New York, November 28th, 2018 – MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, is pleased to announce that John Sergides and Hideto Shimada will take on permanent roles as Chief Executive Officer and Chief Executive Officer & Chief Risk Officer respectively, effective January 1, 2019. Eiji Ihori, the current interim Chief Executive Officer, will return to his substantive role as Senior Managing Executive Officer, Mitsubishi UFJ Trust and Banking Corporation (MUTB).
Over the previous six months, John and Hideto have been operating as Deputy CEOs and leading the day to day running of the business. They will continue to serve in this capacity and focus on MUFG’s strategic growth plan, building a strong organization with exceptional service to clients.
In addition, Mike McCabe will assume the role of Head of Sales, Product and Marketing globally after serving as the interim lead over the last six months. Over the last two years, Mike has made a tremendous impact on MUFG, winning several critical mandates that have helped build momentum for the organization. His high-touch approach to addressing current and prospective client needs has helped us win the trust of our patrons and colleagues alike.
About MUFG Investor Services:
MUFG Investor Services provides asset servicing solutions to clients globally. Leveraging the financial and intellectual capital of MUFG – one of the largest banks in the world with $2.7 trillion in assets – we provide clients access to a range of leading solutions from fund administration, middle-office outsourcing, custody, foreign exchange, fund of hedge fund financing, trustee services and depository to securities lending and other banking services.
MUFG has 90 years of custody experience, 350 years of banking history and has run a global securities lending program for 20 years. MUFG currently provides administration services for over 2,400 funds across all investment strategies, asset types and fund structures. It has over $500bn in assets under administration. Visit: www.mufg-investorservices.com.
About MUFG (Mitsubishi UFJ Financial Group, Inc.)
MUFG (Mitsubishi UFJ Financial Group, Inc.) is one of the world’s leading financial groups, with total assets of approximately $2.7 trillion as of March 31, 2017. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with more than 2,200 offices in nearly 50 countries. The Group has more than 140,000 employees and about 300 entities, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group’s operating companies include MUFG Bank Ltd, Mitsubishi UFJ Trust and Banking Corporation (Japan’s leading trust bank), and Mitsubishi UFJ Securities Holdings Co., Ltd., one of Japan’s largest securities firms. Through close partnerships among our operating companies, the Group aims to “be the world’s most trusted financial group,” flexibly responding to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York (MTU) stock exchanges. Visit www.mufg.jp/english/index.html.