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.
Please feel free to share your thoughts with us in the comments below.