JPMorgan recently hired Jason Sippel, director and structurer at Gen Re Securities in Tokyo, as a v.p. in the credit and rates markets group in Tokyo. He reports to Ashley Bacon, Asian head of rates markets in Tokyo, who said Sippel's role within the group is still under discussion. "We're still figuring out his position. He's a talented guy, there's a lot of jobs that he could do." He added, Sippel is an opportunistic hire and may focus on either fixed-income or credit derivatives products.
Sippel said he will continue to focus on structuring but declined to elaborate. At Gen Re, Sippel reported to Naoki Inoue, branch manager in Tokyo. Inoue declined comment.