Christopher Perretta Named Chief Information & Operations Officer for the Americas for MUFG Americas Holdings Corporation
February 02 2016 - 4:15PM
Business Wire
MUFG, one of the world’s leading financial groups, today
announced that Christopher Perretta will join the company as Chief
Information & Operations Officer for MUFG Americas Holdings
Corporation and its U.S. banking subsidiary, MUFG Union Bank, N.A.,
effective April 1, 2016.
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Christopher Perretta (Photo: Business
Wire)
Perretta will also serve on the company’s Executive Committee
for the Americas as a policy making officer. He will be based in
New York and report to President and Chief Executive Officer for
MUFG Union Bank, N.A., Stephen Cummings.
Perretta most recently served as Global Head of Enterprise Data
and Technology for State Street Corporation in Boston. There he led
the company’s overall technology strategy while aggregating State
Street’s data and insights for global clientele. Previously, he
served as State Street’s Chief Information Officer, responsible for
all aspects of the company’s information technology businesses and
activities.
“Chris is a recognized technology and operations leader, and we
are extremely pleased that he is joining us,” said Cummings. “He
brings a depth of experience managing multi-tiered technology and
operations initiatives and a proven track record of high-level
precision, planning and execution to IT projects that address some
of the most complex challenges our industry faces today.”
Among his many professional achievements, Perretta was
instrumental in formulating a publicly announced, multi-year
transformational program that delivered significant efficiencies
and cost savings to State Street’s IT and operations platforms via
global service sourcing, Lean process design, and technology
architecture initiatives.
Prior to joining State Street in 2007, Perretta served in key
executive positions for General Electric Corporation, capped by his
role as Chief Information Officer of GE Commercial Finance.
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 $116.2 billion at December 31, 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 December 31, 2015, MUFG Union Bank,
N.A. operated 369 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 leading financial groups. Visit
www.unionbank.com or www.mufgamericas.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 ¥295.8 trillion (JPY) or $2.5 trillion (USD)1, as of
December 31, 2015. Headquartered in Tokyo and with approximately
350 years of history, MUFG is a global network with about 1,200
offices in nearly 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 1 USD = ¥120.6 (JPY) as of December 30, 2015.
©2016 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 CorporationTom HoagwoodT:
+1-415-773-2494E: thomas.hoagwood@unionbank.com
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