MUFG announces the appointment of Elena Shakhurina as Deputy President, Chief Operating Officer (COO) and Management Board member of the bank´s European entity, MUFG Bank (Europe), N.V., effective 19 April, 2019.

Elena joined MUFG in 2005 and has helped to establish the bank's presence in Moscow over the past 14 years, most recently serving as President of MUFG Bank (Eurasia). Under her leadership, MUFG has shown steady progress both in terms of business performance and advancing internal frameworks and controls to serve key corporate clients in Eurasia.

Elena has also been deeply involved in establishing Saint Petersburg and Vladivostok sub-branches. Daisuke Takahashi, currently the Deputy President of MUFG Bank (Eurasia), will succeed Elena as President.

Shichito Tobari, President and CEO of MUFG Bank (Europe), said:

"Elena's professional knowledge, experience and leadership will enrich the value we bring to our clients and shareholders as a global financial institution."