Deals & People April 25, 2007

Mollahan for Names Employee Benefit Investment Executive at JPMorgan

JPMorgan Worldwide Securities Services has named Edward Mollahan as employee benefit investment executive, a new position designed to help private and public institutions address growing requirements for benefit plan investment administration.
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According to the company, Mollahan will serve as a spokesperson on employee benefit investment administration industry issues, participate in key industry organizations and help lead business development efforts.

He will help create new products and services for the administration of defined benefit, defined contribution and health and welfare plans, the company said.

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“Employers are grappling with how to provide competitive, yet affordable retirement and benefit plans to their employees,” said Mark Kelley, head of JPMorgan’s U.S. Fund Services business. “In this new position, Ed Mollahan will help us expand fund services offerings and assist our clients in meeting the challenging demands of employee benefit administration.”

Mollahan joined JPMorgan in 1982 and has held various positions in pension-related areas, reaching senior vice president in 2001. He holds a Bachelor’s of Science in Business Administration from Wilkes University.

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