MUFG bolsters EMEA business development team

MUFG Investor Services, the asset servicing arm of Japanese Mitsubishi UFJ Financial Group, has appointed Damian McAree as executive director, business development for the EMEA region.

Reporting to Marc Russell-Jones, managing director and regional head of Business Development, McAree will be responsible for driving new client engagement for asset servicing solutions across the EMEA region.

These solutions include fund administration, middle-office outsourcing, custody, depository, trustee, financing, FX and wider banking services.

McAree joins from Capita Asset Services where he spent six years as head of Business Development for their Irish and offshore fund service offering.

Formerly, he was vice president of European Sales at PNC Global Investment Servicing, now part of BNY Mellon.

He also held a number of senior investment services roles with HSBC Securities Services and PFPC International Ltd.

“Damian’s appointment is a key hire in our strategy to grow organically and continue providing best in-class asset servicing solutions for clients. Damian has a wealth of experience in developing strategic client relationships and his expertise and understanding of the EMEA market underpin our growth plans over the coming years,” said Russell-Jones.

MUFG Investors Services has over $422bn (€384bn) in assets under administration.

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