• Published on 1 December 2016
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MUFG appoints Ooi Chenn Siong as head of loan markets and syndication for Asia

Mitsubishi UFJ Financial Group, Inc.’s (MUFG) banking entity, the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) has appointed Mr. Ooi Chenn Siong as Deputy General Manager, Regional Head of Loan Markets and Syndications with Asian Investment Banking Division (AIBD). He joined the bank today and is based in Singapore.

AIBD is a business unit responsible for the promotion of corporate and investment banking products and services in the Asian region (ex Japan).

AIBD currently focuses on four key areas -- project financing; securitisation; loan syndication and structured trade financing.

Mr. Ooi was formerly the head of syndicated and leveraged finance (Asia Pacific) for Bank of America Merrill Lynch and brings with him over 22 years of experience, particularly in the regional debt markets.

In his new role, he will drive the bank’s debt syndication activity across the Asia region in 18 locations which includes countries in South-East Asia, East Asia, South Asia and Oceania. Mr. Ooi will also be building on the bank’s growing presence in the debt syndication markets. The bank is ranked within the top 10 of Asia Pacific
bookrunner league tables and has been closing deals across Australia, Hong Kong, Indonesia and Singapore in recent months. It has also been the sole Asia-based bank to be appointed for a series of high-profile syndications that took place recently in Australia.

On this appointment, Mr. Koichiro Oshima, Executive Officer and General Manager for AIBD said: “Chenn Siong’s extensive experience in the regional debt markets will boost our efforts to grow the bank’s business in the region.

“Asia remains one of the fastest-growing regions in the world. Naturally, it is of great importance not only to MUFG but to our Japanese and multinational clients. With an experienced banker like Chenn Siong onboard, I am confident we will enhance our efforts at providing high-quality, innovative solutions to our clients as they make further inroads into the region.

Mr. Ooi Chenn Siong was appointed as Deputy General Manager, Regional Head of Loan Markets and Syndications, Asia Pacific region, Asian Investment Banking Division, at Mitsubishi UFJ Financial Group’s banking arm Bank of Tokyo Mitsubishi UFJ. He joined the bank on 1 December 2016 and is based in Singapore.

In this capacity, he will drive the bank’s debt syndication activity across the region, which includes 18 countries in South-East Asia, East Asia, South Asia and Oceania.

Mr. Ooi has close to 22 years of banking experience, wherein he amassed a deep working knowledge of the Asian markets having worked in Singapore, Hong Kong and Australia. His banking career began in 1993 at Australia’s Westpac, where his duties encompassed loan and bond origination and syndication covering the Asian Pacific region.

He joined ANZ in 2000 and was responsible for developing its global markets business in Asia before moving to Bank of America Merrill Lynch in 2011, where he helped propel the investment bank to the top of the Mandated Lead Arranger league tables in Asia Pacific (ex Japan).

Re-disseminated by The Asian Banker