Mitsubishi UFJ Financial Group selected managing director Bill Davidson to lead the newly established Global Technology Sector as part of the bank’s Global Corporate and Investment Banking (GCIB) group. He will report to Randall Chafetz, managing executive officer of GCIB, and Kevin Cronin, head of the U.S. Wholesale and Investment Banking Group.

Davidson will be based in San Francisco and be responsible for expanding a global team of technology bankers, all of whom will be focused on deepening existing relationships and increasing MUFG’s roster of clients in the sector. He will also continue as head of the U.S. Technology Banking team.

“By selecting Bill to lead this group, our technology-sector clients will gain the benefit of a seasoned banking professional whose keen insights on the global tech industry translate into his ability to deliver useful and innovative financing solutions,” Chafetz said.

Since joining MUFG in 2012, Davidson has overseen the bank’s growing technology banking franchise in the U.S. The bank is now one of the U.S. technology sector’s largest foreign lenders.

“I am excited to work with the outstanding professionals on our team to leverage MUFG’s global presence and strong product capabilities to build a world-class technology banking practice,” Davidson said. “MUFG is well-positioned to meet the increasingly advanced global banking and financing needs of its technology industry clients.”