Carlos Varela da Costa, Managing Director of JP Morgan Asset Management, has assumed the management and direction of the firm’s business with institutional clients in Latin America.
In his position, as Head of Institutionals for the region, Varela will provide advice to central banks, sovereign funds, supranational organizations, pension funds and insurance companies in LatAm.
The JP Morgan executive is also in charge of the development of the asset management business in Mexico.
Varela, based in New York, has an extensive career of more than 20 years at JP Morgan, where his stage as Executive Director, Head of Sales Iberia, between 2009 and 2015, particulary stands out.
For Funds Society, Madrid