By Sophie Sassard
LONDON (Reuters) - JP Morgan
Cristerna, 48, was previously head of M&A for Europe, Middle East and Africa, while Ventresca, 46, was head of M&A for North America. They will report to Jeff Urwin, global head of investment banking.
A spokeswoman for the bank confirmed the contents of the memo.
JP Morgan ranks second behind Bank of America Merrill Lynch
The investment bank has advised on some of the most significant transactions of the year, including the $28 billion acquisition of Heinz by 3G Capital and Berkshire Hathaway Inc
Most recently, Ventresca led Virgin Media's Liberty Global deal, as well as United Technologies Corp's
"With his 25 year career at the firm, Ventresca exemplifies a strong leader and partner through his proactive client work and employee mentoring," said the memo.
Cristerna has worked on numerous sizeable cross-border transactions, including DE Master Blenders'
"In his nearly 20 years with JP Morgan, Hernan has helped develop our global footprint with a range of relationships and leadership positions, notably in the consumer, retail and healthcare sectors," the memo said.
(Editing by Kylie MacLellan and David Holmes)