J.P. Morgan Commercial Banking Announces New Global Head of ABL

J.P. Morgan announced that Andrew (“Drew”) Ray has been appointed as the new global head of Asset Based Lending (ABL) within Capital & Advisory Solutions, Commercial Banking.

Ray brings over 18 years of experience at the firm, having held leadership roles in ABL originations, syndications and portfolio management.

He most recently led the Global Corporate & Syndicated ABL team, driving the origination and execution of syndicated ABL loans and championing talent development across the business.

Ray holds a bachelor’s degree in finance from the University of Texas and is a member of the Finance Committee for Texas Exes, the university’s alumni association.