ORIX Corporation USA (ORIX USA), the U.S. and Latin America business hub for international financial services company, ORIX Corporation (ORIX), announced today that Art Mbanefo was named as the company’s Chief Investment Officer (CIO) and Head of Principal Business. Mbanefo, a 33-year veteran in the financial services industry, joined the firm’s executive management team in New York as a Senior Managing Director.

“We are very pleased to welcome Art as an important addition to the ORIX USA executive management team,” said Terry Suzuki, ORIX USA President and CEO. “Art’s extensive leadership experience and expertise in global markets, capital and credit business will be of tremendous value as we continue to execute on our growth strategy.”

In his new role, Mbanefo is responsible for managing the active investment, underwriting and allocation of assets of ORIX USA and has oversight for all principal business. In addition, he is responsible for adding new strategies, businesses and assets to ORIX USA’s balance sheet.

Mbanefo brings a wealth of investment experience across multiple debt and equity classes to ORIX USA. He most recently was CIO of Barclays International, where he had wide-ranging responsibilities over the entire balance sheet, including direct responsibility for the Investing and Lending business, Asset and Structured Finance, Financial Resource Management, Strategic and Private Equity Investments and Asset Management. Prior to Barclays, Art served as CIO and Chief Executive Officer of two alternative investment management firms.

“I’m honored to join a financial services company with a stellar reputation and highly respected leadership team that possesses a clear vision and commitment to long-term success,” said Mbanefo. “ORIX USA is at the forefront of providing innovative capital solutions to entities across multiple industries. I look forward to the opportunity to provide clients with even greater access to the global resources of ORIX Corporation.”