Union Bank® Leadership

Executive Management

Our top Union Bank executives

Stephen Cummings  
Chief Executive Officer For The Americas, 
Mitsubishi UFJ Financial Group, Inc. and MUFG Bank, Ltd. 
President & CEO, MUFG Americas Holdings Corporation and MUFG Union Bank, N.A. 

Steve Cummings is Chief Executive Officer For The Americas, Mitsubishi UFJ Financial Group, Inc. and MUFG Bank, Ltd., President & CEO, MUFG Americas Holding Corporation and MUFG Union Bank, N.A.. He was the first American to serve as President & CEO of MUFG Union Bank, N.A., having been named to that position in May 2015. As CEO for the Americas, Mr. Cummings has oversight of control functions in Latin America, Canada, and the United States. He is also a Managing Executive Officer of MUFG Bank, Ltd, and the first non-Japanese to serve in such a capacity in this global company of more than 100,000 employees. Also as MUFG Bank, Ltd CEO for the United States, Mr. Cummings has oversight of all U.S. operations. He is a member of the Board of Directors of MUAH and MUFG Union Bank, N.A., and is based in the company's New York headquarters.

After graduating from the Columbia University School of Business, Mr. Cummings began his career in 1979 with Kidder, Peabody & Co. Incorporated in its New York Corporate Finance Department. In 1984, he joined M&A advisory firm Bowles Hollowell Conner & Co. in Charlotte, N.C., and was named Chairman and CEO in 1992. In 1998, he led the sale of the firm to First Union Corporation, which subsequently became Wachovia Corporation, and was named its head of M&A. He subsequently served in a number of leadership roles in Wachovia as the corporate and investment bank was built. In 2004, he was promoted to Senior Executive Vice President, Global Head of Corporate and Investment Banking. As leader of a team of approximately 7,000, Mr. Cummings was responsible for business activities including Investment Banking, Fixed Income and Equities Origination/Sales and Trading, M&A/Advisory Services, Principal Investing, Corporate Banking, Commercial Real Estate, Global Cash Management, Asset Based Lending/Leasing, and Global Correspondent Banking. He served on Wachovia's Operating, Risk, ALCO, and Diversity Committees.

Mr. Cummings joined UBS in 2011 as Managing Director and Chairman for the Americas. His most recent positions before appointment to MUFG were Head of Corporate Client Solutions for the Americas; and Chairman, Investment Banking for the Americas. He was a member of the UBS Global Investment Banking Executive Committee, Americas Executive Committee, and Investment Banking and Americas Risk and ALCO Committees. He was also a member of the Board of Directors of NorthStar Asset Management in New York, and served as Chairman of its Nominating and Corporate Governance Committee and head of the Special Committee of the Board of Directors as that company was sold.

Mr. Cummings holds a BA from Colby College in Waterville, Maine, and an MBA from the Columbia University School of Business in New York.

Daisuke Bito

Head of Japanese Corporate Banking for the Americas

Daisuke Bito is Head of Japanese Corporate Banking for MUFG Americas Holdings Corporation and MUFG Union Bank, N.A. He is also an Executive Officer of MUFG Bank, Ltd. Based in New York, Mr. Bito oversees a team of more than 300 employees in 21 locations across the Americas, dedicated to developing the bank's important relationships with the Americas-based operations of more than 5,000 Japanese corporate customers. His customer base spans a wide range of industries, including auto and auto parts, trading houses, electronics, financial institutions, healthcare, and food & beverage.

Since joining the bank in 1992, Mr. Bito has held multiple leadership and executive positions in corporate and investment banking, as well as a secondment to Inter-American Development Bank in Washington, DC. He most recently served as Executive Officer, Managing Director, and Global Head of Structured Finance at MUFG’s headquarter in Tokyo. Prior to that, he was Deputy General Manager of the Asian Investment Banking Division in Hong Kong.

Mr. Bito earned a master’s degree in finance from London Business School, an MBA from Arthur D. Little School of Management (now Hult International Business School) in Cambridge, Mass., and a bachelor's degree in political science and economics from Waseda University in Tokyo.

