Mitsubishi UFJ Financial Group’s (MUFG) banking arm, the Bank of Tokyo-Mitsubishi UFJ, has appointed Ed Langendam as managing director, corporate banking, Germany.
Starting on January 4, 2016, he will be in charge of growing the bank’s presence in Germany, including through the facilitation of trade finance requirements for German clients and multinational clients based in Germany.
He will split his time between Frankfurt and Dusseldorf, reporting to Yoshitake Manabe and Sébastien Rozès, co-heads of corporate banking for Emea.
Rozès comments: “Yoshi and I are delighted to welcome Ed to MUFG. His extensive banking experience will be invaluable in our efforts to grow market share in Germany, which is a key strand of our overall strategy to expand our global corporate banking business. Many of our German clients and potential clients have important funding and hedging needs to fulfil and need a trusted partner to help them achieve these, as well helping them to further expand outside Germany, notably in Asia where we have excellent coverage.”
Langendam joins from Dutch bank NIBC, where he was managing director in charge of German and Dutch corporate clients, and most recently CEO of the German branch, including responsibility for the UK and Belgium. He focused on mergers and acquisitions, structured finance, capital markets, corporate lending and savings products.
He started his corporate banking career at ABN Amro in 1985, where he was promoted through various regional branches, before being transferred to Germany in 1997.