MUFG Appoints New Head of China Business Unit
(14 November 2023 - China) MUFG Bank has appointed Mick Wang as its managing director, head of China business division (CBD), and deputy head of CBD for its wholly owned subsidiary MUFG Bank (China).
Wang will be responsible for leading MUFG China’s non-Japanese client coverage teams to maximise growth of its corporate banking portfolio, comprising local and global corporates, Chinese state-owned enterprises as well as financial institutional clients.
He reports to Benjamin Lam, who joined MUFG China recently as head of GCIB, China, and head of CBD.
“In addition to his wealth of knowledge in corporate and institutional banking, [Wang] brings to this position a deep pool of experience in cultivating and managing relationships with China’s leading companies and financial institutions, which will be invaluable as we accelerate our efforts to develop our banking franchise in China,” said Tony Lee, MUFG’s head of global corporate banking & co-head of investment banking for East Asia.
Lee added: “China is an important powerhouse on the global arena and serves as a cornerstone of MUFG’s Asia network and regional business strategy. Our priority is to further unleash the potential of our franchise in China by investing in leadership talent attuned to conditions on the ground.”
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