Paul Hartwell Appointed as new CEO of Mitsubishi UFJ Securities International

Jan 22, 2013, 02:00 ET from Mitsubishi UFJ Securities International plc

LONDON, January 22, 2013 /PRNewswire/ --

Mitsubishi UFJ Securities International (MUSI) in London has announced Paul Hartwell will join the firm as Chief Executive Officer, subject to regulatory requirements and approvals being met.

In addition to his role as CEO of MUSI, Paul will sit on the International Management Committee of the Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD). Paul will report to the MUSI Board and Cliff De Souza, MUSHD Principal Executive Officer and Head of International Business.

Commenting on the appointment, Cliff said: "Paul joins us at an interesting time, as we continue to expand our international business in contrast to many of our peers. Given his management experience and background in risk, he is perfectly equipped to lead the firm through the opportunities and challenges ahead.

"I also wish to take this opportunity to thank David King for the tremendous job he has done in leading the firm on an interim basis over the past 9 months. I have no doubt that David's leadership played a significant role in our outstanding results in 2012."

David will now focus on his existing role as International CFO as well as remaining a member of the MUSI Board and the International Management Committee.

Notes to editors

Paul joins from Standard Bank, where he was Group Chief Risk Officer, covering corporate and investment banking, retail banking, insurance, portfolio management and asset management. Paul has over 30 years' experience across multi-national, regional and emerging market institutions.

MUSI is the European capital markets hub of one of the largest financial institutions in the world, Mitsubishi UFJ Financial Group. MUSI is headquartered in London but is part of an international network with offices in New York, Hong Kong and Singapore. The firm is active throughout the international capital markets, focusing on fixed income, debt, equity, derivatives and structured products.

SOURCE Mitsubishi UFJ Securities International plc