Ranjana Clark

Head of Global Transaction Banking, Head of Transaction Banking Americas, and Bay Area President

Ranjana Clark is a global banking leader with more than 25 years of executive experience and deep knowledge of the financial services industry.  She is the Head of Global Transaction Banking and Head of Transaction Banking for MUFG Americas Holdings Corporation and its primary subsidiary, MUFG Union Bank, N.A.  In addition, she serves as Bay Area President for MUFG and Union Bank, and as Executive Officer for MUFG Bank, Ltd.  Ms. Clark is a member of MUFG Americas Holdings Corporation’s Executive Committee for the Americas, the primary policy making group for the bank and holding company.  She also recently served as Chief Transformation Officer.  Based in San Francisco, Ms. Clark reports to Stephen Cummings, Regional Executive for the Americas, and Yoshitake Manabe, Head of Transaction Banking Group.

Prior to joining MUFG in 2013, Ms. Clark was Chief Customer and Marketing Officer at PayPal.  She also served as President of Global Business Payments and Head of Global Strategy at The Western Union Company.

Ms. Clark earlier was Senior Executive Vice President and Chief Marketing Officer at Wachovia and a member of the Operating Committee.  She also served as Head of the Treasury Services Group and managed the merger integration, growth and transformation of that business into an industry leading position.  Prior to Wachovia, she spent five years with Deutsche Bank in Mumbai, India.

She earned an MBA with an emphasis in Finance from Duke University’s Fuqua School of Business, an MBA with an emphasis in Marketing from the Indian Institute of Management, Ahmedabad, and a Bachelor of Arts from the University of Delhi.  She had held the Certified Treasury Professional designation as well as Series 7, 8, 24 and 63 securities licenses.

Ms. Clark was named to American Banker Magazine’s annual list of the Top 25 Most Powerful Women in Banking in 2019.  She has been recognized as one of the most influential leaders in banking and payments by American Banker, Global Finance, Treasury & Risk Management, PaymentsSource, and Bank Technology News.  In addition, Ms. Clark received three consecutive Most Influential Women in Bay Area Business recognitions by the San Francisco Business Times as well as being named to its Forever Influential Honor Roll.  She has also received the Women of Influence recognition by the Silicon Valley Business Journal.

Ms. Clark is a member of the Board of Directors of StanCorp Financial Group, Inc. and serves on the Boards of the Haas School of Business at the University of California, Berkeley, and the Bay Area Council.  She also serves on the President’s Leadership Council of The Asia Foundation.  Previously, Ms. Clark served on the Board of Visitors of the Fuqua School of Business at Duke University, and the Boards of The Association of National Advertisers, the Ad Council, and the Committee for Economic Development in Washington, D.C.

Michael F. Coyne 
General Counsel

Michael F. Coyne is the General Counsel and senior legal officer for the Americas, which includes MUFG Americas Holdings Corporation and its primary subsidiary, MUFG Union Bank, N.A. He is also an Executive Officer of Mitsubishi UFJ Financial Group, Inc. and MUFG Bank, Ltd. Prior to joining MUFG Union Bank in 2013, Mr. Coyne spent 21 years at JPMorgan Chase & Co., most recently as Senior Vice President, Associate General Counsel and Co-Head of Litigation. From 1992 to 2004, he was a senior litigation staff attorney and, in 2004, he was appointed Co-Head of Investment Banking Litigation. In 2010, he became Co-Head of Litigation, responsible for all of litigation and governmental investigation matters affecting the bank's businesses worldwide. In 1983, he joined Rogers & Wells, a New-York based international law firm, specializing in securities, corporate and commercial and real estate litigation. In addition to being a member of the New York State Bar, Mr. Coyne is a member of the Managing Board of The Clearing House Association and the Financial Reporting Committee of the Association of the Bar of the City of New York. 

Kevin Cronin 
Head of Corporate & Investment Banking - North America
Executive Officer MUFG Americas Holding Corporation and MUFG Union Bank, N.A.

Mr. Cronin is the Head of North America Wholesale and Investment bank. He is responsible for managing the bank’s portfolio of Wholesale and Investment Banking businesses including Healthcare, Technology, Structured and Project Finance, Leasing and Asset Finance, and Corporate Advisory. In this capacity, Mr. Cronin provides oversight and strategic leadership for the bank’s corporate client business. He also leads the Global Corporate and Investment Banking business in the U.S. and Canada. Mr. Cronin is actively involved in the Leadership Committee for Inclusion and Diversity.

