Mitsubishi UFJ Financial Group (MUFG) announced it has hired Rajesh "Raj" Kapadia as International Head of Capital Markets. Kapadia will be responsible for the oversight, operation and growth of MUFG's Capital Markets business globally, including debt and equity capital markets and leveraged finance.

"MUFG is committed to providing our global clients with the products, services, and insights to compete as a top tier global debt solution provider, and Raj is a key investment in that strategy," said Ko Oshima, MUFG International Supervision Executive of Capital Markets. "His 25-year career in debt financing, market expertise, and network of corporate and sponsor-based relationships will elevate our platform and advance our portfolio of capital financing solutions worldwide."

"Raj brings a client-focused strategic lens to our capital markets business, and as we continue to evolve the platform, supplementing our strong investment grade franchise with increasing leveraged finance orientation, his deep expertise will accelerate our success in this area," added Randall Chafetz, Deputy CEO of Global Corporate & Investment Banking who served as the Interim International Head of Capital Markets.

Kapadia will be based in New York and will report globally to Oshima. He will have global leadership of MUFG's regional Capital Markets businesses in the Americas, EMEA and Asia.

"This is an exciting time to join MUFG and to head such an important business and area of growth for the firm," said Kapadia. "The strong historical success of MUFG's global investment grade capital markets business combined with its growing leveraged finance business will create an array of new opportunities for clients and the franchise."

Kapadia joins MUFG after a 25-year career at JPMorgan where he was most recently Co-Head of Technology, Media, & Telecom Leveraged Finance. In addition to this role, he has worked extensively with investment grade clients for crossover financings. He holds an undergraduate degree in engineering from Imperial College London and is a graduate of the University of Chicago Booth School of Business.  

Kapadia will join MUFG in January 2021.