Ranjana Clark Assumes New Responsibilities as Bay Area President for MUFG and Union Bank
SAN FRANCISCO, CA (April 11, 2016) - Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world's leading financial groups, today announced that Ranjana Clark, Head of Transaction Banking for the Americas has been appointed to the additional role of Bay Area President for MUFG and Union Bank.
In this newly created role, Ms. Clark, who is based in San Francisco, will be responsible for strengthening relationships with our Bay Area clients as well as local civic leaders and prominent community-based organizations. In addition, Ms. Clark will coordinate the bank’s Bay Area philanthropic goals with our non-profit employee board service, while also bringing together the company’s many Bay Area employees to galvanize our volunteerism in the areas where we work, live and form our families and communities. She continues to report to U.S. CEO Steve Cummings.
"The Bay Area is home to a large group of the bank’s senior leaders and employees who are vital to our business in the Americas," said Clark. "Our Bay Area customers and clients are incredibly important to our business, and we view this region as a critical growth engine for our entire organization. I am excited to take on this new leadership position within our organization."
Ms. Clark has received multiple Most Influential Women in Bay Area Business recognitions by the San Francisco Business Times, as well as the Women of Influence recognition by the Silicon Valley Business Journal. She was named to American Banker Magazine’s annual list of the Top 25 Most Powerful Women in Banking in 2015. In addition, Ms. Clark has been recognized as one of the most influential leaders in banking and payments by American Banker, U.S. Banker, Treasury & Risk Management, PaymentsSource, and Bank Technology News.
She is a member on the Board of Directors of StanCorp Financial Group, Inc., and 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 AdCouncil, and the Center for Economic Development in Washington, D.C.
Ms. Clark earned an MBA from Duke University’s Fuqua School of Business, an MBA from the Indian Institute of Management, Ahmedabad, and a Bachelor of Arts from the University of Delhi.
About MUFG Union Bank, N.A.
MUFG Union Bank, N.A., is a full-service bank with offices across the United States. We provide a wide spectrum of corporate, commercial and retail banking and wealth management solutions to meet the needs of customers. We also offer an extensive portfolio of value-added solutions for customers, including investment banking, personal and corporate trust, global custody, transaction banking, capital markets, and other services. With assets of $115.4 billion, as of December 31, 2015, MUFG Union Bank has strong capital reserves, credit ratings and capital ratios relative to peer banks. MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (NYSE: MTU), one of the world's largest financial organizations with total assets of approximately ¥295.8 trillion (JPY) or $2.5 trillion (USD)1, as of December 30, 2015. The corporate headquarters (principal executive office) for MUFG Americas Holdings Corporation, which is the financial holding company and MUFG Union Bank, is in New York City. The main banking office of MUFG Union Bank is in San Francisco, California.
(1)Exchange rate of 1 USD=¥120.6 (JPY) as of December 30, 2015