Alejandro Vicente is stepping down as European head of consumer investment banking at JPMorgan to take a new role working with JAB, the holding company of Germany’s billionaire Reimann family, reports the Financial Times.
He will be replaced by Camillo Greco, the bank’s co-senior country officer for Italy says the daily quoting people familiar with the moves.
According to the FT, Mr Vicente is going to work on corporate strategy and transactions at JAB, which last week struck its latest deal with the $1.35bn takeover of Krispy Kreme, the US purveyor of doughnuts and coffee.
Mr Vicente could not be reached for comment concluded the daily.
