Standard Chartered Plc hired Liam Pepper from JPMorgan Chase & Co. to lead the agriculture sales team as the bank is expanding its commodity business.
Singapore-based Pepper started this month and reports to Tim Wilson, who oversees global commodities sales, the bank said today in a statement. Pepper was with JPMorgan since 2009 where he marketed agricultural derivatives and commodity-related financing in the Asia-Pacific region, according to the statement.
The bank’s agricultural business is focused on risk management and financing of farm products such as palm oil, grains and sugar, Wilson said in a separate e-mailed reply to questions. He also joined the bank from JPMorgan last year.
Pepper worked at National Australia Bank Ltd. before joining JPMorgan, according to Standard Chartered.