Mitsubishi UFJ Financial Group, Inc, (MUFG EMEA) has appointed Caroline Oehm as Managing Director (MD), Head of Insurance Coverage, Financial Institutions in EMEA.
The move aligns with the firm’s commitment to expand its global coverage of the non-banking financial sector.
Oehm will report to Matteo Ferrario, Managing Director, Head of Financial Institutions Group (FIG), Sponsored Coverage and Leveraged Finance, EMEA.
In her new role, Oehm will lead and broaden the coverage of non-banking firms, focusing on insurance and pension clients across EMEA and play a key role in accelerating the growth of MUFG’s EMEA FIG.
She has over 18 years of experience across Europe, North America and Asia-Pacific, most recently as Head of Insurance (UK), Financial Institutions, at DBS Bank in London, where she led the bank’s UK and European insurance strategy.
Prior to this, Oehm spent 12 years at Lloyds Bank in senior insurance coverage roles in New York and London, followed by over two years at Aon, setting strategy for a global, tech-enabled advisory platform for insurers and reinsurers.
Ferrario commented on the appointment, “The Financial Institutions Group is a key strategic focus for MUFG in EMEA, and Caroline’s extensive experience in the insurance sector, combined with her international perspective, will add significant value for our clients. Her appointment underlines our continued investment in strengthening our FIG platform and is part of a broader, long-term build-out of our capabilities across the region. We are delighted to welcome her to the firm.”
Oehm added, “MUFG’s Financial Institutions Group has a clear ambition to build a leading franchise in EMEA, and I’m delighted to be joining the firm at this important stage of that journey. Non-banking financial institutions are navigating significant change, from regulatory developments to portfolio diversification, and MUFG’s global network and balance sheet puts it in a strong position to support them. I look forward to working with colleagues across the region to build long-term partnerships with our clients.”
This appointment follows that of Milena Sheahan as the Managing Director, Head of UK Speciality Lenders and UK and International Banks, within the FIG EMEA team, earlier this year.