Mr. Cronin joined MUFG in 2011. Prior to joining the bank, he spent more than 20 years at Bank of America and one of its predecessor firms, Fleet Boston, where he was head of U.S. corporate banking, and head of transaction banking for corporates in North and South America. Mr. Cronin was also a member of the Bank of America Capital Commitment Committee.

Mr. Cronin holds a BS in Business Administration from Boston University and an MBA from Babson College.

Donna Dellosso 
Chief Risk Officer for the Americas

Donna Dellosso is Chief Risk Officer for the Americas, which includes MUFG Americas Holdings Corporation and its primary U.S. banking subsidiary, MUFG Union Bank, N.A. Ms. Dellosso is responsible for oversight and strategic direction for risk and credit management for the Americas, including enterprise-wide risk, compliance and business security for MUFG’s operations in the United States, Latin America and Canada. Prior to joining MUFG in 2015, Ms. Dellosso spent 18 years at J.P. Morgan Chase & Co. in a number of risk management roles, most recently as Managing Director and Chief Risk Officer for the Asset Management Group. At J.P. Morgan Chase & Co. she served in several of the firm’s key business units, including: Corporate & Investment Banking, Treasury & Security Services and Capital Markets. Prior to J.P. Morgan Chase, Ms. Dellosso served in senior credit and audit positions at Smith Barney, Kidder, Peabody & Co., The Nikko Securities Co. International and Arthur Young & Company. She began her career at the accounting firm Pannell Kerr Forster. Ms. Dellosso earned a B.S. in accounting from St. John’s University.

Denise DeMaio

Chief Audit Executive and Executive Officer of MUFG Bank

Denise DeMaio is responsible for ensuring an effective Third Line of Defense for MUFG Combined U.S. Operations and MUFG Americas Holdings Corporation through the development and execution of MUFG America’s Internal Audit Plan and administrative oversight over Credit Review activities, Global Financial Crimes (GFC) Audit and Global Audit Transformation (GAT). She leads almost 400 team members who serve as trusted partners and leaders in identifying and mitigating risks for MUFG Americas.

Denise has built a reputation for delivering strategic results, teambuilding and developing talent. During her more than 25-year career, Denise has been responsible for the development and execution of internal audit practices and strategies for corporations in the U.S. and abroad.

Prior to joining MUFG, Denise served as Executive Vice President, Chief Auditor of TD Bank. In addition to leading a team of 150 internal audit professionals, she helped build future leaders through her work on the Women in Leadership Executive Committee. Denise joined TD Bank from Protiviti, Inc., where she served as Director of Internal Audit Services, with responsibility for the internal audit practice for financial services in the Midwest. Before Protiviti, Inc., Denise served as Group Senior Vice President, Audit Director for ABN AMRO/LaSalle Bank Corporation based in Amsterdam for more than eight years. Denise was responsible for the entire audit activity in Europe, and during her tenure was responsible globally for the audit of all corporate functions and SOX testing for the Group Audit Division. She started her career with Ernst & Young LLP in Chicago.

A Certified Public Accountant and Certified Risk Professional, Denise earned her Bachelor’s Degree from Northern Illinois University and Master of Business Administration from Kellogg School of Management at Northwestern University.  Additionally, she is a member of the Institute of Internal Auditors Financial Services Advisory Board.

Denise proudly serves as Executive Sponsor of the firm’s Pride Alliance ERG whose mission is to support, strengthen, and collaborate with lesbian, gay, bisexual, transgender, queer, and ally communities. 

She and her husband, Peter, live in New Jersey and have two children.

Chris Higgins 
Chief Information and Operations Officer

Christopher (Chris) Higgins serves as Chief Information and Operations Officer (CIOO) for MUFG Americas Holdings Corporation and its U.S. banking subsidiary, MUFG Union Bank, N.A. This includes responsibility for core technology functions including strategy, applications, infrastructure, enterprise architecture, technology modernization as part of the larger Transformation program, and IT governance. In addition, his role oversees Enterprise Information Security, Program Management, and Operations and Process Excellence, including both Consumer and Wholesale (payments, treasury and cash management, middle and back office support, etc).

Mr. Higgins previously served as Chief Information Officer for U.S. Bank in Minneapolis, MN. There he was responsible for the company’s Enterprise Technology Services, which included enterprise architecture, application development, enterprise technology testing, enterprise technology program/project management, and global infrastructure. Prior to that he worked at Bank of America, where he was responsible for Enterprise Information Management, which included U.S. data warehousing, business continuity and disaster recovery, and global information security.

