MUFG today announces that it has appointed Genoveva Ramon-Borja as its Head of Corporate Banking for Iberia.

Genoveva will join MUFG in November after 23 years at BNP Paribas, where she was a Managing Director within its Corporate and Institutional Banking team; a franchise she was instrumental in developing. She will replace Ignacio Asin, who has decided to retire after over 33 successful years at MUFG.

Joining BNP Paribas in 1995 as a credit analyst, Genoveva has extensive experience and strong relationships with many of Spain's biggest corporates, and a track record of originating successful, high profile deals.

Sébastien Rozès, Head of Corporate Banking for MUFG in EMEA, said:

"Our clients in Spain and Portugal are becoming more active, with many looking to develop their international operations. As a bank which offers bespoke financing, hedging, and working capital solutions as well as an established global network, MUFG is ideally placed to serve Iberian corporates in their home territory and connect them to opportunities overseas.

"Under Genoveva's leadership we will selectively expand our client base in this region and further develop our corporate and investment banking capabilities to support their growth ambitions."

Genoveva Ramon-Borja added:

"I am immensely looking forward to embracing the opportunities available at MUFG, and particularly those in Spain and Portugal. Leveraging my 23 years of experience to support and expand on our already strong presence in the region will be a priority for me as I embark on this new journey."

Genoveva's appointment follows on from the recent hire of Josep Buades as a director within the Corporate Banking team in Madrid, and the secondment of Luis Moro from London to Madrid as Head of Financial Institutions for Southern Europe.