MUFG is bolstering its Global Markets division in the Americas by hiring David Paster as the group’s U.S. head of Corporate Sales.

Paster, a managing director, will be based in New York and is scheduled to begin his role in the fall of 2019. He will report to Bill Mansfield, regional head of Global Markets for the Americas; and to Tatsuo Ichioka, deputy regional head of Global Markets for the Americas.

In this newly created role, Paster will work closely with MUFG’s Global Corporate and Investment Banking, Capital Markets, and Regional Bank businesses to fortify the bank’s client relationships.

“David will be responsible for delivering foreign exchange and derivative risk-management solutions to our corporate clients in the region,” Mansfield said. “MUFG has made great progress in building a top corporate-banking debt house in the Americas, and David’s addition demonstrates our commitment to the business and to enhancing our engagement with clients.”

With nearly 20 years of sales experience in foreign exchange and derivatives products, Paster joins MUFG from Bank of America Merrill Lynch, where he was managing director, head of Corporate FX Sales.