Yet another new hire for MUFG Investor Services 07 July 2016New York Reporter: Stephanie Palmer
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State Street’s Marc Russell-Jones has become the latest recruit to MUFG Investor Services, joining as head of business development for Europe, the Middle East and Africa (EMEA).
Russell-Jones will be responsible for driving growth in MUFG’s asset servicing solutions, including fund administration, middle-office outsourcing, custody and depository services.
He joins from State Street where he was head of asset management solutions for the Nordics and UK. He has also held the role of managing director in prime brokerage and head of EMEA sales for alternative investment services at both J.P. Morgan and BNY Mellon.
In his new role, Russell-Jones will report to John Sergides, managing director and global head of business development and marketing at MUFG.
Sergides said: “With his extensive experience in the alternative investment industry, Marc Russell-Jones will play a significant role in extending our best-in-class asset servicing solutions for our clients in EMEA. His appointment demonstrates our commitment to the industry and supports our ambition to become the leading player in the market.”
Russell-Jones said: “MUFG Investor Services’s ambitious growth strategy and commitment to high quality client service are well known industry-wide. I look forward to working closely with the established team to further develop these qualities and expand our advanced, asset servicing solutions across the EMEA region.”
This is the latest in a string of new appointments at MUFG. In May, it was announced that Blackrock’s McAllister ‘Mac’ Kirschner joined as global head of client relationship management, Daniel Trentacosta and Michael McCabe were named as a sales directors in April, and Mark Catalano joined from Atlas Fund Services as executive director of business development in February.
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