Mitsubishi UFJ Financial Group announced that Raymond Fattell has been named Head of Transaction Banking Americas. In this position, Fattell will lead the Transaction Banking business in the United States, Latin America, and Canada, responsible for Product Management, Sales, Client Delivery, Risk and supporting functions including Strategy, Client Training, and Marketing.
 
Fattell is based in New York and will have dual primary reporting to the Head of Global Transaction Banking Ranjana Clark and Head of Global Corporate & Investment Banking in the Americas Jonathan Lindenberg, and Head of Transaction Banking Division Masashi Onodera (Secondary), effective December 1, 2021. He assumes this role from Ms. Clark, who has led this organization since 2013, and will be the fully dedicated Head of Global Transaction Banking.

"To this position, Ray brings tremendous expertise and industry experience in liquidity and working capital management solutions as we serve our clients and grow this important business," said Ms. Clark. "Ray has a proven track record of innovating new products and services that address client needs and that leverage emerging technologies across multiple channels."

Since joining MUFG in 2015, Mr. Fattell has served as the Head of Transaction Banking Americas Product Management. Over the course of his more than 25 years in the financial services industry, Mr. Fattell has managed operations and technology, e-commerce, and product management organizations at HSBC, Citigroup, and JPMorgan Chase. Currently, he is on The Clearing House's Payments Committee Board, represents the Payments Committee on The Clearing House's Enterprise Risk Committee, and is on the MasterCard Treasury Management Advisory Board.

"We are excited to have Ray take on this role given his deep understanding of the Transaction Banking needs of our corporate and institutional clients," said Mr. Lindenberg. "Ray's leadership, market knowledge, and commitment to client service will enable us to continue to deliver value to our clients and drive the strategic growth of this franchise in the Americas."