JPMorgan Names New Global Co-Head of Blockchain Division

JPMorgan Chase & Co. has appointed a new global co-head of its blockchain division Kinexys.

Based in Edinburgh, Kara Kennedy will lead Kinexys alongside Naveen Mallela, according to a JPMorgan spokesperson. Kennedy will oversee Kinexys Digital Assets, which focuses on asset tokenization, and Kinexys Labs, which helps clients prototype blockchain projects. Mallela, who is based in Singapore, will continue to run the payments divisions, including Kinexys Digital Payments and Kinexys Liink.

Kennedy previously served as the executive director and head of digital asset product for JPMorgan’s security services business. Her appointment comes as blockchain initiatives among global ...