People: JP Morgan promotes from within for global equity derivatives structuring role

JP Morgan has promoted Rui Fernandes (pictured) to head of global equity derivatives structuring. In this newly created role, Fernandes will lead the bank's innovation and product delivery capabilities across the spectrum of equity derivative products. Fernandes, who will report to Fater Belbachir , global head of equities volatility trading, joined JP Morgan 11 years ago, and was most recently head of Europe, Middle East and Africa (Emea) structuring, a role which will now be taken up by Arnaud