MUFG today announces the appointment of Vanessa Manning as Head of Transaction Banking EMEA, effective November 1, 2021.
Ms Manning will be responsible for driving further profitable growth across MUFG's Transaction Banking business in EMEA, as well as overseeing the strategic development of the Trade and Working Capital and Cash and Liquidity Management functions.
With over 22 years' leadership experience in Global Cash & Trade Management gained from ABN AMRO, RBS, Standard Chartered and Deutsche Bank, Ms Manning is also an active member of institutional Diversity and Inclusion initiatives, including UK and European Women in Payments, and is a motivated mentor and mentee within the European Techstar Rise community.
She will report to John Winter, CEO for MUFG in EMEA and Ranjana Clark, Head of Global & Americas Transaction Banking. Ms Manning takes over from interim head André Rijs, who was key to the successful business development and transformation of EMEA Transaction Banking during his tenure. Mr Rijs has decided to retire and will be leaving MUFG at the end of October.
On the appointment, John Winter commented:
"Transaction Banking is a core business line that underpins our EMEA franchise, and Vanessa's proven track record of building and enabling new and forward-thinking growth models will be a terrific asset.
"I have no doubt she will be able to identify untapped potential in our current business and harness the capabilities of our talented team, driving efficiencies through the next generation of technology to improve the way we serve our clients internationally."
Ms Manning added:
"With its vast network, scale and stability, I believe MUFG has an opportunity to profoundly influence the digitisation of financial services in the industry and for our clients' tangible benefit.
"I am incredibly excited to join at this transformational time and look forward to working with teams around the world to strengthen our European and global proposition."
MUFG manages its Global Transaction Banking business from hubs across Asia, EMEA and the Americas, providing a wide range of Transaction Banking services for its clients.