NEW YORK, May 17, 2018 /PRNewswire/ -- Mitsubishi UFJ
Financial Group, Inc. (MUFG), one of the world's leading financial
institutions, today announced that Jon
Lindenberg has been promoted to Head of Investment
Banking for the Americas.
Mr. Lindenberg, who previously was the Deputy Head of Investment
Banking and Head of Structured Finance, will report to
Kevin Cronin, MUFG's Head of
U.S. Wholesale and Investment Banking for the Americas. Mr.
Lindenberg succeeds Fumitaka "Hama" Nakahama, who will
return to Tokyo as Head of the
Global Corporate and Investment Banking Planning division,
effective July 1.
"This is a well-deserved promotion for Jon," said Mr. Cronin.
"With more than 30 years of experience and a strong record of
accomplishment, I am confident he can successfully lead our
investment bank on the next phase of its journey.
"At the same, we will miss our friend, Hama, who oversaw
numerous significant advances in investment banking areas such as
Project Finance, Funds Finance, and Collateralized Loan Obligations
(CLO) warehousing during his tenure with MUFG Americas," Mr. Cronin
added. "Hama has consistently demonstrated his unwavering
commitment to the bank, our clients, and our colleagues. I am
comforted by the fact that his considerable talents will continue
to be utilized on behalf of MUFG's global franchise."
MUFG also announced other moves within its Investment Banking
group:
- Shinichi Sato, currently
Deputy General Manager of MUFG's Investment Banking Credit Division
in Europe, the Middle East and Africa, will relocate from London to New
York to take over as Deputy Head of Investment Banking for
the Americas; and
- Erik Codrington, a
Managing Director in the Structured Finance group, has been
appointed Head of Structured Finance.
Messrs. Lindenberg and Codrington began their new roles on
May 15, 2018; Mr. Sato's new
responsibilities become effective as of June
8, 2018.
Under Mr. Lindenberg's leadership since 2012, the Structured
Finance franchise has topped the Thomson Reuters league tables for
the last nine years. Other notable achievements attained during his
time as Head of Structured finance include:
- Placing No. 1 in Project Finance International's
rankings for Top Bond Arranger in 2017;
- Being selected as Global Bond House of the Year and Corporate
Issuer of the Year for 2017 by Project Finance
International; and
- Being recognized as 2017's Top Lead Arranger for clean energy
and energy smart technologies financings by Bloomberg New Energy
Finance for the second consecutive year, and the sixth time in
the past eight years.
Named Deputy Head of Investment Banking for the Americas in
2016, Mr. Lindenberg joined MUFG in 2009 after spending 18 years
with Citigroup. He earned a B.S. in Economics, with high
distinction, from Indiana University;
and has an MBA, with highest honors, from the University of Michigan's Graduate School of
Business.
Mr. Sato has worked in a number of corporate and investment
banking areas, and in several securities businesses including
securitization, aviation, and debt research over the course of his
24-year career at MUFG. He received a Master's degree in Finance
with a concentration in Financial Engineering from London Business School, and earned an MBA with
distinction from the University of
Oxford.
Mr. Codrington has more than 25 years of experience in financing
large-scale energy and infrastructure projects throughout the
Americas, including advisory, debt capital markets, and syndicated
loans. Mr. Codrington joined MUFG in 2011 after working at
Citigroup and JPMorgan; he also served four years as an officer in
the U.S. Navy. He is a graduate of
Cornell University, and earned an MBA
from The Fuqua School of Business, Duke
University.
Both Messrs. Sato and Codrington will report to Mr.
Lindenberg.
About MUFG Americas Holdings Corporation
Headquartered in New York, MUFG
Americas Holdings Corporation is a financial holding company, bank
holding company and intermediate holding company with total assets
of $157.3 billion at March 31, 2018. Its main subsidiaries are MUFG
Union Bank, N.A. and MUFG Securities Americas Inc. MUFG Union Bank,
N.A. provides an array of financial services to individuals, small
businesses, middle-market companies, and major corporations. As of
March 31, 2018, MUFG Union Bank, N.A.
operated 355 branches, comprised primarily of retail banking
branches in the West Coast states, along with commercial branches
in Texas, Illinois, New
York and Georgia, as well
as 21 PurePoint Financial Centers and one international office.
MUFG Securities Americas Inc. is a registered securities
broker-dealer which engages in capital markets origination
transactions, private placements, collateralized financings,
securities borrowing and lending transactions, and domestic and
foreign debt and equities securities transactions. MUFG Americas
Holdings Corporation is owned by MUFG Bank, Ltd. and Mitsubishi UFJ
Financial Group, Inc. MUFG Bank, Ltd. is a wholly-owned subsidiary
of Mitsubishi UFJ Financial Group, Inc., which is one of the
world's leading financial groups. Visit https://www.unionbank.com
or www.mufgamericas.com for more information.
About MUFG
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 over 1,800 locations in more than 50
countries. The Group has over 150,000 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 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 stock exchanges. For more
information, visit https://www.mufg.jp/english.
On April 1, 2018 the name of
MUFG's commercial bank changed from "The Bank of Tokyo-Mitsubishi
UFJ, Ltd." to "MUFG Bank, Ltd." Many of the bank's overseas
subsidiaries followed suit on the same day, but branches and
subsidiaries in some countries will carry out the name change at a
later date. MUFG's New York Stock Exchange ticker symbol has also
changed to "MUFG." For more information regarding overseas
subsidiaries, visit
http://www.bk.mufg.jp/global/newsroom/announcements/pdf/201803_namechange.pdf
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SOURCE MUFG Americas Holdings Corporation