(Bloomberg) -- JPMorgan Chase & Co. has appointed Carsten Woehrn as co-head of its mergers and acquisitions business in Europe, the Middle East and Africa, following a reshuffle of its leadership in the region.

Woehrn, who joined the bank in 2000 as an analyst, will lead the M&A business in EMEA alongside Dwayne Lysaght, according to an internal memo sent on Tuesday and seen by Bloomberg News.

He will replace Guillermo Baygual, who is taking on a new role leading industry coverage of the consumer and retail sectors. Baygual will also co-head an industry group covering real estate and infrastructure, according to the memo. 

A spokesperson for JPMorgan confirmed the contents of the memo.

JPMorgan is one of the top M&A advisers across EMEA. This year, it’s worked on deals including the sale of Glencore Plc-backed Viterra for $8.2 billion to US agribusiness Bunge Ltd., and Carrier Global Corp.’s €12 billion ($12.7 billion) acquisition of most of family-owned manufacturer Viessmann.

Woehrn was most recently head of JPMorgan’s strategic investments group M&A franchise in EMEA. His promotion follows a raft of new management appointments by JPMorgan to lead industry coverage groups within its investment bank.

(Adds detail on JPMorgan reshuffle in final paragraph.)

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