Mitsubishi UFJ Financial Group (MUFG) has hired two former RBS bankers to its investment and banking markets (IB&M) team: Mona Ghazzaoui and Thomas Educate.

Ghazzaoui leaves her position as executive director and head of supply chain finance to join MUFG as a managing director of North American supply chain finance. She has more than 25 years of experience in trade finance and supply chain finance. Based in Montreal, Canada, she will report to Akira Kawashima, head of securitisation.

Educate, former head of structured portfolio management, also has more than 25 years of experience in securitisation, asset-based lending and supply chain finance. He is based in Chicago, Illinois.

The team will be completed by Gina Camaiani and Sheryl Broca, and work closely with the existing members in securitisation and commodity and structured trade finance.

“We are thrilled to welcome this team, led by Mona, who will significantly boost our North American supply chain finance business,” says Johs Worsoe, head of IB&M. “This team is a part of our ongoing effort to organically grow with diversified investment banking and markets products in the Americas.”