Mitsubishi UFJ Financial Group (MUFG) hired Rajesh (Raj) Kapadia as international head of capital markets. Kapadia will be responsible for the oversight, operation and growth of MUFG’s capital markets business globally, including debt and equity capital markets and leveraged finance.

“MUFG is committed to providing our global clients with the products, services and insights to compete as a top tier global debt solution provider, and Raj is a key investment in that strategy,” Ko Oshima, international supervision executive of capital markets for MUFG, said. “His 25-year career in debt financing, market expertise, and network of corporate and sponsor-based relationships will elevate our platform and advance our portfolio of capital financing solutions worldwide.”

“Raj brings a client-focused strategic lens to our capital markets business, and as we continue to evolve the platform, supplementing our strong investment grade franchise with increasing leveraged finance orientation, his deep expertise will accelerate our success in this area,” Randall Chafetz, deputy CEO of global corporate and investment banking for MUFG, said. Chafetz served as the interim international head of capital markets prior to Kapadia’s hiring.

Kapadia will be based in New York and will report globally to Oshima. He will have global leadership of MUFG’s regional capital markets businesses in the Americas, EMEA and Asia.

“This is an exciting time to join MUFG and to head such an important business and area of growth for the firm,” Kapadia said. “The strong historical success of MUFG’s global investment grade capital markets business combined with its growing leveraged finance business will create an array of new opportunities for clients and the franchise.”

Kapadia will join MUFG in January 2021 after a 25-year career at JPMorgan, where he was most recently co-head of technology, media and telecom leveraged finance. In addition to this role, Kapadia has worked with investment grade clients for crossover financings.