Vanderweyen will also serve as managing director of the board for JP Morgan Bank Luxembourg.
According to JP Morgan, Vanderweyen’s expanded responsibilities include driving business development and providing business leadership while managing key clients and maintaining relationships with local regulators.
Additionally, Vanderweyen will be responsible for overseeing local corporate functions and infrastructure.
Vanderweyen was previously general manager of JP Morgan Bank Luxembourg and head of WSS Operations for Luxembourg, where he led the local teams in developing JP Morgan’s global footprint across its fund accounting and transfer agency departments.
Vanderweyen said Luxembourg offers huge potential for JP Morgan, their clients and the asset servicing market more generally.
"I am pleased to be leading JP Morgan Worldwide Securities Services in Luxembourg and look forward to continuing to build on the success of the business as we capitalize on the growth opportunities the market and our established expertise afford," Vanderweyen added.
