MUFG gains Charlotte Clode from Deutsche Bank 06 October 2020London Reporter: Drew Nicol
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MUFG鈥檚 global head of securities lending solutions Tim Smollen has been reunited with another former-Deutsche Bank colleague in Charlotte Clode.
Clode joins the Japanese banking group as a senior manager in its middle office in London.
鈥淚n our front to back business model every role is important and every role touches the client so great to be able to have someone like Charlotte sitting in the middle directing traffic,鈥� says Smollen in a LinkedIn post on the hire.
Clode spent the past seven years at Deutsche Bank where she was a vice president operating as part of Smollen鈥檚 securities lending division.
The pair first crossed paths when Clode began her first stint with Deutsche Bank in 1999 as a member of the securities lending client administration team.
She followed Smollen to Dresdner Kleinwort in the early 2000s and then back to Deutsche Bank in 2013 after Smollen became global head of agency lending in 2009.
Clode is the latest of the former-Deutsche Bank gang to make their way MUFG since Smollen took on the role of spearheading the overhaul of its securities lending business .
In June, MUFG Investor Services gained the services of Steven Cassidy who left Deutsche Bank in November 2019 before resurfacing to take on the role of lead technologist in the Americas for the Japanese bank鈥檚 new securities lending business.
In total a former Deutsche Bank colleagues have re-joined forces this year including Bronwen Simms, .
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