MUFG Investor Services bolsters private equity team
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MUFG Investor Services bolsters private equity team 19 March 2019London Reporter: Jenna Lomax
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MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has appointed Andrew Stewart as executive director of private equity and real asset sales for Europe, Middle East and Africa (EMEA).
Stewart’s started on 4 March and reports to Oliver Scully, head of EMEA sales.
In his new role, he is responsible for driving the sales and growth of MUFG Investor Services’ asset servicing solutions to investors and managers across the private equity and real asset sectors in EMEA.
He also promotes the uptake and usage of MUFG Investor Services’ suite of products including fund administration, outsourcing, custody, depositary, trustee, fund of fund financing, alongside other banking and treasury solutions.
Stewart has almost 30 years of experience in the financial services industry across Europe, North America and Asia.
Prior to MUFG Investor Services, Stewart served at Citco as executive vice president, responsible for sales to private equity and real estate funds and investors in Europe.
Stewart’s appointment follows other recent senior private equity and real asset hires at MUFG Investor Services, including the appointment of Bruno Bagnols as managing director and head of private equity and real assets of Mitsubishi UFJ Investor Services and Banking Luxembourg S.A. earlier this month.
Scully commented: “We are excited that Andrew Stewart has joined the firm given his experience in the private equity and real asset sectors. He understands the pressure points that investors and managers face and can advise them on the best solutions and products to meet their operational needs, help them remain competitive and deliver significant results to their clients.”
Commenting on his new role, Stewart said: “I have long admired MUFG Investor Services’ strong commitment to supporting organisations within the alternative investment sectors. I am looking forward to working with the team to generate sustainable and profitable growth throughout the business while continuing to offer clients a best-in-class suite of products and services.”
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