No proof were needed that senior bankers never really retire – they just sit in their gardens waiting to be headhunted: Just seven months after stepping down as general manager of the Bank of International Settlements in Basel, Switzerland, Andrew Crockett has been lured out of retirement by JPMorgan Chase to take up a senior role with its financial institutions group in Asia. The 60-year-old will be based in New York but will be a “frequent visitor” to Asia, according to JPMorgan, and began his new job last month with visits to Hong Kong, Korea, Singapore and Taiwan.
November 01, 2003