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J.P. Morgan Names Ray Global Head of Asset-Based Lending

With nearly two decades at the firm, Ray steps into the top ABL role after leading its global syndicated lending efforts.

byRita Garwood
September 19, 2025
in News, People

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

Ray brings more than 18 years of experience at the firm, where he has held leadership roles in ABL originations, syndications and portfolio management. Most recently, he led the Global Corporate & Syndicated ABL team, driving the origination and execution of syndicated ABL loans and championing talent development across the business, according to a J.P. Morgan spokesperson.

Ray earned his bachelor’s degree in finance from the University of Texas and is active with his alma mater as a member of the Finance Committee for Texas Exes, the university’s alumni association.

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