MUFG announces new Head of CLO
Rhea-AI Summary
MUFG has appointed John Clements as Managing Director and Head of CLO, where he will lead origination, structuring, and syndication efforts across various CLO platforms. Based in New York, Clements will report to Ann Tran, Managing Director and International Head of Securitized Products.
Clements brings extensive experience from his previous role as Managing Director, Head of CLO Primary at Barclays since 2018, and his 17-year tenure at Citigroup as Managing Director, Co-Head of CLO Primary. He also held positions at JP Morgan Chase and Chase Manhattan Bank.
Positive
- Strategic hire with extensive CLO experience from top financial institutions
- Strengthens MUFG's leadership position in the CLO space
- Potential for continued growth in CLO business under new leadership
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, MUFG gained 0.41%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
John will lead the origination, structuring and syndication efforts across the broadly syndicated, middle market, private credit, and infrastructure CLO platforms. Based in
Ann Tran, Managing Director, International Head of Securitized Products, commented: "MUFG is a leader in the CLO space, where we've provided innovative structuring solutions and executed debut transactions for CLO managers. With John's experience, we will continue to provide trusted insight and solutions for clients. We're thrilled to welcome John and look forward to the continued growth in our CLO business."
Prior to joining MUFG, John was Managing Director, Head of CLO Primary at Barclays since 2018. He previously spent 17 years at Citigroup, including as Managing Director, Co-Head of CLO Primary, and also held positions at JP Morgan Chase and Chase Manhattan Bank.
About MUFG and MUFG Americas
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in
MUFG's
Media Contact:
Benjamin Glaser
bglaser@us.mufg.jp
View original content to download multimedia:https://www.prnewswire.com/news-releases/mufg-announces-new-head-of-clo-302450167.html
SOURCE MUFG Bank, Ltd.