Carolyn DuChene Joins Board of Directors at MUFG Americas Holdings Corporation

Mitsubishi UFJ Financial Group (MUFG), one of the largest global financial institutions, has announced the election of Carolyn DuChene to its Board of Directors for MUFG Americas Holdings Corporation, effective January 1, 2026. This significant appointment reflects the organization's ongoing commitment to enhancing its governance and risk management capabilities.

Carolyn DuChene brings nearly four decades of comprehensive experience in regulatory affairs, bank supervision, and risk management to her new role. She served as the Managing Director and Head of Regulatory Operations Affairs at MUFG until her retirement in 2025. During her tenure, she was instrumental in leading enterprise-level regulatory program management, bolstering governance frameworks, and improving risk ownership across various business lines. Additionally, she played a prominent role in enhancing the organization’s relationships with primary regulators, securing a strong standing for MUFG in the financial industry.

Before joining MUFG in 2021, Ms. DuChene dedicated over 30 years of her career to the Office of the Comptroller of the Currency (OCC). Her impressive portfolio includes key positions such as Examiner in Charge for Large Bank Supervision and Deputy Comptroller for Operational Risk and Core Policy. In these roles, she advised senior OCC leadership on crucial aspects of operational risk, information technology, payments, and governance frameworks, making significant contributions to the operational integrity of banking processes.

Recognized for her expertise in operational risk management and cybersecurity, Ms. DuChene has been an influential voice within the industry. She has contributed extensively to professional guidance, publications, and keynote addresses at various forums, emphasizing the importance of robust risk management practices in today’s financial landscape.

Ms. DuChene holds a bachelor's degree in accounting and economics from Drake University. Her academic background, combined with her vast professional experience, positions her as a valuable asset to MUFG’s Board.

Hiroshi Kawano, Executive Chairman at MUFG, expressed enthusiasm about Carolyn’s appointment, stating, “We are pleased to welcome Carolyn to the board of directors and the U.S. Advisory Board. Her deep regulatory expertise and proven leadership will be invaluable as we continue to strengthen our governance and risk management practices.”

About MUFG

MUFG, or Mitsubishi UFJ Financial Group, Inc., stands as a pillar in the global financial landscape, based in Tokyo with over 360 years of history. The group operates a vast network of approximately 2,000 locations across more than 40 countries, employing around 150,000 individuals. Delivering an array of services such as commercial banking, trust banking, securities, credit card services, consumer finance, asset management, and leasing, MUFG aims to fulfill its mission to be the world's most trusted financial group. This aspiration involves not only close collaboration among its operating companies but also a flexible response to the financial needs of customers and communities.

MUFG’s Americas operations, mainly organized under MUFG Bank, Ltd., focus on Global Corporate and Investment Banking, Japanese Corporate Banking, and Global Markets. As one of the largest internationally-headquartered financial institutions in the Americas, MUFG continues to innovate and grow, offering an extensive range of banking capabilities and services.

As Carolyn DuChene steps into her new role, her leadership is expected to play a crucial role in shaping the future of MUFG, proving that exemplary governance and effective risk management are central to sustaining robust financial operations in the ever-evolving landscape of global finance.