JP Morgan Chase & Company is carrying out a complete
re-organisation of its UK and European communications function just four
months after the last PR overhaul.
The bank - formed by the merger between JP Morgan and Chase Manhattan
last year - is reviewing its PR department structure to follow changes
made in the US.
No formal announcement has yet been made, but a question mark is
understood to hang over the future of the current EMEA communications
The position is held by Christine Holgate, whose future role remains in
doubt. She was unavailable for comment as PRWeek went to press.
Holgate was appointed MD of marketing and communications, EMEA, for the
merged entity last November during the initial PR review.
It is understood her post will be scrapped amid the shuffle, which will
see three senior communications posts created instead, reporting
directly to the US.
UK head of media relations John Anderson said the aim is to create a
global communications structure.
'The alignment is going to be carried out to make the structure reflect
that which is in place in New York,' said Anderson - formerly Chase
Manattan's head of communications for Europe and Asia.