JP Morgan Private Bank has appointed Pablo Garnica, currently the general manager for JP Morgan Suisse in Geneva and head of the firm’s Europe-based client business, as head of the private bank for EMEA. He replaces Emilio Saracho.

Mr Garnica will continue to be based in Geneva and will travel extensively while remaining general manager for JP Morgan Suisse.

Mr Saracho was appointed in 2005 and will leave the firm in February.