Donna Dellosso Named Chief Risk Officer for the Americas for MUFG Americas Holdings Corporation
September 10 2015 - 6:30PM
Business Wire
MUFG, one of the world’s leading financial groups, today
announced that Donna Dellosso will join the company as the Chief
Risk Officer for the Americas for MUFG Americas Holdings
Corporation and its U.S. banking subsidiary, MUFG Union Bank,
N.A.
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Donna Dellosso (Photo: Business Wire)
Ms. Dellosso will serve on the company’s Executive Committee for
the Americas as a policy making officer. She will be based in New
York and report to the President and Chief Executive Officer for
MUFG Union Bank, Stephen Cummings, and to Kanetsugu Mike, Regional
Executive for the Americas.
Ms. Dellosso has more than 30 years of risk management
experience, with deep expertise across investment banking, capital
markets, treasury services and asset management. She joins MUFG
from JPMorgan Chase Bank, N.A., where she spent 18 years in a
variety of senior risk management roles, most recently as Managing
Director and Chief Risk Officer for the lead bank, JPMorgan Chase
Bank, N.A., and prior to that as the Managing Director and Chief
Risk Officer for the Asset Management division. In addition to her
tenure at JPMorgan Chase Bank, N.A., Ms. Dellosso worked in risk
for Smith Barney Inc., Kidder, Peabody & Co. Incorporated, and
The Nikko Securities Co. International, Inc. She holds a B.S. in
accounting from St. John’s University.
In her new role, Ms. Dellosso will be responsible for providing
strategic direction for risk and credit management for the
Americas, including enterprise-wide risk, compliance and business
security for MUFG’s operations in the United States, Latin America
and Canada. She will manage and ensure implementation of the
company’s cyber security, including information, digital, cloud
computing and vendor security. She also will oversee the company’s
relationships with key regulatory agencies and with compliance
procedures.
“I am extremely pleased Donna will be joining our company and
look forward to working alongside a leader with such an extensive
resume of risk and credit experience,” said Mr. Cummings. “Donna
emerged as our top choice after a thorough international search and
a rigorous interview process. She will lead a team of 1,400
professionals throughout MUFG in the Americas and is a welcome
addition to our team.”
About MUFG Americas Holdings Corporation
Headquartered in New York, MUFG Americas Holdings Corporation is
a financial holding company and bank holding company with total
assets of $114.3 billion at June 30, 2015. Its principal
subsidiary, MUFG Union Bank, N.A., provides an array of financial
services to individuals, small businesses, middle-market companies,
and major corporations. As of June 30, 2015, MUFG Union Bank,
N.A. operated 390 branches, comprised primarily of retail banking
branches in the West Coast states, along with commercial branches
in Texas, Illinois, New York and Georgia, as well as two
international offices. MUFG Americas Holdings Corporation is a
wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd.
which is a wholly-owned subsidiary of Mitsubishi UFJ Financial
Group, Inc., one of the world’s leading financial groups. Visit
www.unionbank.com for more information.
About MUFG (Mitsubishi UFJ Financial Group, Inc.)
MUFG (Mitsubishi UFJ Financial Group, Inc.) is one of the
world’s leading financial groups, with total assets of
approximately ¥264 trillion (JPY) or $2.4 trillion (USD)1, as of
March 31, 2015. Headquartered in Tokyo and with approximately 350
years of history, MUFG is a global network with over 1,100 offices
in 50 countries. The Group has over 140,000 employees and about 300
entities, offering services including commercial banking, trust
banking, securities, credit cards, consumer finance, asset
management, and leasing. The Group’s operating companies include
Bank of Tokyo-Mitsubishi UFJ, Mitsubishi UFJ Trust and Banking
Corporation (Japan’s leading trust bank), and Mitsubishi UFJ
Securities Holdings Co., Ltd., one of Japan’s largest securities
firms. Through close partnerships among our operating companies,
the Group aims to “be the world’s most trusted financial group,”
flexibly responding to all of the financial needs of our customers,
serving society, and fostering shared and sustainable growth for a
better world. MUFG’s shares trade on the Tokyo, Nagoya, and New
York (NYSE: MTU) stock exchanges. Visit
www.mufg.jp/english/index.html.
1 Exchange rate of USD = ¥120.17 (J-GAAP) as of March 31,
2015
©2015 Mitsubishi UFJ Financial Group, Inc. All rights reserved.
The MUFG logo and name is a service mark of Mitsubishi UFJ
Financial Group, Inc., and is used by MUFG Americas Holdings
Corporation with permission.
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MUFG Americas Holdings CorporationThomas HoagwoodT:
+1-415-773-2494E: thomas.hoagwood@unionbank.com
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