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SÂO PAULO, Brazil, August 16, 2016 − Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world's leading financial groups, today announced it hired Harvey Colli as a Managing Director to oversee its Transaction Banking business in Latin America.
Colli, who assumes this new role after 15 years in senior positions with JPMorgan Chase and Citigroup, will focus on Latin American and Japanese corporate clients. Based in São Paulo, he reports to Junsuke (John) Koike, MUFG's Regional Head for Latin America; and Head of Transaction Banking Sales for Asian Corporate Banking, Latin America, and Canada, Martin Nonna.
"Latin America is a vital and fertile region for MUFG's Transaction Banking business, and that's why we wanted Harvey for our team," said Koike. "I'm very confident that his track record of growing businesses, leadership capabilities, and experience working with treasurers and CFOs will prove exceedingly valuable to clients in this burgeoning area of our business."
Nonna added: "Harvey's depth of experience in transaction banking and commitment to fostering client relationships will help us continue to expand our business in Latin America. This hiring is part of a long-term investment and commitment of MUFG in the region, where the bank aims to be one of the main providers of off-shore services for the large Latin American companies and of local products for the subsidiaries of Japanese and selected multinational companies that we serve globally."
Previously, Colli was the head of JP Morgan Chase's Treasury Services business in Brazil, serving local and multinational clients in the corporate and financial institutions segments. At Citigroup, Colli held a range of positions including the head of the bank's International Cash Management business, where he had responsibility for the business and its products in Brazil.
Colli holds an MBA in finance from a joint program between Fundação Armando Álvares Penteado (FAAP, in Brazil) and the University of New Mexico (U.S.); he earned an undergraduate degree in business management from FAAP. Colli is fluent in Portuguese, English, and Spanish.
MUFG's Transaction Banking division provides clients with working capital management and asset servicing solutions. The division offers treasury management, trade finance, and global trust services to clients across various segments including retail banking, corporate banking, Asian corporate banking, and government entities. For more information, click here.
Since opening its first office in the region nearly 100 years ago, MUFG has provided financial services to companies doing business in Latin America. The bank serves corporate clients across the region from offices in Brazil, Mexico, Chile, Argentina, Colombia, and Peru. MUFG provides specialized services in the region for corporates in industries including metals and mining, oil and gas, food and beverage, power and utilities, agriculture, and financial services. The bank also offers products such as local cross-currency bonds and loans, trade finance, foreign-exchange and derivatives, structured finance, project finance, syndicated loans, and transaction banking.
About MUFG Americas Holdings Corporation Headquartered in New York, MUFG Americas Holdings Corporation is a financial holding company and bank holding company with total assets of $117.2 billion at June 30, 2016. Its principal subsidiary, MUFG Union Bank, N.A., provides an array of financial services to individuals, small businesses, middle-market companies, and major corporations. As of June, 2016, MUFG Union Bank, N.A. operated 366 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 two international offices. MUFG Americas Holdings Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd. which is a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc., one of the world's leading financial groups. Visit www.unionbank.com or www.mufgamericas.com for more information.
About MUFG (Mitsubishi UFJ Financial Group, Inc.) MUFG (Mitsubishi UFJ Financial Group, Inc.) is one of the world's leading financial groups, with total assets of approximately ¥298.2 trillion (JPY) or $2.9 trillion (USD)1, as of June 30, 2016. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with about 1,200 offices in nearly 50 countries. The Group has over 140,000 employees and about 300 entities, offering services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group's operating companies include The Bank of Tokyo-Mitsubishi UFJ, Ltd., Mitsubishi UFJ Trust and Banking Corporation (Japan's leading trust bank), and Mitsubishi UFJ Securities Holdings Co., Ltd., one of Japan's largest securities firms. Through close partnerships among our operating companies, the Group aims to "be the world's most trusted financial group", flexibly responding to all of the financial needs or 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 (NYSE: MTU) stock exchanges. Visit www.mufg.jp/english/index.html.
(1)Exchange rate of 1 USD=¥102.91 (JPY) as of June 30, 2016