Clayton Rose, JP Morgan hedge fund boss, joins reinsurer
XL Capital has appointed Harvard Business School Professor of Management Practice Clayton Rose to its board.
Rose is a former executive of JP Morgan and headed each of the Global Investment Banking and the Global Equities Divisions, and served as member of the firm's executive committee.
He chairs the Board of Managers of Highbridge Capital Management, a $22bn hedge fund owned by JP Morgan Chase.
Unique perspective
XL’s Chairman Robert Glauber said: “We are fortunate to have Clayton join the board. He brings the unique perspective of a former senior officer of JP Morgan and of an outstanding teacher of business leadership and the management of financial institutions.
“The board will benefit from his broad experience as XL works to extend its recent history of success in confronting the global financial challenges.”