NEW YORK, March 21, 2018 /PRNewswire/ -- Mitsubishi
UFJ Financial Group, Inc. (MUFG), one of the world's leading
financial institutions, today announced it has hired
Sandy Salgado as the Head of
its Latin America Corporate Banking (LACB) group.
A Managing Director who will be based in New York, Mr. Salgado is scheduled to begin
his new assignment on March 27. He
fills a position that had been held on an interim basis by
John Koike, MUFG's Regional
Head for Latin America. Mr.
Salgado will report to Mr. Koike.
Mr. Salgado joins MUFG after four years at Banco Santander,
where he was Head of Consumer, Retail & Healthcare for
North America. While at Santander,
Mr. Salgado was responsible for a significant portion of the U.S.
Corporate and Investment Bank's revenues.
"Adding Sandy to MUFG's Latin American Corporate Banking team
provides a tremendous boost to our business as he brings the right
blend of skills and passion that are necessary to effectively lead
this critical franchise," said Mr. Koike. "Great opportunities
exist in this fertile region and, with Sandy's experience in
Latin America, I am confident he
and his team can deliver consistent value to our clients."
Steve Cummings, MUFG's CEO
for the Americas, added: "Latin
America is an integral part of MUFG's strategic vision for
supporting clients throughout the Western Hemisphere. Now, with the
addition of Sandy to lead our Corporate Banking efforts in this
critical region, I am confident that MUFG has enhanced its ability
to provide world-class ideas and solutions for Latin American
clients as well as our Global Clients in Latin America."
Before working at Santander, Mr. Salgado spent seven years with
BBVA where he was Chairman of BBVA Securities Inc. and Head of
Wholesale Banking and Asset Management, USA. Mr. Salgado also was employed at
Citigroup, where for 15 of his 21 years at the bank, he was based
in Argentina and Brazil. In each country, Mr. Salgado held
several positions including Regional Head of Rio de Janeiro, Energy Sector Head, Debt
Capital Markets and Corporate Finance/Privatizations.
Mr. Salgado, who is fluent in English, Spanish and Portuguese,
earned a B.S. degree in Economics and Finance from St. John's University, and an M.S. degree in
International Management from the Thunderbird School of Global
Management.
Since opening its first office in the region nearly 100 years
ago, MUFG supports global corporations doing business in
Latin America with offices in
Argentina, Brazil, Chile, Colombia, Mexico and Peru. The bank provides specialized services
for an array of industries, including, metals and mining, oil and
gas, food and beverage, power and utilities, agriculture, and
financial services. In addition, MUFG offers products such as
US$/local currency loans, trade finance, foreign-exchange and
derivatives, structured finance, project finance, syndicated loans,
and transaction banking.
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 $154.6 billion at December 31, 2017. 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
December 31, 2017, MUFG Union Bank,
N.A. operated 361 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 19 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 The Bank of Tokyo-Mitsubishi UFJ,
Ltd. and Mitsubishi UFJ Financial Group, Inc. The Bank of
Tokyo-Mitsubishi UFJ, Ltd. is a wholly-owned subsidiary of
Mitsubishi UFJ Financial Group, Inc., which is one of the world's
leading financial groups. Visit www.unionbank.com or
www.mufgamericas.com for more information.
About Mitsubishi UFJ Financial Group and Bank of
Tokyo-Mitsubishi UFJ
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the
world's leading financial groups, with total assets of
approximately $2.8 trillion as of
December 31, 2017.
Headquartered in Tokyo and with
approximately 350 years of history, MUFG is a global network with
over 2,300 offices across more than 50 countries. The Group has
about 150,000 employees and close to 300 entities, offering
services including commercial banking, trust banking, securities,
credit cards, consumer finance, asset management, and
leasing. The Group's operating companies include Bank of
Tokyo-Mitsubishi UFJ, 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. The
Bank of Tokyo-Mitsubishi UFJ, Ltd. is Japan's premier bank, with a global network
spanning around 50 countries. Outside of Japan, the bank offers an extensive scope of
commercial and investment banking products and services to
businesses, governments and individuals worldwide. 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 stock exchanges.
For more information, visit www.mufg.jp/english.
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SOURCE MUFG Americas Holdings Corporation