MUFG, a financial holding company and bank holding company with total assets of $114.3 billion, has appointed Donna Dellosso as chief risk officer for the Americas for MUFG Americas Holdings and its U.S. banking subsidiary, MUFG Union Bank. Dellosso will serve on the company’s executive committee for the Americas as a policy making officer.
Dellosso has more than 30 years of risk management experience, with deep expertise across investment banking, capital markets, treasury services, and asset management. She joins MUFG from JPMorgan Chase Bank, where she spent 18 years in a variety of senior risk management roles, most recently as managing director and chief risk officer for JPMorgan Chase, and prior to that as the managing director and chief risk officer for the asset management division. Inaddition to her tenure at JPMorgan Chase, Dellosso worked in risk for Smith Barney, Kidder, Peabody & Co., and The Nikko Securities Co. International.
She will report to Stephen Cummings, chief executive officer for MUFG Union Bank, and to Kanetsugu Mike, regional executive for the Americas.
In her new role, Dellosso will be responsible for providing strategic direction for risk and credit management for the Americas, including enterprise wide risk, compliance and business security for MUFG’s operations in the United States, Latin America and Canada. She will manage and ensure implementation of the company’s cyber-security, including information, digital, cloud computing and vendor security. Shealso will oversee the company’s relationships with key regulatory agencies and with compliance procedures.