The Australian iron ore giant's acting chief financial officer will move into the role as the company simplifies its operations and amends green hydrogen goal.
The banking group's chief financial officer, who has experience in Asia, the Middle East and Europe, will start the group chief executive role in September.
MUFG Bank, together with the Finnoventure Private Equity Trust I fund managed by Krungsri Finnovate Co., have made a combined investment of $195m in Ascend Money.