India-born woman to head JP Morgan's North America M&A

Financial giant JP Morgan Chase has elevated India-born Anu Aiyengar as co-head of mergers and acquisitions for North America, a media report said on Thursday.

Aiyengar and Henry Gosebruch, both 42 years old, will soon assume the newly created roles.

Aiyengar has worked on several of JP Morgan's biggest assignments in recent years, focusing on consumer, retail and financial institution deals, the New York Times reported.

Gosebruch, a German citizen, specialised in health care and biotech deals and among his recent mandates were advising Forest Laboratories' merger with Actavis and Merck's acquisition of Cubist Pharmaceuticals.