Press release from Business Wire
Bank of Tokyo-Mitsubishi UFJ Appoints Charles M. Trunz III as Chief Risk Officer for the Americas
Tuesday, May 18, 2010
Bank of Tokyo-Mitsubishi UFJ Appoints Charles M. Trunz III as Chief Risk Officer for the Americas17:51 EDT Tuesday, May 18, 2010 NEW YORK (Business Wire) -- The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) today announced that Charles M. Trunz III will join the bank in New York as Chief Risk Officer on May 18. He will be responsible for all risk management and compliance functions for the Americas. Mr. Trunz is a seasoned professional who held senior financial, operating and other management positions supporting the global markets, securities, and investment banking businesses during 20 years with J.P. Morgan & Co. Incorporated, a predecessor of JPMorgan Chase. He led a task force that redefined global risk management practices for the firm and frequently represented J.P. Morgan in interactions with regulators. In 2002, after leaving J.P. Morgan, Mr. Trunz became Co-Chief Operating Officer of the North Shore–LIJ Health System and President of North Shore Health Enterprises. He is a graduate of Georgetown University and a Certified Public Accountant. “I am excited to take on the challenge of supporting BTMU's growing business in the Americas by developing a first class risk management and compliance infrastructure,” Mr. Trunz said. “Bringing Charles Trunz on board as Chief Risk Officer to lead our risk management and compliance functions will serve us well going forward,” said Mr. Yoshiaki Kawamata, the bank's CEO for the Americas, adding, “Our growth strategy demands superior systems for managing risk across an increasingly complex financial enterprise.” About The Bank of Tokyo-Mitsubishi UFJ, Ltd. The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) is Japan's premier bank, with a global network spanning over 40 countries. BTMU offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. In the Americas, BTMU has offices throughout the U.S., Canada, and Central and South America serving mainly corporate clients. BTMU's parent, Mitsubishi UFJ Financial Group (MUFG), is one of the world's leading financial groups, with total assets of more than JPY 204 trillion (approximately US$2.19 trillion) as of March 31, 2010. MUFG's services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group's operating companies include BTMU, Mitsubishi UFJ Trust and Banking Corporation, Japan's leading trust bank, and Mitsubishi UFJ Securities, one of Japan's largest securities firms. MUFG's shares trade on the Tokyo, Osaka, Nagoya, and New York (NYSE: MTU) stock exchanges.