David Paster Appointed as Head of Mitsubishi UFJ’s Corporate Sales - The Industry Spread

Karthik Subramanian

Karthik Subramanian has been a professional trader and fund manager over the last 18 years. He is basically a software developer who made the transition to financial domain around 18 years back as the attractiveness of the financial markets proved too much for him. He lives in Chennai in India along with his wife and son. He began his career as a software developer in 1999 and then gradually moved into the financial industry as he began trading stocks in his pastime. He then moved into the financial markets full time and then shifted his focus to the FX markets due to the liquid nature of these markets. Since then, he has been trading FX diligently and his favourite pair are the EURUSD and EURJPY. Over the last couple of years, he has found blockchain to be of high interest and considering his background in software and finance, he has since assembled a team of highly talented developers who have since worked on a variety of projects like crypto exchanges and blockchain architecturing. Now, he balances his time between trading and commenting on both the FX and crypto markets. He has worked with many publications including FX Street and Finance Magnates, which has helped him gain experience and also recognition across the industry. He loves to write and this passion has helped him to reach out across the FX and crypto industry. Right now, he works on his pet projects in the FX and crypto industry and spends his time writing and managing his blockchain team and helping it to reach higher.

David Paster Appointed as Head of Mitsubishi UFJ’s Corporate Sales

August 28, 2019

Japan based multinational financial service providing giant Mitsubishi UFJ Financial Group made an announcement earlier today revealing that the firm now has a new head of corporate sales. According to details revealed so far, the firm has now created a new role – head of corporate sales and hired industry veteran David Paster to serve in the mentioned role. David is an industry veteran with nearly two decades of experience in financial services industry most which he spent specialising in forex sales operations.  David is currently serving as Managing Director and Head of Corporate FX Sales in Bank of America Merrill Lynch’s New York office. He has been serving as Managing Director and Head of Corp. Sales for nearly six years and five months now.

David started his career in financial service industry back in 2000 post graduation from Hobart College with a bachelor’s degree in Economics. He started his career in Currency Derivatives department at Fleet Boston Financial where he served for period of 3 years and nine months. He then served in several tier 1 multinational banking giant in their Forex sales departments during the course of his 19 year long career. Post Fleet Boston, David joined Bank of America and served in their FX Sales department for six years and moved on to Deutsche Bank where he again served in the firm’s FX Sales department. Post his 3 year long tenure at Deutsche Bank, David then joined his current role as MD and Head of Corporate FX Sales at BOA Merrill Lynch.

While there are reports online which state that Dave has resigned from BOA Merrill Lynch, the changes are yet to reflect in Dave’s official LinkedIn account. The announcement also fails to reveal since when does his new role as Head of Corporate FX Sales at Mitsubishi UFJ begins officially. However, we do know that David will be based out of the Japanese financial service provider’s New York office and will be reporting to Bill Davidson, who is serving as Head of Technology Banking in the New York office. In his role as Head of Corporate FX Sales, David is expected to focus on delivering forex and derivatives risk management products to the firm’s corporate clients who are based out of North America. But he is also expected to handle corporate sales related activities from across Americas market region.

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