MUFG Investor Services, the asset servicing arm of Mitsubishi UFJ Financial Group, has hired Citi private banker Fi Dinh as head of fund finance for Asia Pacific.
Dinh most recently led a portfolio of private equity fund finance relationships and directed the ESG-linked financing initiative for business globally at Citi.
In her new role, Dinh will focus on expanding the fund financing business in Asia Pacific and supporting the overall growth of the global asset servicing and fund administration business.
“We’re pleased to welcome Fi to our team as Head of fund finance, APAC region,” said John Sergides, CEO of MUFG Investor Services. “Fi brings extensive experience across a wide range of fund financing roles which will be key to advancing our APAC growth strategy.”
“As the industry experiences a liquidity squeeze, banks across the globe are scaling down the fund financing space due to capital constraints. Given we have a strong and stable balance sheet, we’re committed to supporting fund financing needs across the broader alternatives market.”
Prior to joining Citi, Dinh spent three years setting up and leading ING’s fund finance and insurance finance business in Asia Pacific, based in Singapore. She previously spent a decade at Barclays in London and Dubai, where she was a director in the financial institutions group and helped build the private equity coverage business.
“MUFG Investor Services’ track record for maintaining a high client retention rate is a testament to our unwavering dedication to our clients, their challenges and potential,” said Dinh.
“This combined with MUFG being one of the largest and most stable financial institutions in the world is a winning formula in helping our clients accelerate growth in an increasingly competitive marketplace and I am thrilled to be a part of the team.”
