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MUFG gets a new regional head for its GBCI department: Japan’s Mitsubishi UFJ financial group (MUFG) has promoted Wael Al Sharif (LinkedIn) to be its head of global corporate and investment banking for the Middle East and North Africa, according to a press release (pdf). nAl Sharif was previously deputy head of the unit.
He succeeds Elyas Al Gaseer (LinkedIn), who had led the unit since 2013 and who will become the vice chair for corporate and investment banking with a focus of advisory the bank’s senior clients across the MENA. Al Sharif’s promotion is effective 1 April; he will remain based in Dubai.
Recent track record: MUFG’s global corporate and investment banking team has a proven track record in aviation (including arranging a USD 2.1 bn bridge facility for AviLease’s acquisition of StanChart’s aviation leasing platform), as well as project finance, and debt capital markets, including suskuk and ESG-linked transactions.
