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International firm chooses Cyprus because it was ‘top of the list’
June 25, 2022
Earlier this year, MUFG Investor Services, the asset servicing arm of one of the largest global banks in terms of assets, announced its intention of setting up a new operational centre in Limassol.
The Cyprus Mail spoke to CEO John Sergides about the organisation and why they chose Cyprus.
“Regarding people and geography, unlike many other asset servicing businesses, MUFG IS does not focus on low-cost operational centres, as we maintain a presence in high-quality locations that are close to our clients, a strategy that proved correct during the Covid-19 crisis as it afforded us significant resilience,” Sergides said.