MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, has announced the appointment of Daniel McNamara as the firm’s Chief Strategy Officer, aiming to shape and support its long-term growth plans.
McNamara is a veteran in the industry and brings around 20 years of experience to the company. At his new position, McNamara will oversee six lines of business within MUFG Investor Services, focusing on the use of capital and resources.
He will also be responsible for the delivery of new client solutions, and developing a set of standards and best practices regarding products and services in order to ensure delivery of the firm's strategy and business development goals.
Commenting on his new role, McNamara said: “MUFG Investor Services is an organization that I have admired for a long time and share many values with. The company has an established reputation for producing best-in-class products and providing a range of solutions to help meet the needs of its clients. I look forward to working with the global team to execute the new strategies and support the continued transformation and growth of the business.”
Experienced Growth Strategist
Prior to joining MUFG Investor Services, he served Deutsche Bank AG for ten years in various leadership roles. He left the bank as a digital business development officer & general manager and leading the identification and commercialization of financial technology opportunities for Deutsche Bank's Payments business.
According to his Linked profile, McNamara also served as the head of European strategy at National Australian Bank after spending three years at Barclays Investment Bank. He began his career in 1999 after earning a degree in economics from the University of Queensland.
"We are very pleased that Daniel has decided to join MUFG Investor Services given his decades of experience developing and executing new strategies in the custody and investor services spaces. Daniel's appointment reflects our commitment to developing new solutions to improve MUFG's platforms and help our clients remain both competitive and efficient when faced with the increasingly challenging business conditions,” said John Sergides, CEO and the reporting officer of McNamara at the firm.