Mr. Ellery was promoted to the role of global head of foreign exchange at JPMorgan, succeeding Kahayn Mirza, who relinquished his role and headed to rival Goldman Sachs a year ago this March.
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Presently, JPMorgan has no succession plans in place to assume the outgoing Mr. Ellery. Furthermore, it is not known at this time where Mr. Ellery is headed – a former reunion with Kahayn Mirza at Goldman Sachs is a possible destination.
JPMorgan has made a series of executive moves thus far in 2015, with its most recent being the promotion of James Ferguson as its newest head of its global alternative investment services operations following a sixteen-year stint with the bank.