Global Custodian is pleased to announce that Hannah Elson, global head of custody at JP Morgan, has won the coveted annual Industry Person of the Year award, announced last night at the Leaders in Custody awards.
Elson prevailed over the three other nominees – Sachin Mohindra of Goldman Sachs, Gabino Roche of Saphyre and Sam Riley of Clearstream – who had been shortlisted for the honour recognising individuals who have gone above and beyond in their role over the past 12 months.
Elson has spent 25 years with JP Morgan and in 2021 stepped up to one of the custodian’s most prominent roles within its securities services business – global head of custody. Since then, the results have spoken for themselves with double-digit revenue growth, significant mandate wins and marks made in key regional areas of focus for JP Morgan’s custody business.
Upon taking the global head of custody role two years ago, Elson set out the strategic vision and multi-year plan for the business, part of which included ways to drive driving scale and modernise the custody business.
During her tenure with JP Morgan, Elson has built up established a reputation for building strong and diverse teams and expertly navigating complex business and market events.
She is a prominent mentor and advocate for women in the securities industry, and leads on the JP Morgan’s wellness and philanthropy efforts, developing partnerships with local organisations and non-profits supporting diversity, inclusion and mental health.
“This award is a testament to the strong team with deep industry experience that we have built at JP Morgan,” said Elson. “I really appreciate the recognition from Industry peers and friends, and would like to congratulate my fellow nominees for their significant accomplishments over the past year.”
The win follows back-to-back Industry Person of the Year award victories for BNY Mellon after Caroline Butler picked up the honour in 2021 and Roman Regelman received the recognition in 2022.
The honour is now handed out three times a year – in London during May for custody, market infrastructure and technology, in Singapore during the same month for achievements in the Asia Pacific region, and November in New York for fund services.
Previous winners of the award have also come from Northern Trust, Citi, Deutsche Bank, Intertrust Group and Digital Asset.
Given the many, many thousands of senior executives across the asset servicing industry, just making the shortlist is an incredible accomplishment, so Global Custodian would like to congratulate all of this year’s nominees.