Mitsubishi UFJ Financial Group hired Sandy Salgado as a managing director and head of its Latin America Corporate Banking (LACB) group. He will be based out of New York and report to John Koike, who had been serving as interim head of the group.
Salgado previously spent four years at Banco Santander, where he was head of Consumer, Retail & Healthcare for North America. While at Santander, he was responsible for a significant portion of the U.S. Corporate and Investment Bank’s revenues.
“Adding Sandy to MUFG’s Latin American Corporate Banking team provides a tremendous boost to our business as he brings the right blend of skills and passion that are necessary to effectively lead this critical franchise,” said Koike. “Great opportunities exist in this fertile region and, with Sandy’s experience in Latin America, I am confident he and his team can deliver consistent value to our clients.”
Before working at Santander, Salgado spent seven years with BBVA as chairman of BBVA Securities and head of Wholesale Banking and Asset Management, USA. He also held several leadership positions at Citigroup, where for 15 of his 21 years at the bank, he was based in Argentina and Brazil.