Roberts L. Grava joined J.P. Morgan Asset Management as a managing director with the firm's strategy group, focused on investment policy issues facing sovereign wealth funds, central banks and other institutional investors, according to a news release.
The position is new.
Mr. Grava was the director of quantitative strategies, risk and analytics at the World Bank, providing “advisory services for more than 40 central bank, national pension fund and sovereign wealth fund clients, and middle office support for global fixed income and multiasset investment portfolios,” according to the release.
A World Bank spokeswoman confirmed Mr. Grava's departure, but declined to say whether he had been replaced.
Mr. Grava is coming to J.P. Morgan Asset Management from the World Bank for the second time. According to the news release, he left the World Bank's treasury department, where he was a principal financial officer, to serve as a senior client portfolio manager in fixed income at J.P. Morgan from 2007 to 2010.