NEW YORK, July 25, 2018 – Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world's leading financial groups, today announced that Robin Bienfait has been elected to the Board of Directors for MUFG Americas Holdings Corporation and its primary subsidiary, MUFG Union Bank, N.A., effective immediately.
Ms. Bienfait joins the board following Christine N. Garvey's retirement today, after serving as a member of the Board of Directors since 2007. Ms. Garvey is the former Global Head of Corporate Real Estate services at Deutsche Bank AG, where she retired in 2004. She previously held the position of Group Executive Vice President and Head of Commercial Real Estate Services for Bank of America and held senior level positions at other major financial institutions.
Ms. Bienfait is the CEO of Emnovate, an executive advisory firm delivering enterprise-class services to large global companies. Prior to founding her own firm, Ms. Bienfait was Executive Vice President and Chief Enterprise Innovation Officer at Samsung Electronics from 2014 to 2016. She previously held a number of executive positions at Blackberry from 2007 to 2014, including: Chief Information Officer, Chief Technology Officer for Software and Chief Information Security Officer. Prior to her career at Blackberry, Ms. Bienfait spent 23 years at AT&T in a range of roles, including: Senior Vice President, Worldwide Network Operations, Network Security and Network Disaster Recovery; and Chief Compliance Officer. Ms. Bienfait is Chairman of the board of directors for Global Aviation and a member of the board of directors at the Georgia Institute of Technology. She earned a B.A. in Engineering from Central Missouri State University and a M.A. in Technology Management from the Georgia Institute of Technology.
"The addition of Robin to our Board of Directors comes at a critical time in MUFG's journey, particularly with regard to how we leverage a range of technological advancements on behalf of our clients, including AI, blockchain, mobile banking and cryptocurrency," said Masato Miyachi, Executive Chairman of MUFG Americas Holdings Corporation and MUFG Union Bank, N.A. "I'm confident that Robin's depth of experience with some of the world's most innovative companies will be extremely valuable to MUFG." Mr. Miyachi continued, "On behalf of the Board of Directors and the entire MUFG family, we thank Christine Garvey for her service to the firm. She has been instrumental in guiding us as we've grown our franchise in the U.S. amid an ever-challenging competitive landscape."
About MUFG Americas Holdings Corporation
Headquartered in New York, MUFG Americas Holdings Corporation is a financial holding company, bank holding company and intermediate holding company with total assets of $157.3 billion at March 31, 2018. Its main subsidiaries are MUFG Union Bank, N.A. and MUFG Securities Americas Inc. MUFG Union Bank, N.A. provides an array of financial services to individuals, small businesses, middle-market companies, and major corporations. As of March 31, 2018, MUFG Union Bank, N.A. operated 355 branches, comprised primarily of retail banking branches in the West Coast states, along with commercial branches in Texas, Illinois, New York and Georgia, as well as 21 PurePoint Financial Centers and one international office. MUFG Securities Americas Inc. is a registered securities broker-dealer which engages in capital markets origination transactions, private placements, collateralized financings, securities borrowing and lending transactions, and domestic and foreign debt and equities securities transactions. MUFG Americas Holdings Corporation is owned by MUFG Bank, Ltd. and Mitsubishi UFJ Financial Group, Inc. MUFG Bank, Ltd. is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc., which is one of the world's leading financial groups. Visit https://www.unionbank.com/ or https://www.mufg.jp/english/ for more information.
About Mitsubishi UFJ Financial Group and MUFG Bank, Ltd.
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 1,800 locations in more than 50 countries. The Group has over 150,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english.
On April 1, 2018 the name of MUFG's commercial bank changed from "The Bank of Tokyo-Mitsubishi UFJ, Ltd." to "MUFG Bank, Ltd." Many of the bank's overseas subsidiaries followed suit on the same day, but branches and subsidiaries in some countries will carry out the name change at a later date. MUFG's New York Stock Exchange ticker symbol has also changed to "MUFG." For more information regarding overseas subsidiaries, visit http://www.bk.mufg.jp/global/newsroom/announcements/pdf/201803_namechange.pdf