Steven Mnuchin, chairman and CEO of private investment firm Dune Capital Management, will serve as the National Finance Chairman, Trump's campaign said in a statement.
Mnuchin brings with him an impressive list of contacts in Hollywood and Wall Street. After leaving Goldman Sachs in 2003, he formed SFM Capital Management.
Mnuchin had also financed Democratic frontrunner Clinton's presidential campaign during the 2008 election.
Trump, who has so far self-funded his primary battles, will be putting up substantial money towards the general election in November, the campaign said.
"He brings unprecedented experience and expertise to a fundraising operation that will benefit the Republican Party and ultimately defeat Hillary Clinton," he said.
Trump is gearing up to defeat Clinton, after he was declared the presumptive Republican presidential nominee.
"It's a great privilege to be working with Mr Trump to create a world-class finance organisation to support the campaign in the General Election," Mnuchin said.
The most recent Rasmussen poll indicated Trump has an edge over the former Secretary of State, the campaign said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
