MUFG Securities hires new head of ABS

The securities firm is looking to strengthen its ABS business in Australia and New Zealand.

MUFG Securities Asia Limited, a member of Mitsubishi UFJ Financial Group (MUFG), has appointed Haan Ti as head of Asset-Backed Securities (ABS), Australia & New Zealand to support its international operations.

Prior to joining MUFG, Haan was the director of structured finance & syndicate at Westpac Banking Corporation. He was responsible for all public RMBS and ABS bond originations, syndication and execution as well as managing the asset-backed commercial paper (ABCP) programme. Before that, he was the manager of Debt Capital Markets in HSBC Bank Australia Limited.

“The expansion of our ABS business into Australia and New Zealand will leverage our ABS expertise and balance sheet to broaden our scope into the region. We welcome Haan to our team and look forward to growing our asset finance business in Australia and New Zealand with him on board,” said Tricia Hazelwood, co-head of structured products for MUFG’s international securities business.

In his new role, Haan is in charge of the company’s ABS business expansion in the region. He is based in Sydney and reports to Alan Yeoh, head of Structured Products, Asia.

Mitsubishi UFJ Securities Holdings is one of the largest securities firms in Japan. It is a wholly-owned subsidiary of MUFG providing financial products and integrated advice to both its own clients and those of the MUFG Group.