JPMorgan Chase & Co named veteran Filippo Gori as its new Asia Pacific Chief Executive Officer to oversee strategy and operations of the Wall Street bank across 17 markets in the region, the bank said.

Gori, who has been with the bank for two decades, will take up the new role in addition to his current responsibilities as head of banking in Asia Pacific and Hong Kong chief executive, the statement added.

As the CEO of the APAC region, Gori will be overseeing JPMorgan’s strategy and operations for the bank across 17 markets in the region, according to an internal memo.

He takes over the Asia Pacific chief's role from Nicolas Aguzin, who has been named as the chief executive of the bank's international private banking business.

Gori spent seven years in Hong Kong and has held a number of roles within JPMorgan’s corporate and investment bank and in asset and wealth management.