Mr. Higgins graduated from the University of Vermont with a Bachelor of Science degree in accounting; he received his Master of Business Administration Degree from Pacific Lutheran University. He is a member of the University of Vermont’s Business School Advisory Board. Mr. Higgins has received his certification in Six Sigma Lean and Black Belt.

Masatoshi Komoriya 
Chief of Staff

Masatoshi Komoriya is Executive Officer and Chief of Staff for the Americas for MUFG Bank, Ltd. and MUFG Americas Holdings Corporation, which includes MUFG Union Bank N.A., MUFG Securities Americas Inc., and MUFG Fund Services (USA) LLC. He assumed this New York-based position in June 2018.

Prior to this appointment, Mr. Komoriya was Executive Officer and Chief Operating Officer for MUFG Bank, Ltd. in EMEA since May 2017. He has more than 27 years' experience in banking, having worked across Japan, the U.S., and EMEA, developing his career in strategic planning, including branch network optimization in the EU continent, and Brexit contingency planning.

From 2010 to 2017, Mr. Komoriya held a number of senior-level positions within the Bank of Tokyo-Mitsubishi UFJ, Ltd.’s Tokyo and London offices. He also has previous experience with MUFG in New York, where he was a Senior Manager in the bank’s Planning Division for the Americas from 2006 to 2010.

Mr. Komoriya graduated from Waseda University in Tokyo with a BA in Law, and earned degrees in Master of Laws from the University of Pennsylvania and Master of Laws (Corporation) from New York University Law School.

Kazuo Koshi 

Managing Executive Officer & Deputy Regional Executive for the Americas

Mitsubishi UFJ Financial Group, Inc.

Managing Executive Officer, Deputy Regional Executive for the Americas

Executive in Charge of Latin America and Canadian Regions

MUFG Bank, Ltd.

Kazuo “Kaz” Koshi is Managing Executive Officer and serves in multiple distinct positions for Mitsubishi UFJ Financial Group (MUFG), and for MUFG Bank, Ltd., its commercial banking subsidiary.

Since May 2017, as Deputy Regional Executive for the Americas, he has served as the second most-senior executive of the Americas operations for MUFG and MUFG Bank.  In July 2019, he was named Executive in Charge of Latin America and Canadian Regions, MUFG Bank Ltd.  He is also deputy executive in charge of the Global Financial Crimes Compliance Division.

Mr. Koshi serves on the Board of Directors of MUFG Americas Holding Corporation and MUFG Union Bank, N.A.  He is based in New York, frequently traveling to Tokyo and throughout the Americas.

Mr. Koshi has more than 30 years of experience with MUFG, including the legacy organization, and in recent years has been continuously engaged in the formulation and execution of Americas strategy.  He has accrued 19 years of work experience in the U.S. since 1995, assigned to managerial positions on the West and East Coasts, on both the business and support sides.

A native of Japan, Mr. Koshi earned a bachelor’s degree from the University of Tokyo's Faculty of Engineering in 1985, and an MBA from the Wharton School, University of Pennsylvania, in 1990.

Bill Mansfield

Head of Global Markets in the Americas

Bill Mansfield serves as Head of Global Markets in the Americas and President & CEO of MUFG Securities Americas. In this role, he is responsible for providing risk management solutions to corporate clients and institutional investor connectivity to our origination and distribution strategy; products under his leadership include the full suite of Fixed Income products and Equities.

Mr. Mansfield joined MUFG in April 2013 and is based in New York. He is a member of the Board of Directors of MUFG Securities Americas Inc. as well as the International Executive Committee for MUFG Securities. In addition, he is a member of the MUFG Americas Holdings Executive Committee.

Prior to MUFG, Mr. Mansfield held leadership positions at Rabobank International, where he was Head of Global Financial Markets (GFM) Americas and CEO of Rabo Securities USA, Inc. In these roles, Mr. Mansfield was also a member of the Global Management Team for GFM and a member of the North American Management Team for Rabobank International. He has over 30 years of experience across a number of multi-national financial institutions.

A graduate of University of Missouri-Columbia, Mr. Mansfield holds series 7, 24, 79, and 63 securities licenses.

