Mitsubishi UFJ Financial Group, Inc.’s banking subsidiary in Malaysia, MUFG Bank (Malaysia) Berhad (MUFG), has announced three new appointments as part of ongoing leadership renewal efforts.
With effect from 21 December 2018, Mr. Ravi Buchia was appointed as the Head of MUFG Labuan Branch, while Mr. Goh Kiat Seng was appointed as the Head of Global Corporate Banking for MUFG in Malaysia. Both Mr. Buchia and Mr. Goh are internal promotions to their new positions.
The third appointment was made on 11 January 2019 when the bank appointed Ms. Chia Chin Lan as the Head of Financial Institutions Group (FIG) for ASEAN in Malaysia. She will report to Mr. Goh and Mr. Frederic Cabay, Global Co-Head of Financial Institutions for MUFG, who is based out of Singapore.
Both Mr. Buchia and Mr. Goh will report to CEO and President for MUFG Malaysia Mr. Takuma Matsuyama, while Mr. Goh will also functionally report to Mr. Sanjiv Vohra, Head of Global Corporate Banking Division for Asia & Oceania region.
The new appointments underscore not only MUFG’s ongoing attempts at deepening its management bench with experienced bankers, but also its commitment to drawing upon its own local talent pool to support the bank’s succession planning efforts.
Said Mr. Matsuyama: “We are pleased that Ravi and Kiat Seng will be taking on new appointments that will see them making greater contributions to MUFG’s business in Malaysia. With their extensive experience in corporate banking and track records with the bank and in Malaysia respectively, Ravi and Kiat Seng are naturally suited to take helm of our business, and I look forward to their support as MUFG Malaysia continues to partner its clients to greater success in the country.
“I also welcome Chin Lan to our team, and with her experience in the Financial Institutions and transaction banking businesses, we look upon her to help grow our client base and strengthening the existing FI relationships in the region.”
MUFG has been present in Malaysia for over 60 years. It has served as the main intermediary for Japanese investment into the country and has also established a reputation as a key player in the Islamic finance arena, providing innovative Shariah-compliant solutions in support of a growing number of corporate clients.
Re-disseminated by The Asian Banker