MUFG Union Bank named Anvar Hodjaev head of healthcare for its commercial banking division. Based in Los Angeles, Hodjaev will lead the bank’s healthcare industry team and report to Adam Feit, managing director and head of financial sponsors, healthcare and life sciences for MUFG Union Bank.

“Anvar brings a wealth of experience and expertise to a crucial business for MUFG Union Bank,” Feit said. “As half of our lending commitments come from industry specialties, we continue to lean into our ability to leverage the combination of both local coverage and specialized industry expertise in critical individual sectors for our clients.”

As head of healthcare, Hodjaev will expand the bank’s commitment to deliver holistic banking and capital markets solutions and help clients with their sector-specific challenges and unique needs. The recently formed healthcare team’s coverage will include pharmaceuticals, medical instruments, devices and supplies, healthcare providers, healthcare payers and managed services, life sciences, healthcare IT, healthcare REITs, and other healthcare services. The group also will cover healthcare-focused venture capital and private equity companies.

“I am thrilled about this new opportunity, new team and new venture,” Hodjaev said. “This past year, we all saw the critical importance of the healthcare sector, and we anticipate even greater growth for the industry moving forward. With growth comes increasing capital and advisory needs, and I look forward to working with clients to identify and help solve for their financing objectives.”

Hodjaev has more than 15 years of banking experience. Previously, he worked with MUFG’s capital markets group, focusing primarily on covering the healthcare and middle market sectors. Before joining the bank in 2010, he was a director with Oppenheimer & Co in the leveraged finance capital markets group.