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Deutsche Bank's McNamara joins MUFG

Tuesday, January 29, 2019
Opalesque Industry Update - MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Daniel McNamara as Chief Strategy Officer to support and shape MUFG Investor Services' long-term growth plan. He will be based in London and will report to John Sergides, Chief Executive Officer of MUFG Investor Services.

Mr. McNamara will have oversight of the six lines of business within MUFG Investor Services, focusing on the use of capital and resources across these business lines, overseeing the delivery of new client solutions, and developing a set of standards and best practices regarding products and services in order to ensure delivery of MUFG Investor Services' strategy and business development goals.

"MUFG Investor Services is an organisation that I have admired for a long time and share many values with," said Mr. McNamara. "The company has an established reputation for producing best-in-class products and providing a range of solutions to help meet the needs of its clients. I look forward to working with the global team to execute the new strategies and support the continued transformation and growth of the business."

Mr. McNamara joins from Deutsche Bank AG, where he held several positions over the last nine years. Most recently, he was a Digital Business Development Officer & General Manager for Deutsche Bank's payments business and was responsible for leading the development, implementation and commercialisation of financial technology opportunities for that business within the Global Transaction Banking division. He brings 20 years of experience in securities services, fund administration and commercial and investment banking. His specific expertise include running and developing growth businesses, managing turn-around stories and strategic transformation projects across a range of financial services businesses.

"We are very pleased that Daniel has decided to join MUFG Investor Services given his decades of experience developing and executing new strategies in the custody and investor services spaces," said Mr. Sergides. "Daniel's appointment reflects our commitment to developing new solutions to improve MUFG's platforms and help our clients remain both competitive and efficient when faced with the increasingly challenging business conditions."

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