MUFG Hires Kimberly Boulmetis to Lead U.S. Financial Institution Coverage for Debt Capital Markets Group

Rhea-AI Summary

Mitsubishi UFJ Financial Group (MUFG) has appointed Kimberly Boulmetis as Managing Director and Head of U.S. Financial Institutions for its Debt Capital Markets group, effective January 2022. Based in New York, Boulmetis will oversee coverage for various financial institution clients and enhance MUFG's capital market offerings. She joins from BTIG, bringing 25 years of industry experience and a strong background in capital markets. MUFG ranks among the top underwriters of U.S. investment-grade loans and bonds, with total assets of $319.8 billion as of September 30, 2021.

Positive

• Appointment of Kimberly Boulmetis brings extensive experience and market knowledge.
• Strengthens MUFG's leadership in servicing a diverse range of financial institution clients.

Negative

• None.

NEW YORK, Jan. 5, 2022 /PRNewswire/ -- Mitsubishi UFJ Financial Group (MUFG) announced today the hiring of Kimberly Boulmetis as a Managing Director and Head of U.S. Financial Institutions for the Debt Capital Markets group.

Based in New York, Ms. Boulmetis will assume her new role in January and report to Richard Testa, Head of Investment Grade Finance. She will be responsible for leading coverage of MUFG's broad roster of financial institution clients—including banks, insurance companies, asset management firms, private equity sponsors and business development companies (BDCs)—and for delivering the group's full gamut of capital markets capabilities to issuers of investment-grade debt.

"Kim's distinguished track record spans marquee institutions both large and small," says Mr. Testa. "She brings deep knowledge of markets, complex capital structures and intricate execution strategies—along with an entrepreneurial approach—that make her well-suited for MUFG's practice and culture as we carry out high-profile mandates for our clients and continue to grow."

Ms. Boulmetis joins MUFG from BTIG, where she was a Managing Director handling specialty finance within the firm's Investment Banking division. She has 25 years of experience covering the capital markets and financial institutions at a range of other firms including J.P. Morgan, Oppenheimer & Co., Bear Stearns and The Bank of New York. Ms. Boulmetis earned a J.D. from the Rutgers School of Law and a B.S. in finance from the University of Maryland.

About MUFG's Debt Capital Markets team
With a traditionally strong foundation in the investment-grade sector, MUFG's Debt Capital Markets team provides a full suite of financing and fixed-income advisory services to both private and public markets. The group serves corporate clients across various industry verticals in the Americas. According to data compiled by Bloomberg, MUFG was the 6^th largest underwriter of U.S. investment-grade loans and 13^th largest of U.S. investment grade bonds in 2021.¹ The bank has consistently ranked among the top issuers of investment grade and high-yield bonds and loans over the past 5 years.

About Mitsubishi UFJ Financial Group, Inc.'s U.S. Operations including MUFG Americas Holdings Corporation
The U.S. operations of Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world's leading financial groups, has total assets of $319.8 billion at September 30, 2021. As part of that total, MUFG Americas Holdings Corporation (MUAH), a financial holding company, bank holding company, and intermediate holding company, has total assets of $164.6 billion at September 30, 2021. MUAH's main subsidiaries are MUFG Union Bank, N.A. and MUFG Securities Americas Inc. MUFG Union Bank, N.A. provides a wide range of financial services to consumers, small businesses, middle-market companies, and major corporations. As of September 30, 2021, MUFG Union Bank, N.A. operated 298 branches, consisting primarily of retail banking branches in the West Coast states. MUFG Securities Americas Inc. is a registered securities broker-dealer which engages in capital markets origination transactions, domestic and foreign debt and equities securities transactions, private placements, collateralized financings, and securities borrowing and lending transactions. MUAH is owned by MUFG Bank, Ltd. and Mitsubishi UFJ Financial Group, Inc. MUFG Bank, Ltd., a wholly owned subsidiary of Mitsubishi UFJ Financial Group, Inc., has offices in Argentina, Brazil, Chile, Colombia, Peru, Mexico, and Canada. Visit www.unionbank.com or www.mufgamericas.com for more information.

About MUFG (Mitsubishi UFJ Financial Group, Inc.)
About MUFG Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 2,500 locations in more than 50 countries. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges.

For more information, visit https://www.mufg.jp/english 

¹ As of December 17, 2021

Press contact:
Assaf Kedem
(212) 782-4926
akedem@us.mufg.jp

©2022 Mitsubishi UFJ Financial Group, Inc. All rights reserved.
The MUFG logo and name is a service mark of Mitsubishi UFJ Financial Group, Inc.

 

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SOURCE MUFG

FAQ

What is the significance of Kimberly Boulmetis's appointment at MUFG?

Kimberly Boulmetis's appointment as Managing Director and Head of U.S. Financial Institutions is significant as it could enhance MUFG's capabilities in managing debt capital markets, leveraging her 25 years of experience.

When did MUFG hire Kimberly Boulmetis?

MUFG announced the hiring of Kimberly Boulmetis on January 5, 2022, effective from January 2022.

What are Kimberly Boulmetis's responsibilities at MUFG?

At MUFG, Kimberly Boulmetis will be responsible for leading financial institutions coverage and expanding the group's capital markets services to various clients.

What is MUFG's position in the investment-grade debt market?

As of 2021, MUFG was the 6th largest underwriter of U.S. investment-grade loans and the 13th largest underwriter of U.S. investment-grade bonds.