SINGAPORE, March 16 (Reuters) - JPMorgan Chase & Co's
head of Southeast M&A, Ee Ching Tay, has resigned from
the bank to lead Southeast Asia investment banking at Barclays
Plc, three sources aware of the matter told Reuters on
Tuesday.
Singapore-based Tay, currently on gardening leave, has been
with JPMorgan for a decade and previously worked in the M&A team
at UBS in New York and at other firms including
Standard Chartered.
The sources declined to be identified as they were not
authorised to speak to the media.
JPMorgan and Barclays declined to comment.
At Barclays, senior banker Sandeep Pahwa who is vice
chairman and head of Asia Pacific client coverage, will become
chairman, while handing over the Southeast Asia responsibilities
to Tay, one of the sources said.
Pahwa, a veteran banker, who started off as a technology
investment banker at JPMorgan in New York in 1995, has been with
Barclays for more than a decade.
Bloomberg News reported Tay's move earlier on Tuesday.
(Reporting by Anshuman Daga, editing by Louise Heavens)