Mark Petrinovic Joins the Bank of Tokyo-Mitsubishi UFJ as Managing Director & Head of Latin American Portfolio Management - Insurance News | InsuranceNewsNet

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August 19, 2011
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Mark Petrinovic Joins the Bank of Tokyo-Mitsubishi UFJ as Managing Director & Head of Latin American Portfolio Management

NEW YORK--(BUSINESS WIRE)-- The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) today announced that Mark Petrinovic has joined the Company as Managing Director and Head of Latin American Portfolio Management. He leads a team in the Latin American Business Department, within the Asian Corporate Banking Division.

Mark’s responsibilities include risk management of BTMU’s Latin American portfolio, working closely with the bank’s regional offices. He reports to David Gruppo, Group Head of the Latin American Business Department in the Asian Corporate Banking Division.

“Mark brings 20 years of experience in credit and market risk management to this new position,” says Mr. Gruppo. “His joining our team represents an important step forward in executing on our growth strategy in Latin America.”

Mark most recently was head of traded credit risk for North America at HSBC Bank USA, where he managed a team of 16 professionals covering credit approval, methodologies, analytics, and control for a $93-billion portfolio across 3,000 counterparties. Prior to HSBC, he spent 14 years at J.P. Morgan, where he held several positions including group credit executive for Latin America. Before that, he worked in international corporate finance at Citibank.

Mark lived in Mexico and Peru for 16 years and is fluent in Spanish and proficient in Portuguese and French. He holds a master’s degree in international finance from Columbia University’s School of International and Public Affairs, where he was an International Fellow.

About The Bank of Tokyo-Mitsubishi UFJ, Ltd.

The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) is Japan’s premier bank, with a global network spanning more than 40 countries. BTMU offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. In the Americas, BTMU has offices throughout the United States and in Canada, Mexico, and Central and South America serving mainly corporate clients. BTMU’s parent, Mitsubishi UFJ Financial Group, Inc. (MUFG), is one of the world’s leading financial groups, with total assets of more than JPY 206 trillion (approximately US$2.55 trillion) as of June 30, 2011. MUFG’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group’s operating companies include BTMU, Mitsubishi UFJ Trust and Banking Corporation (Japan’s leading trust bank), and Mitsubishi UFJ Securities Holdings Co., Ltd., one of Japan’s largest securities firms. MUFG’s shares trade on the Tokyo, Osaka, Nagoya, and New York (NYSE: MTU) stock exchanges.

For The Bank of Tokyo-Mitsubishi UFJ, Ltd.Elizabeth Lyman, 212-782-5856
[email protected]

Source: The Bank of Tokyo-Mitsubishi UFJ, Ltd.

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