Maureen Sullivan has joined Mitsubishi UFJ Financial Group (MUFG) as head of supply chain finance for the Americas.
In her new assignment, which she began on March 26, she will seek to expand the bank’s supply chain finance client portfolio, enhance client relationships and develop a business development plan across industry verticals.
She joins from HSBC, where she was head of solutions structuring, dealing with receivables, commodity finance and supply chain finance. In her time with HSBC she was responsible for brokering fintech partnerships.
Sullivan joined HSBC from Bank of America Merrill Lynch, where she was head of North America trade sales, two years ago. She has previously held senior trade finance roles at Citi and JP Morgan.
She reports to Jon Lindenberg, deputy head of investment banking for the Americas, and will divide the role between bases in New York and Chicago.
Lindenberg says: “Maureen’s leadership capabilities and experience make her a natural choice to manage MUFG’s supply chain finance business. Her demonstrated success on a wide-range of global banking platforms will undoubtedly add value for our clients, all of whom are seeking innovative, tailored solutions to best manage their supply chain finance needs.”
Sullivan replaces Greg Hurst, who had been the interim head since August. He returns to the bank’s securitisations group where he is a managing director.