NEW YORK, Aug. 20, 2018 (GLOBE NEWSWIRE) -- Mizuho Americas today announced that Jan-Erik Andersen has joined the Global Transaction Banking Department Americas (GTBDA) as Managing Director, leading the group’s expansion of trade and cash management product capabilities.

Andersen will also take a leadership role in Mizuho Americas’ Working Capital Solutions initiative to create more multi-product, cross-regional opportunities for clients. He reports directly to Takeshi Ohashi, General Manager of the Global Transaction Banking Department based in Singapore.

“Jan-Erik joins us at a strategic time when we are gaining traction building out our profile as a major provider of transaction banking services,” said Ohashi. “Jan-Erik’s extensive experience across Asia, Europe, and the Americas, and his history of achieving remarkable growth, is well-suited to leveraging and leading our growing regional network.”

The hiring comes as GTBDA continues the integration of Mizuho’s cash management and trade finance teams in order to provide holistic, client-focused solutions. GTBDA was created in 2017 out of the merger of the Global Trade Finance and Global Transaction Banking Departments, and provides transaction banking expertise to Japanese corporates operating in the Americas as well as North American and Latin American clients operating here and abroad.

Andersen joins Mizuho from Exvere LLC in Seattle where he served as Managing Partner and COO. He brings global experience in the financial services industry to the role, having managed teams of coverage bankers and transaction banking professionals around the world. He previously held senior banking positions with Fifth Third Bank, Standard Chartered, and First Chicago/Bank One. He is a graduate of the University of Denver.

About Mizuho AmericasMizuho Americas is a leading financial institution comprised of several legal entities, which together offer clients corporate and investment banking, financing, securities, treasury services, asset management, research, among other financial services. With professionals in offices throughout the US, Canada, Mexico, Brazil and Chile, Mizuho’s operations in the Americas connect a broad client base of major corporations, financial institutions and public sector groups to local markets and a vast global network. Learn more at mizuhoamericas.com.

Mizuho Americas is an integral part of the Japan-based Mizuho Financial Group, Inc. (NYSE: MFG). Mizuho Financial Group is one of the largest financial institutions in the world, offering comprehensive financial and strategic services including private banking and venture capital through its subsidiaries. The group has over 900 offices and 60,000 employees worldwide in nearly 40 countries throughout the Americas, EMEA, and Asia. As of December 31, 2017, its total assets were $1.8 trillion. Learn more about Mizuho Financial Group at www.mizuho-fg.com.

Jim Gorman, Mizuho Americas +1-212-282-3867 jim.gorman@mizuhocbus.com

Laura London, Mizuho Americas+1- 212-282-4446 laura.london@mizuhocbus.com

P.J. Kinsella, Paragon Public Relations+1-646-558-6226 pj@paragonpr.com

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/e129577e-90bc-4af6-9131-962b9f8de783.