HONG KONG, April 12 (Reuters) -

JPMorgan Chase has appointed Florence Kui as the head of China markets for the bank's private bank business, it said on Friday.

Kui will join the bank at end of May, and will be based in Hong Kong. She will report to Harshika Patel, CEO of JPMorgan's private bank business and its Hong Kong CEO, it said in a statement.

Kui most recently was the chief operating officer of Goldman Sachs' asset management business after a 25-year tenure with the bank. She currently chairs the Finance Committee of the Private Wealth Management Association in Hong Kong, the statement said.

Kui's predecessor, Grace Lin, will retire from her role in mid-2024, the statement said.

She joins J.P. Morgan Private Bank as managing director and will be responsible for leading and growing the regional team serving the diverse offshore wealth needs of ultra-high-net-worth clients in China, it said. (Reporting by Xie Yu; Editing by Varun H K)