong Kong. He has worked in the UK, Australia, Singapore and Hong Kong during his career.
Bond will relocate to London from Hong Kong in the new year.
Challice joined J.P. Morgan from Pirum Systems in 2017, where he was most recently chief operating officer.
His experience in the securities lending industry spans more than 20 years, having held positions at Goldman Sachs, Lehman Brothers and Nomura.
During his time with J.P. Morgan, the firm won a number of awards at this year’s Securities Finance Times Industry Excellence Awards, including Global Lender of the Year and Collateral Solution of the Year.
Industry sources indicate that Challice will take a break from the industry following his departure from J.P. Morgan.
Patrick Moisy, head of Liquidity and Trading Services at J.P. Morgan, says: “The business has consistently hit key strategic milestones in support of our clients as their collateral and financing requirements have evolved, including solutions for impactful regulatory change, increased platform functionality, and notable innovations such as Collateral Transport and the launch of the Tokenized Collateral Network. I am incredibly grateful for his leadership, candour and friendship — he will be missed.”
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Image: J.P. Morgan 