Javier Martin-Artajo

One of the main Spanish managers of the City of London could lose his position at JP Morgan as one of those responsible for the unit that has lost more than 2,000 million (1,562 million euros) to perform various operations in high risk market, as you can read today Expanding Orbyt.

Javier Martin-Artajo is director of the office of chief investment officer (CIO) of JP Morgan, and has responsibility for the positions in fixed income, interest rates, credit, currency and equity that assumes that department in Europe.
According to sources close to the bank, Martin-Artajo is the immediate superior of Iksil Bruno, the trader known as the "London Whale" by the huge positions he took in some credit and financial products that have generated some of losses.

Martin-Artajo, who is an engineer by ICAI School of Madrid and an MBA from Columbia University in New York, works at JP Morgan since 2005. By joining this organization, was responsible for investments in businesses or assets or solvency problems in the process of restructuring in the real estate and energy.
Between 2002 and 2005, the Spanish government was global head of credit derivatives at Dresdner Kleinwort . In this bank coincided with Achilles Macris, who is now his boss at JP Morgan as head of the CIO area in Europe. It is speculated that Macris could also lose his job. Ina Drew, global director of investment at JP Morgan, announced his departure from the bank.

Prior to its passage by Dresdner, Martin- Artajo was  emerging markets trader at Lehman Brothers. Some Spanish who work in the City indicate that  Martin-Artajo is a very discreet about 40 years old and living in Kensington & Chelsea, a neighborhood preferred by Europeans living in London.
According to some sources, his uncle was Alberto Martin-Artajo , who was Spanish Foreign Minister between 1945 and 1957.


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