MUFG Americas Holdings, a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, has ankled Donna Dellosso as the Chief Risk Officer for the Americas for MUFG Americas and its U.S. banking subsidiary, MUFG Union Bank.
Ms. Dellosso will serve on the company’s Executive Committee for the Americas as a policy making officer. She will be based in New York and report to the President and Chief Executive Officer for MUFG Union Bank, Stephen Cummings, and to Kanetsugu Mike, Regional Executive for the Americas.
Ms. Dellosso has more than 30 years of risk management experience, with deep expertise across investment banking, capital markets, treasury services and asset management. She joins MUFG from JPMorgan Chase Bank, N.A., where she spent 18 years in a variety of senior risk management roles, most recently as Managing Director and Chief Risk Officer for the lead bank, JPMorgan Chase Bank, N.A., and prior to that as the Managing Director and Chief Risk Officer for the Asset Management division.
In addition to her tenure at JPMorgan Chase Bank, N.A., Ms. Dellosso worked in risk for Smith Barney Inc., Kidder, Peabody & Co. Incorporated, and The Nikko Securities Co. International, Inc. She holds a B.S. in accounting from St. John’s University.
In her new role, Ms. Dellosso will be responsible for providing strategic direction for risk and credit management for the Americas, including enterprise-wide risk, compliance and business security for MUFG’s operations in the United States, Latin America and Canada. She will manage and ensure implementation of the company’s cyber security, including information, digital, cloud computing and vendor security. She also will oversee the company’s relationships with key regulatory agencies and with compliance procedures.
MUFG (Mitsubishi UFJ Financial Group, Inc.) is one of the world’s leading financial groups, with total assets of approximately ¥264 trillion (JPY) or $2.4 trillion (USD)1, as of March 31, 2015. Headquartered in Tokyo and with approximately 350 years of history, MUFG is a global network with over 1,100 offices in 50 countries. professionals throughout MUFG in the Americas.
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