MUFG Securities EMEA plc has appointed Marshall Bailey OBE as Chair to its Board, a position he will formally assume in September this year*.
Marshall is an established figure in the financial services sector, having served on the boards of LCH Group as Chairman, as a Non-Executive Director at the London Stock Exchange Group, and as Chairman of the Financial Services Compensation Scheme. He also currently is a Director with the top Board of National Commercial Bank, representing the shareholding of the KSA's Public Investment Fund.
With a career spanning over 30 years, Marshall has held a number of senior positions in the financial services sector. He spent 18 years at RBC Capital Markets, culminating in his position as Managing Director and Head of Financial Institutions EMEA and Asia, before moving to State Street in 2011 where he held several roles including Chief Executive Officer of State Street Global Markets International Ltd. In 2014, Marshall was appointed President and Global Head of ACI International – Financial Markets Association, where he focused on global standards in capital markets, and was one of the original signatories on the Global FX Code of conduct, supported by the BIS. He has also worked with HM Treasury while a member of the Board of UKFI.
John Winter, CEO of MUFG Securities EMEA, commented:
"Marshall's impressive experience in the financial services sector will be a tremendous asset to MUFG from both a commercial and regulatory standpoint, particularly as we look to expand our financial institutions business globally.
"His leadership will ensure that the Board continues to provide clear guidance and strong support as we navigate some unchartered territory following on from the recent pandemic."
Marshall Bailey added:
"It's a delight to be joining MUFG at this important time. I truly believe that the bank is well positioned in these markets, and will continue to be integral to our clients' success. I look forward to joining the Board, and working with John and his team."
Marshall will also be taking up a post on the Board of Governors of the CFA Institute, a standard-setting and educational body with international reach.
Marshall will replace William Fall, who will step down from his chairmanship in September after almost six years in the role.
*subject to regulatory approval