Randy Chafetz Promoted to Executive Officer of BTMU
First Non-Japanese Executive Officer in BTMU History
NEW YORK--(BUSINESS WIRE)-- Randall Chafetz, current Head of Corporate and Investment Banking for the Americas, will assume a new global role as an Executive Officer of The Bank of Tokyo-Mitsubishi UFJ (BTMU) in Tokyo beginning June 26. He will be the first non-Japanese Executive Officer in BTMU history.
Randy's new role will include responsibility for the bank's corporate and investment banking business outside of Japan as well as strategic leadership of the overseas non-Japanese corporate banking business. This appointment is part of BTMU's larger strategic plan to increase its market share on a global level over the course of the next few years.
In his various new capacities Randy will report to Takashi Morimura, Deputy President of BTMU and Chief Executive of the Global Business Unit, and Takahiro Yanai, Managing Executive Officer.
"Randy has helped lead BTMU in the Americas to unprecedented levels of success, expanding the business significantly," says Takashi Morimura. "The appointment of Randy as the first non-Japanese Executive within the bank is another example of BTMU's true commitment to be a global leader in the financial services industry."
Randy joined BTMU in 1998 and has held various roles within the bank and the securities firm. He took on his current role in 2008 and has led the corporate and investment banking business in the Americas to record revenues in each of the past 5 years.
Randy has a Bachelor of Commerce degree from the University of British Columbia and an MBA from the Johnson School at Cornell University, where he sits on the Advisory Council.
About The Bank of Tokyo-Mitsubishi UFJ, Ltd.
The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) is Japan's premier bank, with a global network spanning more than 40 countries. BTMU offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. In the Americas, BTMU has offices throughout the United States and in Canada, Mexico, and Central and South America serving mainly corporate clients. BTMU's parent, Mitsubishi UFJ Financial Group, Inc. (MUFG), is one of the world's leading financial groups, with total assets of more than JPY 224 trillion (approximately US$2.6 trillion) as of December 31, 2012. MUFG's services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group's operating companies include BTMU, 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. MUFG's shares trade on the Tokyo, Osaka, Nagoya, and New York (NYS: MTU) stock exchanges.
TheBank of Tokyo-Mitsubishi UFJ, Ltd.
Lauren Sambrotto, 212-782-4909
KEYWORDS: United States Asia Pacific North America New York Japan
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