JPMorgan Opens Polish Operations Center

July 2, 2008
JPMorgan Treasury Services' Global Trade Services business has opened an operations center in Bydgoszcz, Poland to serve existing and new clients in Europe, the Middle East and Africa (EMEA)

JPMorgan Treasury Services' Global Trade Services business has opened an operations center in Bydgoszcz, Poland to serve existing and new clients in Europe, the Middle East and Africa (EMEA).

The operations center will provide full back office support for JPMorgan’s trade finance and logistics clients in EMEA. It will also help support JPMorgan Treasury Services’ expanding business within Poland. Heidi Miller, chief executive officer of JPMorgan’s Treasury & Securities Services business, and Maciej Grzeskowiak, the Vice Mayor of Bydgoszcz, conducted the official opening. Polish Chamber of Commerce representatives were also in attendance.

“As we looked to grow our trade finance and logistics businesses in Europe, we needed a dedicated center of excellence from which to service these clients,” said Alexander Caviezel, EMEA Regional Executive, JPMorgan Treasury Services. “Bydgoszcz will be an important center for our global trade business going forward, as well as a gateway for our business into eastern Europe.”

"We are very enthusiastic about JPMorgan's investment in Bydgoszcz,” commented Konstanty Dombrowicz, Mayor of the City of Bydgosczc.

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