JPMorgan Chase & Co. is hiring Tahir Zafar, Nomura Holdings Inc.’s international head of artificial intelligence strategy, according to people familiar with the matter. The move comes as JPMorgan increases recruitment of AI specialists aimed at improving productivity. Bloomberg reports the hiring plan, and The Next Web adds that Zafar is based in Singapore and joined Nomura in late 2023. It also states he was promoted to his current international AI strategy role in March 2025. The Next Web reports that Zafar is expected to begin at JPMorgan around July, after completing a transition period. Both accounts frame the decision as part of JPMorgan’s broader effort to strengthen its AI capabilities and staffing. The sources do not provide further details on Zafar’s specific responsibilities at JPMorgan or the size and scope of the bank’s overall AI hiring beyond its emphasis on productivity-related goals.