JPMorgan has hired Yanghui Wang, quantitative analyst at Lord Abbott, as v.p. covering market risk for equity derivatives in North America in New York. Bob Henderson, who had previously filled the role, has taken on responsibilities as head of foreign exchange and commodities derivatives research. The move was initiaited by Henderson's desire to step back into the FX arena, said an official familiar with the change.
David Kitson, who previously ran the derivatives research unit, structuring for foreign exchange and commodities and the firm's energy business, said he will relinquish his research duties in the move. Wang referred calls to Adam Castellani, spokesman in New York, who confirmed the hire. Jason Farago, spokesman at Lord Abbott in Jersey City, N.J., did not return calls.
