Kane, who replaces Tim Gandy, joined JP Morgan in 1987 and held a variety of roles across the firm, leading teams in finance, operations and technology, and bringing new client business into the firm.
Based in JP Morgan’s Bournemouth office, Kane became head of global custody operations in 2006 leading the development of WSS’ global operating model across Dallas, Bournemouth, Mumbai and Bangalore during the time where the company’s assets under custody rose to $16.9 trillion.
JP Morgan head of the investor services business within WSS Nick Rudenstine said, "David’s deep understanding of our business, clients and role as a Trustee make him the ideal successor to Tim."
WSS has $17.9 trillion in assets under custody and $7.3 trillion in assets under administration.
