Mitsubishi UFJ Financial Group (MUFG) has named Marilyn Gan as its new managing director and head of origination for aviation in Asia Pacific.
She transfers over to MUFG as part of the bank’s acquisition of DVB Bank’s aviation finance unit in March this year, which saw MUFG take control of the German bank’s €4bn client portfolio.
Gan will start in her new role with immediate effect and will report to the head of the bank’s Asian investment banking division, Masayuki Fujiki. She’s tasked with overseeing the strategic growth of MUFG’s aviation financing portfolio in the region.
Gan was previously DVB’s head of aviation finance in Asia Pacific, however she has held various roles during her 13-years at the German bank, leading teams in Europe, the Middle East and Africa to develop new markets and the bank’s lending platform.
Prior to DVB, Gan served as assistant vice-president at insurance broker Marsh and McLennan, where she moved after a six-year stint at Singapore Aircraft Leasing Enterprise.
Speaking about the appointment, MUFG’s head of global corporate and investment banking, Richard Yorke, says: “MUFG’s investment in its global aviation finance platform reflects our focus on adopting an industry-focused approach in growing our corporate banking business. With Marilyn’s wealth of experience and know-how in this field, I am confident she will play a pivotal role in elevating MUFG’s standing in the aviation sector in Asia.”
Gan, who will continue to be based in Singapore, says: “I look forward to driving MUFG’s aviation financing business in Asia to new heights and am privileged to be part of a strong and passionate team with an established track record of excellence in Asia.”