MUFG appoints Co-Heads of new Global Structured Solutions function
3 April 2024 – MUFG has today announced the appointment of Terry McKay and Alex Pierre as Co-Heads of Global Structured Solutions (“GSS”). This new function combines the expertise of MUFG’s global corporate and investment banking (“GCIB”) with capabilities, such as sales and trading, financial structuring and solutions, from the Global Markets (“GM”) business group.
GSS, which will operate as a virtual team, will seamlessly integrate the operations of Global Financial Solutions in GCIB Americas and Structured Solutions in GM, effective April, 2024. This new team has been created to respond to the investment and financing needs of MUFG’s global institutional investor clients and financial sponsors, who require bespoke services to meet their demand for highly sophisticated financial solutions and investment products.
Terry McKay, current Head of Global Financial Solutions, GCIB Americas and President of MUFG’s Merchant Bank and CEO of MUFG Capital, Leasing and Finance Corp, and Alex Pierre, currently International Head of Structured Solutions and Regional Head of Sales and Trading for EMEA, will lead the new team as Co-Heads with the aim of building a global business using the integrated capabilities of GCIB and GM.
This initiative was supported by Fumitaka Nakahama, Group Head of GCIB Group, Hiroyuki Seki, Group Head of GM Business Group and Masashi Kanematsu, Deputy Group Head of GM Business Group.
Fumitaka Nakahama, Group Head of GCIB Group, MUFG, commented: “The creation of GSS is an innovative and strategic development in our global client offering. Terry and Alex are experienced leaders known for their abilities to build businesses and work successfully with clients. Creating an integrated team will allow us to allocate dedicated balance sheet to this important global business that can generate high returns and deepen our client relationships across the globe.”
Hiroyuki Seki, Group Head of GM Business Group, MUFG, said: “The GSS team will support growth and further collaboration across regions and businesses. We are excited to see the power of our GCIB and GM integration in action bringing increased value for clients. We wish Terry and Alex every success in their new roles.”
Press contact:
Oksana Poltavets
T: +1-646-767-1326
opoltavets@us.mufg.jp
About MUFG and MUFG Americas
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,100 locations in more than 50 countries. MUFG has nearly 160,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be “the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all 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 stock exchanges.
MUFG’s Americas operations, including its offices in the U.S., Latin America, and Canada, are primarily organized under MUFG Bank, Ltd. and subsidiaries, and are focused on Global Corporate and Investment Banking, Japanese Corporate Banking, and Global Markets. MUFG is one of the largest foreign banking organizations in the Americas. For locations, banking capabilities and services, career opportunities, and more, visit www.mufgamericas.com.