MUFG Report | Page 8

A key turning point came in 2022 when the bank sold its US retail division, Union Bank, shifting focus to its wholesale corporate banking business, providing specialised financing and advisory services to large institutions.
HR has had to keep pace with that evolution and the Global HR division is currently three years into a five-year journey centred around a move from regional HR strategies operating in relative independence to a genuinely global, interdependent model.“ It takes a long time and considerable work to move towards that global approach, particularly the organisational change management around it,” says Beth,“ but for the people in the global HR organisation as well as our clients, it’ s really important.”
The benefits of the transition, she says, are considerable.“ It helps us be more effective as an overall HR organisation. We can rely on both global and regional expertise while executing locally. We’ re seeing improvements in consistency across our talent and recruiting programmes, and facilitating shared knowledge through a single global HRBP with a view across all three regions MUFG operates in. It’ s been really interesting for me to see this evolution as part of my career journey.”
8 May 2026