MUFG EMEA today announces the appointment of Matteo Merli as Director, Head of Financial Institutions for Italy. With MUFG EMEA's continued investment in the expertise and capabilities required to support Financial Institutions (FI) clients, Matteo will focus on growing MUFG's presence and building our sector coverage in the Italian market.

Matteo has over 13 years of experience with Corporate and Investment Banking, most recently as Executive Director, Debt Origination for Mediobanca in Milan. Prior to that, Matteo held roles at Deutsche Bank in both Milan and London.

Matteo joins MUFG's Financial Institutions Group (FIG) along with Henry Ilo, who has been appointed Financial Institutions Relationship Manager. Both Henry and Matteo will be based in Milan and will report functionally into Stef Merckx, Managing Director, Head of Financial Institutions, MUFG Bank Europe. They will also report regionally into Giuseppe Schirmo, Managing Director, Head of the GCIB platform for Italy.

MUFG's FIG team provides a wide range of services to enable clients' access to capital markets and investment banking products through commercial, trust banking and securities services. FI clients in Italy benefit from MUFG's extensive networks and global capabilities, supporting access to markets from Asia to the Americas with products ranging from trade finance to securitisation.

Stef Merckx, Head of Financial Institutions Coverage, MUFG Bank Europe, said:

"I am pleased to welcome Matteo and Henry to our Milan office. With them on board, we strengthen our local presence and reinforce our commitment to being closer to our FI clients.

I am delighted to have Matteo leading the FIG team in Italy as we look to grow the business and build out our financial institutions coverage in this important European market. We pride ourselves on being a relationship bank and as we navigate today's complex world, relationships takes on even greater importance. Offering local support enables us to get closer to Italian clients and service their holistic needs."

Matteo Merli, Head of Financial Institutions, Italy, MUFG EMEA, said:

"It is a pleasure to be joining MUFG, a bank which is truly focused on developing long term relationships with FI clients. MUFG's global footprint, expertise, product set and strong appetite to work with FI clients in Italy presents a wonderful opportunity."