Mike Thom

Chief Corporate Administrative Officer

Mike Thom is Chief Corporate Administrative Officer for MUFG Americas Holdings Corporation and its primary subsidiary, MUFG Union Bank. He was appointed to this role in November 2017.  Mr. Thom, who joined the company in 1995, reports to CEO for the Americas Steve Cummings and is a member of the Executive Committee for the Americas.

Mr. Thom is responsible for the Central Risk and Controls Office, which develops strategies, policies, and governance procedures to remediate open issues across the enterprise.  He also oversees Corporate Communications, Corporate Branding, Sponsorships and Events, Corporate Security, Corporate Real Estate, Location Strategy and Execution, the Chief Data Office, the Continuous Improvement Office, the Chief Economist’s Office, Crisis and Critical Incident Management, and Business Continuity Management.

During his nearly 25 years with the company, Mr. Thom has held a number of key roles including: Chief Strategy Officer, Head of Integration Management, CFO of Global and Wealth Markets and CFO of Consumer Lending.  He began his career at the accounting firm Ernst & Young as a senior auditor. Mr. Thom earned a B.S. in accounting from Loyola Marymount University in Los Angeles and a MBA from the University of Southern California.

Amy C. Ward 
Chief Human Resources Officer for the Americas

Amy C. Ward is an innovative leader of strategic human resources with more than 20 years of experience in the financial services sector. She serves as Chief Human Resources Officer for the Americas for MUFG Americas Holdings Corporation and its primary subsidiary, MUFG Union Bank, N.A. She is responsible for overseeing all human resources strategy and functions for the company's operations in the United States, Canada and Latin America.

Ms. Ward is a member of MUFG Americas Holdings Corporation's Executive Committee for the Americas, the primary policy making group for the bank and holding company. She is based in New York and reports to Stephen Cummings, U.S CEO.

Prior to joining MUFG in 2017, Ms. Ward spent 18 years at PNC Financial Services, Inc. in a number of HR leadership roles. Most recently she served as Senior Vice President/Senior HR Business Partner Executive where she provided strategic HR leadership and counsel to the company's Retail Banking, Asset Management, Corporate & Institutional Banking, and CIO/Treasury businesses.

Ms. Ward holds a Master of Science degree in Human Organization Science from Villanova University and a Bachelor of Science Degree in labor and industrial relations with a minor in business from Pennsylvania State University.

Johannes Worsoe 
Chief Financial Officer

Johannes “Johs” Worsoe serves as the Chief Financial Officer for MUFG Americas Holdings Corporation and its primary subsidiary, MUFG Union Bank, N.A. In this role, Mr. Worsoe leads the Financial Management team for the Americas.

A 17-year veteran of MUFG, Mr. Worsoe previously served for four years as Head of Investment Banking & Markets (IB&M) of MUFG Americas, managing the Bank’s portfolio of 10 Investment Banking businesses including Structured & Project Finance, Leasing and Asset Finance, Securitization, Corporate Advisory, and Syndications; as well as Markets businesses including sales and trading of foreign exchange, rates, commodities, and structured products.

Before leading IB&M, Mr. Worsoe was the Chief Administrative Officer for the Americas (CAO/CFO) for The Bank of Tokyo-Mitsubishi UFJ. Ltd. (BTMU), a role in which he was responsible for financial management, strategy, and communications.

He also served as senior executive vice president and head of Global and Wealth Markets for UnionBanCal Corporation and its former primary subsidiary, Union Bank N.A. For that position, Mr. Worsoe oversaw the global markets businesses, wealth management including private banking, retail brokerage, asset management and trust, leasing, and the Bank’s institutional services business lines which included corporate trust, global custody, and retirement plan services. Mr. Worsoe also managed the bank’s insurance brokerage subsidiaries.

From 1985 to 2001, when he joined legacy Union Bank, Mr. Worsoe held various investment banking and capital markets positions in Denmark, Spain and the U.S. A native of Denmark, Mr. Worsoe holds an MBA in finance from the University of Southern California and a bachelor’s degree in business from the University of Phoenix. He earned a diploma from the Danish Banking School, and attended an executive-management program at Harvard Business School. He holds series 7, 24, 79 and 63 securities licenses.

Mr. Worsoe serves on the Board of The Roundabout Theatre Company and the International Eczema Council. He resides with his wife and son in New York City.

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