Elizabeth Nolan to Join Deutsche Bank From J.P. Morgan

J.P. Morgan executive Elizabeth Nolan is set to depart the corporate and investment bank’s investor services team to take up the role of head of custody and clearing at Deutsche Bank.

Nolan’s appointment, effective January 1 2015, follows the launch of Investor Services within the Institutional Cash & Securities Services business of the Global Transaction Banking division at Deutsche Bank.

Nolan has spent 12 years at J.P. Morgan where she has held senior leadership roles across securities services, most recently heading Client Services & Client Onboarding globally for Markets & Investor Services. Before that, she was the Global Business Executive Alternative Investment Services and Head of Worldwide Securities Services EMEA & APAC following senior roles in J.P. Morgan’s Clearance and Collateral & ADR businesses. Prior to re-joining J.P. Morgan, Nolan spent over 20 years, primarily in senior securities services roles at Merrill Lynch, BNP Paribas, J.P. Morgan, Chase Manhattan Bank and Barclays Bank.

Based in London, Nolan will report to Raphael Moral, who assumed leadership of the new investor services division earlier this year. Nolan will also be a member of the Investor Services Senior Management Forum.

“Liz’s deep and broad expertise in the securities services space will not only help us continue to grow our custody and clearing business, but also drive even more collaboration and synergies across the entire Deutsche Bank franchise so that we can deliver ever more integrated solutions to our clients,” says Moral.
A spokesperson for J.P. Morgan declined to comment.