Mitsubishi UFJ Financial : MUFG Appoints New Members to Global Advisory Board (PDF / 117KB)
October 01, 2021 at 03:12 am
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Mitsubishi UFJ Financial Group, Inc. (MUFG)
MUFG Appoints New Members to Global Advisory Board
Tokyo, October 1, 2021 --- MUFG is pleased to announce today the appointment of two new members to its Global Advisory Board: Mr. William Coen, Chairman of the IFRS Foundation's Advisory Council and former Secretary General of the Basel Committee on Banking Supervision, and Ms. Virginia M. Rometty, former Chairman, President and Chief Executive Officer of IBM.
Mr. Coen served as Secretary General of the Basel Committee on Banking Supervision from 2014 to 2019. He directed the work of the Basel Committee and recommended the Basel III post-crisis reforms for endorsement by the Basel Committee and its governing body.
Ms. Rometty began her career with IBM in 1981 and held a series of leadership positions across several business units. She became the Chief Executive Officer and Chairman of the Board in 2012, and served as its Executive Chairman from April to December 2020.
MUFG hopes to benefit from their advice and counsel in its Group management and apply it to strengthen MUFG's global governance and enhance its business strategy.
Members of the MUFG Global Advisory Board
Name
Title
Professor Merit E.
Dean, School of International and Public Affairs, Columbia University
Janow
Former Member of Appellate Body, World Trade Organization
Mr. William Coen
Chairman, IFRS Foundation's Advisory Council
Former Secretary General of the Basel Committee on Banking Supervision
Ms. Virginia M.
Former Chairman, President and Chief Executive Officer, IBM
Rometty
Lord (James) Sassoon,
Former Director, Jardine Matheson Holdings Limited
Kt
Former Commercial Secretary to the Treasury, United Kingdom
Ms. Anne Le Lorier
Former First Deputy Governor at Banque de France
Dr. Victor K. Fung
Group Chairman, Fung Group, Hong Kong
Former Honorary Chairman, the International Chamber of Commerce
Mr. George Yeo
Former Singaporean Minister for Foreign Affairs
Mr. Akio Mimura
Honorary Chairman, Nippon Steel Corporation
Ms. Emi Osono
Professor, Hitotsubashi University Business School, School of International
Corporate Strategy
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About MUFG
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 approximately 2,500 locations in more than 50 countries. The Group has about 170,000 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.
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Mitsubishi UFJ Financial Group Inc. published this content on 01 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 October 2021 07:11:01 UTC.
Mitsubishi UFJ Financial Group is one of the Japanese largest banking groups. Income breaks down by activity as follows:
- retail and commercial banking (51.9%);
- corporate and investment banking (28.3%);
- market banking (10.5%);
- financial asset management (8.6%);
- other (0.7%).
At the end of March 2022, the group managed JPY 215,427.3 billion of current deposits and JPY 110,426.2 billion of current loans.
Income breaks down geographically as follows: Japan (55%), Asia/Pacific (24.8%), the United States (12.8%), Europe (1.7%) and other (5.7%).