JPMorgan Chase Vice Chairman, Investment Banking, Asia Pacific Appointed to USIBC Board of Directors
Published In: Business, District of Columbia, India 
Thursday, June 5, 2008 12:30 AM
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WASHINGTON, June 5 /PRNewswire/ -- The U.S.-India Business Council (USIBC)
is pleased to announce the appointment of Anil Bhalla, Vice Chairman,
Investment Banking - Asia Pacific, of JPMorgan Chase to its Board of
Directors.

The U.S.-India Business Council is the premier business advocacy
organization representing 280 of the largest U.S. companies investing in
India, joined by two dozen of India's largest global companies. USIBC's
mandate is to strengthen U.S.-India commercial ties.

JPMorgan Chase has a long history in India with its first operations in
the country dating back to 1945. Today its business footprint in India covers
the full range of its wholesale financial services including M&A advisory,
equity and debt capital markets, FX and derivatives, ADRs, cash equity, fixed
income and equity research, asset management, treasury and securities services
and private equity. JPMorgan Chase also has business services operations in
Mumbai and Bangalore that support its global lines of businesses.

"Anil Bhalla's financial sector background and expertise, combined with
his close affiliation with the U.S.-India Economic Dialogue (CEO Forum), will
strengthen the U.S.-India Business Council's capabilities to advance
initiatives in the very sector that must attract the massive capital flows
that will build-out India's infrastructure. We are delighted to have someone
of Anil's stature and reputation as a member of the USIBC Board," said U.S.-
India Business Council Chairman Indra Nooyi.

Commenting on his appointment, Mr. Bhalla said, "I am honored to be
invited to join the USIBC Board. We are witnessing a historic transformation
in the relationship between the U.S. and India with a broadening of the
business and commercial engagement between the two countries. I hope that
through my work with USIBC, I can contribute in some small measure to the
growth of trade and investment between these two great democracies that share
such a depth of entrepreneurial talent between them."

Appointed as Vice Chairman, Investment Banking, Asia Pacific in March
2008, Mr. Bhalla is actively involved with the firm's senior client
relationships in the Asia Pacific Region, and manages the bank's business with
the North American operations of Asia Pacific companies and financial
institutions. Mr. Bhalla has been with JPMorgan and its heritage banks since
1979, and has spent his entire banking career in Investment Banking and Global
Capital Markets with senior assignments in New York, India, Hong Kong, Tokyo
and London. He received a B-Tech in civil engineering from the Indian
Institute of Technology, New Delhi in 1969 and an MBA from Carnegie Mellon
University, Pittsburgh in 1971. Mr. Bhalla is a member of the Board of the
Korea Society based in New York.

In addition to his business involvement with India during his banking
career, including his assignment as Senior Country Officer for India, Mr.
Bhalla has been actively involved in working with and supporting the Co-Chairs
and the members of the U.S.-India CEO Forum set up by President Bush and Prime
Minister Manmohan Singh, which has been operating since 2005.


JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services
firm with assets of $1.6 trillion and operations in more than 60 countries.
The firm is a leader in investment banking, financial services for consumers,
small business and commercial banking, financial transaction processing, asset
management and private equity. A component of the Dow Jones Industrial
Average, JPMorgan Chase serves millions of consumers in the United States and
many of the world's most prominent corporate, institutional and government
clients under its JPMorgan and Chase brands. Information about the firm is
available at www.jpmorganchase.com .


The U.S.-India Business Council (USIBC), formed in 1975 at the request of
the Government of India and the U.S. Government to advance commercial ties
between the world's two largest free-market democracies, is hosted under the
aegis of the U.S. Chamber of Commerce. The U.S. Chamber of Commerce is the
world's largest business federation representing more than 3 million
businesses and organizations of every size, sector and region. The U.S.-India
Business Council celebrates its 33rd Anniversary at the U.S. Chamber of
Commerce on June 12, 2008 in Washington, D.C.


www.usibc.com


SOURCE U.S.-India Business Council


 
Thursday, June 5, 2008 12:30 AM

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