MUFG names Christakos as US head of client operations
07 June 2022 US
Image: MUTB
Mitsubishi UFJ and Banking Corporation (MUTB) has appointed Gustave Christakos as US head of client operations and relationship management.
Based in New York, Christakos joins the Global Securities Lending Solutions (GSLS) Group of MUTB, where he will report to Tom Ryan, head of asset and liability trading for GSLS in the Americas.
Bringing more than 20 years of experience in the finance sector to the role, Christakos joins the firm from Deutsche Bank where he was vice president of securities lending and client service for 17 years.
Previously, he held roles at AIG as associate vice president of securities lending in 2004, and associate at Prudential Financial between 1998 and 2004.
Speaking on the announcement, Ryan says: “We are very excited to have Gus lead our US operations and relationship management team at MUTB. Gus is well-suited to lead our dynamic client service and relationship model.
“With a number of major wins already under our belt this year, the time was right to bring in someone who has both a long track record of implementing world-class, customised client service models, and who has experience in working with those clients to foster programme enhancements within each client’s risk tolerance.”
Earlier this year MUTB completed the transition of the Bank of Montreal (BMO) securities lending programme onto its platform and were appointed as a third party securities lending agent for the State Universities Retirement System of Illinois.
Market sources indicate that MUTB have won a number of additional client mandates around the globe, thereby increasing the need to build up the firm’s client facing team in the US.
Based in New York, Christakos joins the Global Securities Lending Solutions (GSLS) Group of MUTB, where he will report to Tom Ryan, head of asset and liability trading for GSLS in the Americas.
Bringing more than 20 years of experience in the finance sector to the role, Christakos joins the firm from Deutsche Bank where he was vice president of securities lending and client service for 17 years.
Previously, he held roles at AIG as associate vice president of securities lending in 2004, and associate at Prudential Financial between 1998 and 2004.
Speaking on the announcement, Ryan says: “We are very excited to have Gus lead our US operations and relationship management team at MUTB. Gus is well-suited to lead our dynamic client service and relationship model.
“With a number of major wins already under our belt this year, the time was right to bring in someone who has both a long track record of implementing world-class, customised client service models, and who has experience in working with those clients to foster programme enhancements within each client’s risk tolerance.”
Earlier this year MUTB completed the transition of the Bank of Montreal (BMO) securities lending programme onto its platform and were appointed as a third party securities lending agent for the State Universities Retirement System of Illinois.
Market sources indicate that MUTB have won a number of additional client mandates around the globe, thereby increasing the need to build up the firm’s client facing team in the US.
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