JP Morgan Asset Management named Dan Watkins CEO of the company's Asia Pacific region, Pensions & Investments reported Oct. 18, citing a company spokeswoman.

Watkins, who is the company's present global head of client services, will relocate to Hong Kong from London in late 2018. He will replace Michael Falcon, who is leaving the company after the transition period to assume the chairman and CEO roles at Prudential PLC's North American business.

JP Morgan Asset Management is the asset management arm of JPMorgan Chase & Co.