JPMorgan has added two managing directors and one v.p. to its securitized product group. David Duzyk, a managing director and head of non-mortgage asset-backed finance with RBS Greenwich Capital in Greenwich, Conn., and Stan Labanowski, a senior v.p. in the mortgage group at Lehman Brothers, join as managing directors. Duzyk will head term asset-backed security and mortgage-backed security origination in New York, while Labanowski will head prime banking in the asset-backed group in New York. He will be in charge of originating and structuring prime quality mortgages.
Duzyk will report to Bill King in New York and Christine Cole in Chicago, who run the securitized product group, which includes ABS, MBS and commercial mortgage-backed securities. Labanowski will report to Duzyk. Rosa Hyun, who was v.p. in the consumer asset-backed finance group at RBS, was brought on as v.p. in New York, reporting to Labanowski. Michael Dorfsman, spokesman, confirmed the hires.
