Jamie Dimon, chairman and CEO of J.P. Morgan Chase, has officially opened the bank's new Singapore office at CapitaSpring on June 8.
The ceremony was also graced by Tharman Shanmugaratnam, Singapore's senior minister and coordinating minister for social policies, and chairman of the Monetary Authority of Singapore, as well as J.P. Morgan’s Asia Pacific CEO Filippo Gori.
The new office, which occupies 155,000 square feet across seven floors, features advanced facilities such as real-time air quality sensors and automated sun screens, as well as enhanced amenities including a contemporary client centre, high-tech collaborative spaces, mini markets and wellness areas equipped with ergonomic resting pods.
J.P. Morgan's presence in Singapore was largely at Capital Tower.
In line with J.P. Morgan’s commitment to maintaining carbon neutral operations, the CapitaSpring building is a recipient of the Building and Construction Authority (BCA) Green Mark Platinum Award – one of the highest sustainability accolades that can be achieved in Singapore.
Aside from CapitaSpring, J.P. Morgan Singapore also operates from its Singapore Corporate Center, a global technology hub located in Changi.
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Dimon calls Singapore a key financial and technology hub for J.P. Morgan and is an integral part of the bank's growth story in Asia Pacific.
"Our move to this state-of-the-art workplace reiterates the firm’s commitment to this critical market and provides the opportunity to further secure our long-term growth and future in the country. The new office’s exceptional infrastructure and facilities will enable us to continue meeting the needs of our clients while providing our employees with a best-in-class working environment," he says.
Tharman says that Singapore’s growth as a financial centre has relied critically on the roles played by leading financial institutions like J.P. Morgan.
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"J.P. Morgan’s work at the forefront of sustainability and technology in finance has been very much aligned with our goal of meeting Asia’s needs in a new area of growth, and we look forward to deepening our collaboration as we meet this larger purpose," he adds.
Edmund Lee, J.P. Morgan Singapore's senior country officer says that this new office is built on the pillars of wellness, sustainability and collaboration.
"From the building selection to the use of innovation and technology, every decision made regarding its design and construction prioritizes the needs of our employees, as well as how the workplace environment will continue to evolve in the future. We are excited to embark on our next chapter of growth in this critical market," says Lee.