J.P. Morgan & Co. of New York has named Ronald R. Dewhurst head of institutional investment management services in the Americas, effective Feb. 2.

In the newly created position, Mr. Dewhurst, 48, will oversee the day-to-day operations of J.P. Morgan's institutional investment management business - which comprises investment strategy, client relations, and products such as retirement plan services and mutual funds - in the United States, Canada, and South America.

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