JP Morgan shuffles Moore to global commercial card unit

November 7th, 2011 by | Posted under News.

JP Morgan Chase & Co. has selected Catherine Moore as head of its
international commercial-card unit, shifting the executive over from the
company’s international prepaid business. Moore had led the international prepaid business for the past one year. Before joining to JP Morgan in 2010, Moore was vice president of Europe, Middle East and Africa marketing and strategy at American Express Co.’s (AXP) global commercial-card business.
Moore replaces Catherine Luzio in the post; Luzio is now head of multinational subsidiary coverage in EMEA within J.P. Morgan’s global corporate bank, according to a spokesman for J.P. Morgan. In the latest quarter, J.P. Morgan’s card-services business saw income nearly triple as its provision for credit losses sharply declined.