MUFG hires Robert Ellenbogen as senior credit analyst to enhance leveraged finance platform

Rhea-AI Summary

Mitsubishi UFJ Financial Group (MUFG) has appointed Robert Ellenbogen as Managing Director and Senior Credit Analyst within its Leveraged Finance team, effective March 20, 2023. Based in New York, Ellenbogen will focus on delivering industry and company-specific analysis primarily for the energy sector. His extensive experience includes roles at Credit Suisse and Zolfo Cooper. This strategic hire aims to enhance MUFG’s capabilities in deal origination, sales, trading, and investor connectivity, particularly in energy financing, where MUFG holds a significant position as a lender and underwriter.

Positive

• Appointment of Robert Ellenbogen expected to enhance MUFG's analytical capabilities in the energy sector.
• Ellenbogen's extensive experience in the energy industry strengthens MUFG’s position in leveraged finance.

Negative

• Potential concerns about continuity due to recent management changes in the team.

Ellenbogen joins as Managing Director to bolster primary and secondary market capabilities with focus on energy sector

NEW YORK, March 20, 2023 /PRNewswire/ -- Mitsubishi UFJ Financial Group (MUFG's) (NYSE: MUFG) announced today that it has hired Robert Ellenbogen to its Leveraged Finance team as a Managing Director and Senior Credit Analyst.

Ellenbogen will be responsible for delivering industry and company-specific analysis to MUFG's Leveraged Finance Platform in support of deal origination, sales and trading, and investor connectivity, with a focus on the energy sector. Joining MUFG on March 20, 2023, he will be based in New York and report to Todd Bondy, Head of Leveraged Trading.

"Rob has a distinguished track record covering the energy industry," says Bondy. "As one of the world's leading debt houses in the energy space, we believe his caliber and experience are valuable additions that will afford us penetrating insights—especially in areas where MUFG is a significant lender and underwriter."

Ellenbogen joins MUFG from Credit Suisse, where he was a Managing Director and High-Yield Strategist, and before then was part of their Leveraged Finance Origination and Restructuring group. Prior to his role at Credit Suisse, Robert served as a restructuring banker at Zolfo Cooper, an advisory firm.

Ellenbogen is the latest in a succession of new additions to MUFG's leveraged finance platform in New York including Garret Rowan, who joined in June 2022 as Director of High-Yield Trading; Michael Macchia, who started in August 2022 as Director of Leveraged-Finance Sales; Craig Zando, who was hired in November 2022 as a Director of High-Yield Sales; and Bobby Grogan, who joined in January 2023 as Director of Leveraged Loan Sales.

Press contact:

Oksana Poltavets
D: +1-646-767-1326
opoltavets@us.mufg.jp

About MUFG and MUFG Americas
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 approximately 2,100 locations in more than 50 countries. MUFG has nearly 160,000 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 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.

MUFG's Americas operations, including its offices in the U.S., Latin America, and Canada, are primarily organized under MUFG Bank, Ltd. and subsidiaries, and are focused on Global Corporate and Investment Banking, Japanese Corporate Banking, and Global Markets. MUFG is one of the largest foreign banking organizations in the Americas. For locations, banking capabilities and services, career opportunities, and more, visit www.mufgamericas.com.

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SOURCE MUFG

FAQ

Who has MUFG hired as a Senior Credit Analyst?

MUFG has hired Robert Ellenbogen as a Senior Credit Analyst.

What is Robert Ellenbogen's role at MUFG?

Ellenbogen will serve as Managing Director and Senior Credit Analyst, focusing on the energy sector.

When did Robert Ellenbogen join MUFG?

He joined MUFG on March 20, 2023.

What previous experience does Robert Ellenbogen have?

Ellenbogen previously worked at Credit Suisse and was part of their Leveraged Finance Origination and Restructuring group.

Why is MUFG hiring Robert Ellenbogen significant?

His appointment is significant as it aims to bolster MUFG's capabilities in leveraged finance, especially within the energy sector.