On Thursday, JPMorgan Chase & Co named veteran Filippo Gori as its new Asia Pacific CEO; he will oversee strategy and operations across seventeen markets in the region.

Gori, who has stuck with the bank for the last twenty years, will take up the new role in addition to his current responsibilities as the head of banking in Hong Kong and in the Asia Pacific region, said the bank in a statement.

Gori replaces Nicolas Aguzin as the CEO of JPMorgan Chase & Co in the Asia Pacific region.

Aguzin has been named as the chief executive of the bank’s international private banking business.

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