David M. Gruppo ’79 has joined the Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) as head of Latin America Corporate and Investment Banking, a newly created position. He reports to Randall Chafetz, head of corporate and investment banking for the Americas.
Gruppo has spent a significant portion of his career involved in Latin American corporate and investment banking, including positions with Goldman Sachs, Morgan Stanley and Santander. During the past eight years, he has been focused on the technology sector, working in various capacities with IBM, including T J Watson Research. An economics major at Wesleyan, he earned his JD from the Georgetown University Law Center.
In a press release for the company, Gruppo says he is excited by this opportunity, and he characterizes Latin America as having “strong and sustained growth over many years and demonstrated resilience during the financial crisis.”
He adds: “Latin America has reached an important inflection point where it is no longer emerging; it has emerged. … BTMU opened its first offices in Argentina and Brazil over 90 years ago, and has a long-established presence in Mexico and Chile, so is well-positioned to help facilitate the significant expansion of ties between Asia and Latin America.”