MUFG Investor Services has appointed Kate Stallard as its new executive director for business development in Europe, the Middle East and Africa.
The asset servicing arm of Mitsubishi UFJ Financial Group has replaced Richard Harland with Stallard, who joins from financial services consultancy Iris Partners, which she founded in 2010.
Her appointment is designed to strengthen MUFG’s relationships with private equity, real estate and infrastructure firms on matters including fund administration and asset financing. Stallard will report to Marc Russell-Jones, who joined in July as head of business development for EMEA.
“The private equity, real estate and infrastructure sectors are a strategic growth priority for MUFG Investor Services and we are investing heavily in highly experienced teams and technology, while continuing to enhance our offering,” Russell-Jones said in a statement.
MUFG currently administers services for over 2,400 funds across a variety of investment strategies, asset types and fund structures.