MUFG hires new independent non-executive director 19 November 2018New York Reporter: Maddie Saghir
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MUFG’s has hired Eileen Garvey as independent non-executive director in its Securities Americas Board.
She will also act as a member of the MUFG Securities Americas Board’s risk, audit, compensation, and nomination committees.
Garvey is the firm’s third INED and the second woman to join the board. She brings over 35 years of experience to her new role.
According to MUFG, over the course of her 35-year career, Garvey has helped global banking and capital markets solve complex issues.
Additionally, she has provided counsel to boards, audit committees, and client management institutions to solve complex issues.
Most recently, Garvey served as managing partner and talent leader within Ernst & Young’s financial services organisation.
Prior to her retirement in 2017, Garvey served on Ernst & Young’s partner advisory council, which functions as an internal board of directors for Ernst & Young’s Americas senior leadership
Bill Mansfield, CEO of MUFG securities Americas, commented: “Adding Eileen Garvey to our board demonstrates a commitment to developing our talent, serving our clients, and generating returns for our shareholders.”
"With a unique business insight developed over the course of her distinguished 35-year career, Garvey’s valuable counsel will help ensure we continue to manage change effectively."
Yasutaka Suehiro, deputy COO International for Mitsubishi UFJ securities holdings and chairman of the board for MUFG Securities Americas, added: “Garvey’s experience in working with financial institutions through periods of change will make her viewpoint and opinions particularly worthwhile as we look to add value for all of our constituencies.”
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