Two United States investment banks announced yesterday they had filled vacant regional strategist's positions. JP Morgan said it had recruited Adrian Mowat from independent investment firm Martin Currie to take over from Dan Fineman, while Morgan Stanley announced it had promoted Norman Villamin from his position as head of Singapore research to regional strategist. Mr Villamin will take over from Ajay Kapur, who was headhunted by Salomon Smith Barney in March. In addition to recruiting Mr Mowat, JP Morgan said yesterday that it had recruited Chris Gee from ING Financial Markets to become a Singapore strategist and Winnifred Heap from HSBC Securities to cover Singapore conglomerates. 'We have a few other additions to announce in the coming weeks, but we are fast approaching the completion of our build-out in the region,' JP Morgan regional equity research head Peter Redhead said. The bank's recent aggressive round of hiring has snared Xen Gladstone from ING to head Hong Kong research, Bhavin Shah from Credit Suisse First Boston to oversee technology research and Edison Lee from CLSA Emerging Markets to head telecommunications coverage.