In Brief: Swift Names JPM Exec as Chairman

Published June 19, 2006, 1:00 a.m. EDT

Updated June 16, 2006, 7:03 p.m. EDT

1 Min Read

Swift, the Society for Worldwide Interbank Financial Telecommunication, has elected as its board chairman Yawar Shah, a JPMorgan Chase & Co. executive.

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Mr. Shah, who had been deputy chairman of the Swift board, succeeds Jaap Kamp. Mr. Kamp, an executive with ABN Amro Holding NV, had been the chairman of the Brussels-based organization's board for 12 years.

Mr. Shah is a JPMorgan Chase's global operations executive and the head of the New York company's worldwide securities services. His election as chairman of the Swift board was announced Thursday.

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