{"id":4522,"date":"2016-06-27T15:20:41","date_gmt":"2016-06-27T19:20:41","guid":{"rendered":"https:\/\/engineering.jhu.edu\/magazine-archive\/?p=4522"},"modified":"2020-02-14T16:12:57","modified_gmt":"2020-02-14T21:12:57","slug":"engineering-financial-world","status":"publish","type":"post","link":"https:\/\/engineering.jhu.edu\/magazine-archive\/2016\/06\/engineering-financial-world\/","title":{"rendered":"Engineering the Financial World"},"content":{"rendered":"
\n

\"Picture<\/a>Many students choose a major because the subject comes easily to them. Not Chris Perretta \u201979\u2014he chose electrical engineering at the Whiting School expressly because it was a challenge. \u201cIt was always hard for me,\u201d he remembers. \u201cI got the sense that if it\u2019s hard, it must be worth doing.\u201d<\/p>\n

Tackling new challenges has been one of his guiding missions ever since. In April, Perretta took on his latest one: He was named chief information and operations officer for Mitsubishi UFJ Financial Group Americas Holdings Corp. and its U.S. banking subsidiary, MUFG Bank. MUFG is one of the world\u2019s leading financial institutions, and its New York-based MUFG Americas Holdings reports assets of roughly $116.2 billion.<\/p>\n

Perretta slowly waded into information technology after wrapping up his undergraduate years at Johns Hopkins. After a stint in General Electric\u2019s Edison Engineering Development Program, a master\u2019s degree program in electrical engineering at Syracuse University, and a joint health science and technology PhD program at Harvard University, he went to work in IT for Arthur Anderson (now Accenture) without much previous experience.<\/p>\n

\u201cHopkins equipped me to understand the importance of systemic thinking, to be able to look at very complex systems and understand how they interoperate and affect each other,\u201d he says.<\/p>\n

Since then, Perretta has worked in chief information officer or chief operations officer positions for General Electric Retail Financial Services, General Electric Capital, General Electric Commercial Finance, and most recently, State Street Corporation.<\/p>\n

Information technology is a perfect fit for the banking industry because today\u2019s money is virtual, he says.<\/p>\n

MUFG\u2019s retail arm provides Perretta with the new challenge of creating synergy between its two business units. \u201cI\u2019ve always been drawn to things that aren\u2019t easy,\u201d he says. \u201cI\u2019m ready to take on something new.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Many students choose a major because the subject comes easily to them. Not Chris Perretta \u201979\u2014he chose electrical engineering at the Whiting School expressly because it was a challenge. \u201cIt was always hard for me,\u201d he remembers. \u201cI got the sense that if it\u2019s hard, it must be worth doing.\u201d Tackling new challenges has been…<\/p>\n","protected":false},"author":4,"featured_media":4624,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26],"tags":[367,368,369,370],"class_list":["post-4522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-alumni","tag-chris-perretta","tag-mitsubishi-ufj-financial-group-americas-holdings-corp","tag-mufg-bank","tag-mufg-americas-holdings","issue-summer-2016"],"acf":[],"yoast_head":"\nEngineering the Financial World - JHU Engineering Magazine<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/engineering.jhu.edu\/magazine-archive\/2016\/06\/engineering-financial-world\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Engineering the Financial World - JHU Engineering Magazine\" \/>\n<meta property=\"og:description\" content=\"Many students choose a major because the subject comes easily to them. 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