MUFG has appointed David Goring-Thomas as the Global Head of its Aviation Finance business, following the completion of the acquisition of DVB Bank’s Aviation Finance lending business.
David, who will be based in London, previously held the position of Board Member responsible for Aviation Finance at DVB Bank. He will be tasked with ensuring a smooth integration as the combined team looks to build upon the strong foundation MUFG holds in the aviation sector around the world.
John Winter, Head of MUFG’s Global Corporate Investment Banking unit in EMEA and CEO of MUFG Securities EMEA, said: “Investment in our global aviation finance platform has formed a key part of MUFG’s strategy in recent years. David and the team joining from DVB Bank bring a wealth of experience and knowledge which will propel MUFG’s status in the sector and enable us to offer our aviation clients a broader range of products and capabilities, outside of our existing origination and lending capabilities.”
David Goring-Thomas added: “I am looking forward to spearheading the next phase of growth for MUFG as it expands its offering in the aviation space, and collaborating with the existing teams and clients around the world. This investment in MUFG’s aviation finance business will be incredibly powerful; as one of the world’s biggest banks, with a deep heritage in Japan, MUFG is well-placed to offer a unique, global perspective to our clients.”
Prior to joining DVB Bank in 1998, David worked at the Long-Term Credit Bank of Japan, the Swiss Bank Corporation, and NatWest Bank. He studied Economics at the University of Manchester.
Announced in March, MUFG has acquired DVB Bank’s entire aviation finance client lending portfolio (approximately €4 billion as of November 18 2019), employees and other parts of its operating infrastructure.
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Contact:
MUFG
Borouj Consulting
Randa Mazzawi
T: +971 50 4506120
E: randa@boroujconsulting.com
Nicola Ellegaard
T: +971 52 1678103
E: nicola@boroujconsulting.com
About MUFG
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,700 locations in more than 50 markets. The Group has over 180,000 employees, and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.
MUFG aims to be the world’s most trusted financial group through close collaboration among its operating companies, and to respond to all of the financial needs of its clients, serving society, and fostering shared and sustainable growth for a better world.
MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.
Please visit our website for more information - mufgemea.com.
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