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People moves news

MUFG expands further with Blackrock heavyweight


24 May 2016 Hamilton, Bermuda
Reporter: Stephanie Palmer

Generic business image for news article
Image: Shutterstock
MUFG Investor Services has hired Blackrock’s McAllister ‘Mac’ Kirschner as global head of client relationship management.

Kirschner will be involved in developing relationships with existing clients on the MUFG alternative asset servicing platform, working on strategy for improving the whole investment lifecycle.

With more than 15 years of experience in platform development, client management and product administration, Kirschner is also charged with driving market intelligence in asset servicing and supporting the sales and client development teams.

Kirschner joined Blackrock in 2007, following its acquisition of Quellos Group, where he was an associate director. He then became managing director of the Blackrock global fund services business.

In his new role, Kirschner will report to John Sergides, managing director and global head of business development and marketing.

His appointment follows a spate in new hires, which has seen Mark Catalano, Michael McCabe and Daniel Trentacosta join MUFG Investor Services.

Sergides said: “Mac Kirschner’s extensive experience in managing operations and client relationships in the alternative investment industry is a huge asset to our business. His appointment is another important step in our strategy to grow organically and continue to provide high-quality asset servicing solutions to our clients.”

Kirschner said: “As a former evaluator of asset servicing platforms, I’ve experienced MUFG Investor Services’s commitment to exceptional client service first hand. It truly is industry leading, and I look forward to strengthening this quality in my new role.”

“Our aim is not just to be a provider but a valued partner, helping our clients achieve their growth ambitions.”
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