J.P. Morgan Asset Management Hires New Global Data Science Head, Arezu Moghadam

Rhea-AI Summary

J.P. Morgan Asset Management has appointed Arezu Moghadam as Managing Director and Global Head of Data Science, effective May 23, 2022. Based in New York, she will lead the development of AI and machine learning strategies aimed at enhancing data-driven investment decisions, client engagement, and operational efficiency. Moghadam joins from Point 72, where she was Head of Quantitative Analytics, and brings significant expertise with prior roles at Stone Ridge, Oppenheimer Funds, and Goldman Sachs. J.P. Morgan Asset Management manages $2.6 trillion in assets.

Positive

• Arezu Moghadam's expertise in AI and machine learning is expected to enhance J.P. Morgan's investment strategies.
• Her appointment signals a commitment to innovation in data-driven decision-making.

Negative

• Potential continuity concerns as a new leader may require time to align with existing team dynamics.

-Moghadam joins J.P. Morgan from Point 72-

NEW YORK, May 23, 2022 /PRNewswire/ -- J.P. Morgan Asset Management today announced that it has hired Arezu Moghadam as Managing Director and Global Head of Data Science.  Ms. Moghadam will be based in New York and reports to Kristian West, Head of the firm's Investment Platform team, which is focused on building and managing best in class capabilities, maximizing return on investment and leveraging the scale of J.P. Morgan to deliver exceptional outcomes to clients.  

In this role, Ms. Moghadam will lead the development of artificial intelligence and machine learning methods that will help drive innovative solutions for data-driven investment decision-making, improved client engagement and operational effectiveness. 

"We're very excited about the knowledge and experience that Arezu brings to our team of data scientists here at J.P. Morgan," said Kristian West, Head of Investment Platform for J.P. Morgan Asset Management.  "The application of AI and data science to our investment process is a critical value-add and differentiator for us and we look forward to innovating even more in this space."

Ms. Moghadam joins J.P. Morgan from Point 72, where she was Head of Quantitative Analytics for its Market Intelligence unit. Previously, she was Lead Quantitative Investment Researcher for Stone Ridge Asset Management. She has also held roles in Oppenheimer Funds' Global Multi Asset Group and Goldman Sachs' Global Portfolio Solutions. Ms. Moghadam has a PhD in Computer Science and M.Phil in Computer Science from Columbia University

About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of $2.6 trillion (as of 3/31/2022), is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity.

J.P. Morgan Asset Management is the marketing name for the asset management business of JPMorgan Chase & Co. and its affiliates worldwide.

JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America ("U.S."), with operations worldwide. JPMorgan Chase had $4.0 trillion in assets and $285.9 billion in stockholders' equity as of March 31, 2022. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management. Under the J.P. Morgan and Chase brands, the Firm serves millions of customers in the U.S. and many of the world's most prominent corporate, institutional and government clients globally. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com

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SOURCE J.P. Morgan Asset Management

FAQ

Who is Arezu Moghadam and what is her role at JPM?

Arezu Moghadam is the newly appointed Managing Director and Global Head of Data Science at J.P. Morgan Asset Management, responsible for leading AI and machine learning initiatives.

What impact does Arezu Moghadam's appointment have on JPM?

Her appointment is expected to enhance data-driven investment decision-making, improving client engagement and operational efficiency.

What was Arezu Moghadam's position before joining JPM?

Before joining J.P. Morgan, Arezu Moghadam was the Head of Quantitative Analytics at Point 72.

When was Arezu Moghadam appointed at JPM?

Arezu Moghadam was appointed on May 23, 2022.

What is J.P. Morgan Asset Management's assets under management?

As of March 31, 2022, J.P. Morgan Asset Management manages $2.6 trillion in assets.