Mitsubishi UFJ Financial Group Securities, the world’s leading financial services provider, has hired former Barclay’s top executive, John Winter as its newest Chief Executive Officer for its EMEA division.
In addition to the role in MUFG Securities EMEA, Winter will also head the MUFG Bank’s Global Corporate and Investment Banking (GCIB) business in the same region. His appointment is effective from April 1st and will oversee the company’s effort to develop the company’s strategy and governance for its securities business across the EMEA region.
John Winter will replace the outgoing CEO David King, who has been holding the position for the last nine years. Winter, 54 is an experienced market professional with over three decades of experience in investment and corporate banking. He started his career in 1985 with Merill Lynch in New York, then in 1992, went to London to oversee the company’s franchise in Germany. He has also worked with Deutsche Bank as Head of European debt capital markets for nearly five years.
At Barclays, Winter worked for over 15 years serving multiple positions including Head of its EMEA investment banking division and also CEO of the corporate banking division, the position he has held since 2010. John holds an MBA degree specialising in finance from New York University.
The group also announced the launch of its European indirect subsidiary MUFG Securities (Europe) N.V. in Amsterdam with a presence in Paris through a branch. The new European subsidiary will ensure the continuation of MUFG services across Europe in case of a hard Brexit.
For the new subsidiary, the group was granted a license in December 2018 to operate as an investment firm by the Dutch Authority for the Financial Markets. Other major financial services provider including Nomura, Daiwa Securities, and Sumitomo Mitsui Financial Group (SMFG) have chosen Frankfurt as their base post the Brexit.