MUFG Bank has appointed Johnson Yuan as deputy president of its wholly-owned subsidiary MUFG Bank (China), effective April 1. In addition to his current role as the head of the China business division, Yuan will help oversee the business and operations of the bank across 14 locations in China. He takes over the role from Liu Lihong who will be transferring to Japan to take on a new position.

Yuan joined MUFG in January 2020 and was responsible for driving and deepening MUFG China’s corporate banking portfolio, comprising local and global corporates, Chinese state-owned and privately-owned enterprises as well as financial institutional clients.

He continues to be based in Shanghai and will report to Kenichi Yamato, president of MUFG China, and Tony Lee, MUFG’s head of global corporate & investment banking for East Asia.