Wednesday, 14 August 2024
MUFG appoints veteran banker Benjamin Lam to lead its Global Corporate & Investment Banking franchise in China
Shanghai, 27 September 2023 - MUFG Bank, Ltd. (MUFG) has appointed Benjamin Lam as Managing Director, Head of Global Corporate and Investment Banking (GCIB), China, and Head of the China Business Division for its wholly owned subsidiary MUFG Bank (China), Ltd. (MUFG China). Benjamin joins MUFG from JPMorgan Chase Bank China and is based in Shanghai.
“Benjamin brings to this position a deep understanding of the business landscape and regulatory environment, as well as a proven track record in delivering organisational transformation and success,” said Tony Lee, MUFG’s Head of Global Corporate & Investment Banking for East Asia. “His leadership and insight will be of the utmost importance as we look to expand our presence in China and take our Global Corporate and Investment Banking franchise to the next level in this priority market.
In his roles, Mr. Lam will be responsible for the growth of MUFG China's non-Japanese corporate and investment banking businesses, covering local and global corporates, Chinese state-owned enterprises as well as financial institutional clients.
A veteran banker, Mr. Lam has over 30 years of experience spanning retail banking, mid-market and large corporate banking and transaction banking. Since 2012, he served in several senior positions at JPMorgan Chase Bank China, including Deputy President and Head of Trade China and Head of Trade Sales Greater China. During this time, he spearheaded a successful re-engineering of the bank’s China trade and supply chain finance business.
Mr. Lam began his career with HSBC in 1989, and subsequently joined other institutions including Deutsche Bank and ANZ Bank in China, where he oversaw corporate client portfolios and business strategy for trade finance respectively.
Re-disseminated by The Asian Banker
