Friday, 4 March 2022: Leading global investment manager, First Sentier Investors (FSI), today announced the appointment of Yoshiki Ueno to the role of Deputy Chief Executive Officer.
New York-based Ueno has been with FSI since August 2019 as Head of US Governance. In his role, he worked closely with Managing Director, Americas, Bachar Beaini, as he managed the US consultation and reporting process with FSI’s US parent companies - MUFG Americas and MUFG Fund Services (USA).
Prior to his time at FSI, Ueno spent over 20 years at FSI’s shareholder Mitsubishi UFJ Trust and Banking Corporation (The Trust Bank) in a variety of roles including corporate finance, strategy planning for asset management and investor services business, and project management office of integration projects.
In his new role, Ueno will relocate to Sydney to support FSI’s CEO Mark Steinberg in the implementation of the firm’s strategy and as a liaison to The Trust Bank.
The Deputy CEO role is appointed by The Trust Bank with a typical tenure of two to three years. Ueno replaces Yutaka Kawakami, who will be returning to Tokyo to assume a new role of Managing Executive Officer, Deputy Chief Executive, Asset Management & Investor Services Business Unit, Business Head, Asset Management Business at The Trust Bank. In his new role, Kawakami will remain engaged with FSI and will retain his position on the FSI Holdings Board.
Steinberg welcomed Ueno to his new role and thanked Kawakami for his dedication and commitment over the past two and a half years.
“I look forward to working closely with Ueno-san in his new role. I would also like to thank Kawakami-san for his support. He joined at a pivotal time in our transition and his oversight of the project management office and its wide variety of critical transition projects, coupled with his insights into The Trust Bank and guidance on collaboration have ensured our success in creating a strong, independent asset management business and an enduring, transparent relationship with our shareholder,” Steinberg said.
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About First Sentier Investors
First Sentier Investors manages US$182.5 billion in assets (as at 31 December 2021) on behalf of institutional investors, pension funds, wholesale distributors, investment platforms, financial advisers and their clients worldwide.
The firm operates as a standalone global investment management business with offices across Europe, the Americas, and Asia Pacific. First Sentier Investors’ expertise spans a range of asset classes and specialist investment sectors focused on delivering sustainable investment success based on responsible investment principles.
Formerly known as First State Investments, the firm was acquired by Mitsubishi UFJ Trust and Banking Corporation, a wholly-owned subsidiary of Mitsubishi UFJ Financial Group, Inc in August 2019.
For more information, visit firstsentierinvestors.com
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,500 locations in more than 50 countries. The Group has about 170,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges.
For more information, visit www.mufg.jp/english
About Mitsubishi UFJ Trust and Banking Corporation
Mitsubishi UFJ Trust and Banking Corporation, as a core member of MUFG, provides its customers with a wide range of comprehensive financial solutions leveraging unique and highly professional functions as a leading trust bank. Such financial solutions include real estate, stock transfer agency, asset management and investor services, and inheritance related services, in addition to banking operations. It aims to realize its vision to be the trust bank that creates "a safe and affluent society" by always supporting its customers' and society's challenges based on Trust, and thus created a new key concept: "Create a Better Tomorrow".
In the UK, issued by First Sentier Investors (UK) Funds Limited which is authorised and regulated by the Financial Conduct Authority (registration number 143359). Registered office Finsbury Circus House, 15 Finsbury Circus, London, EC2M 7EB number 2294743.
In the EEA, issued by First Sentier Investors (Ireland) Limited, which is authorised and regulated by the Central Bank of Ireland. First Sentier Investors (Ireland) Limited is registered in the Republic of Ireland, No: 629188. Registered offices: 70 Sir John Rogerson’s Quay, Dublin 2, Ireland.
Elsewhere, issued by First Sentier Investors International IM Limited which is authorised and regulated in the UK by the Financial Conduct Authority (registered number 122512). Registered office: 23 St. Andrew Square, Edinburgh, EH2 1BB number SCO79063.
First Sentier Investors entities referred to in this document are part of First Sentier Investors a member of MUFG, a global financial group. First Sentier Investors includes a number of entities in different jurisdictions. MUFG and its subsidiaries do not guarantee the performance of any investment or entity referred to in this document or the repayment of capital. Any investments referred to are not deposits or other liabilities of MUFG or its subsidiaries, and are subject to investment risk including loss of income and capital invested.