MUFG has today announced the appointment of Terry McKay and Alex Pierre as Co-Heads of Global Structured Solutions (“GSS"). This new function combines the expertise of MUFG's global corporate and investment banking (“GCIB") with capabilities, such as sales and trading, financial structuring and solutions, from the Global Markets (“GM") business group.

GSS, which will operate as a virtual team, will seamlessly integrate the operations of Global Financial Solutions in GCIB Americas and

Structured Solutions in GM, effective April, 2024. This new team has been created to respond to the investment and financing needs of MUFG's global institutional investor clients and financial sponsors, who require bespoke services to meet their demand for highly sophisticated financial solutions and investment products.

Terry McKay, current Head of Global Financial Solutions, GCIB Americas and President of MUFG's Merchant Bank and CEO of MUFG Capital, Leasing and Finance Corp, and Alex Pierre, currently International Head of Structured Solutions and Regional Head of Sales and Trading for EMEA, will lead the new team as Co-Heads with the aim of building a global business using the integrated capabilities of GCIB and GM.

This initiative was supported by Fumitaka Nakahama, Group Head of GCIB Group, Hiroyuki Seki, Group Head of GM Business Group and Masashi Kanematsu, Deputy Group Head of GM Business Group.

Fumitaka Nakahama, Group Head of GCIB Group, MUFG, commented:

"The creation of GSS is an innovative and strategic development in our global client offering. Terry and Alex are experienced leaders known for their abilities to build businesses and work successfully with clients. Creating an integrated team will allow us to allocate dedicated balance sheet to this important global business that can generate high returns and deepen our client relationships across the globe."

Hiroyuki Seki, Group Head of GM Business Group, MUFG, said:

"The GSS team will support growth and further collaboration across regions and businesses. We are excited to see the power of our GCIB and GM integration in action bringing increased value for clients. We wish Terry and Alex every success in their new roles."