MUFG Investor Services Opens New Operational Center in Cyprus
Great news for the Cyprus fund sector, as MUFG Investor Services officially announced the stablishment of a new operational center located in Limassol.
Official announcement follows:
March 31, 2022 – MUFG Investor Services, the global asset servicing arm of Mitsubishi UFJ Financial Group, today announced a further expansion of its franchise, via the establishment of a new operational center located in Limassol, Cyprus. The new office provides key infrastructure necessary to support MUFG Investor Services rapid growth across Europe.
“We are thrilled to announce the opening of our new operational center in Cyprus, an area rapidly developing into a financial service and business hub in the region. This operational center will allow us to continue to provide clients with the services and distinctive solutions they’ve come to expect from our team as we maintain our rapid growth trajectory,” said John Sergides, CEO of MUFG Investor Services. “As MUFG Investor Services’ second major European hub working alongside Dublin, the office will provide diversification and further enhance our ability to support our clients in Europe and around the world.”
Since 2019, MUFG Investor Services has been regularly reviewing its geographic footprint with a focus on strategically locating operational centers where there is high quality infrastructure and readily available talent pools. This new operational center in Cyprus will allow MUFG Investor Services to spread its operational coverage and support current fund administration needs.