Daily News: November 19, 2018

Garvey Joins MUFG Securities Americas Board as Director


Eileen Garvey joined MUFG as an independent non-executive director on the MUFG Securities Americas board. Garvey is the firm’s third independent non-executive director and the second woman to join its board.

Over the course of her 35-year career, Garvey provided counsel to boards, audit committees, and client management teams through periods of high growth and organizational restructuring and has helped global banking and capital markets institutions solve complex issues.

Most recently, she served as managing partner and talent leader within Ernst & Young’s Financial Services Organization (FSO), where her responsibilities included operations, human resources and talent strategy. Garvey also served as the FSO Diversity and Inclusiveness leader and as a representative on the National Inclusivity Advisory Council.

Prior to her retirement in 2017, Garvey also served on EY’s partner advisory council, which functions as an internal board of directors for EY Americas senior leadership.

“Adding Eileen to our board demonstrates a commitment to developing our talent, serving our clients, and generating returns for our shareholders,” said Bill Mansfield, CEO of MUFG Securities Americas. “With a unique business insight developed over the course of her distinguished 35-year career, Eileen’s valuable counsel will help ensure we continue to manage change effectively.”

In addition to her director role, Garvey will serve as a member of the board’s Risk, Audit, Compensation and Nomination Committees.

“Eileen’s experience in working with financial institutions through periods of change will make her viewpoint and opinions particularly worthwhile as we look to add value for all of our constituencies,” said Yasutaka Suehiro, deputy chief operating officer international for Mitsubishi UFJ Securities Holdings and chairman of the board for MUFG Securities Americas. “I expect her expertise will be highly regarded as we continue to thoughtfully transform our business to best serve our clients.”