Damian McAree has joined MUFG Investor Services as executive director for business development in Europe, the Middle East and Africa (EMEA).
McAree will help drive new business for MUFG’s asset servicing solutions, including fund administration, middle-office outsourcing, custody, depository and trustee services, throughout the EMEA region.
He brings more than 18 years of experience in the investment services industry, and joins from Capita Asset Services, where he spent six years as head of business development for the Irish and offshore fund servicing products.
Before this, McAree was vice president for European sales at PNC Global Investment Servicing, which is now part of BNY Mellon.
In his new role, he will report to Marc Russell-Jones, managing director and regional head of business development at MUFG Investor Services.
Russel-Jones said: “Damian McAree’s appointment is a key hire in our strategy to grow organically and continue providing best in-class asset servicing solutions for clients.”
“[He] has a wealth of experience in developing strategic client relationships and his expertise and understanding of the EMEA market underpin our growth plans over the coming years.”
McAree added: “This is an exciting time in MUFG Investor Services’s development and I look forward to helping MUFG Investor Services achieve its growth plans. There is such an array of services that managers need in today’s world and MUFG is ideally positioned to support clients throughout the investment lifecycle.”
