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Board of Directors
MUFG Union Bank, N.A. and MUFG Americas Holdings Corporation


Masato Miyachi
Masato Miyachi is Co-Chief Executive of the Global Business Unit for MUFG Bank, Ltd, with oversight of the Americas region, and of the Europe, Middle East, and Africa (EMEA) region. He is also Chairman of the Board of Directors for MUFG Americas Holdings Corporation (MUAH) and MUFG Union Bank, N.A.

He most recently served as Deputy Regional Executive for the Americas for MUAH, which includes MUFG Union Bank N.A., MUFG Securities Americas Inc., and MUFG Fund Services (USA) LLC. Appointed to the New York-based position in May 2016, he assisted in the oversight of the combined U.S. operations of MUFG. Mr. Miyachi was also responsible for MUFG’s operations in Canada and Latin America. Previously, he was CEO for EMEA at BTMU, MUFG’s core banking unit.

Mr. Miyachi began his banking career with MUFG in 1984 at BTMU. He spent the first few years of his career working in the Capital Markets Group of BTMU before gaining extensive experience in a range of businesses, including Mergers & Acquisitions (M&A) Advisory, Structured Finance, and Investment Banking and Corporate Banking at the bank's Tokyo headquarters. Between 2002 and 2009, he held three distinct senior roles in MUFG's securities division. Initially, he led the M&A Advisory Department; he then joined the Corporate Strategic Department, where he was responsible for distressed assets and restructuring, before becoming head of the large-cap coverage group in the Global Investment Banking Unit's Corporate Finance Group.

He returned to BTMU in 2009 and was appointed Global Head of the Structured Finance Division. Two years later, he became General Manager of the Planning Division for Asia and Oceania (formerly Asia China Division). Based in London in 2013, he served as Deputy CEO at the bank’s EMEA headquarters before assuming responsibility for the overall EMEA business as CEO in October 2014.

Mr. Miyachi is a member of several Headquarters for EMEA committees, including the Management Committee, Risk Management Committee, Credit Oversight & Portfolio Committee, and New Products Committee. He holds a Bachelors of Economics degree from the University of Tokyo. He earned his Master’s degree from Stanford University’s Graduate School of Business and his Ph.D. from Waseda University Graduate School of Asia-Pacific Studies in International Economics.

Stephen Cummings
 Steve Cummings is President & CEO of MUFG Americas Holdings Corporation (MUAH), which includes MUFG Union Bank N.A., MUFG Securities Americas Inc., and MUFG Fund Services (USA) LLC. 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. Also as CEO for the Americas of Mitsubishi UFJ Financial Group, Inc. and MUFG Bank, Ltd, 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. He is on 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.

Michael D. Fraizer
Mr. Fraizer is a Senior Advisor of Blue Heron Capital. He also serves as an advisor to and investor in early stage operating and investment companies. Previously, his 32 year corporate career included serving as Chairman and Chief Executive Officer of Genworth Financial, Inc. for 8 years after 24 years with GE where he held a number of senior positions which included: Senior Vice President of GE and Director of GE Capital, President and CEO of GE Financial Assurance, President of GE Capital Commercial Real Estate Financing & Services, President and Representative Director of GE Japan and a number of other financial and business development positions. Mr. Fraizer also serves as a board member of Grange Insurance, Richmond Performing Arts CenterStage and the VCU Real Estate Foundation. Mr. Fraizer earned a B.A. in political science from Carleton College.

Christine N. Garvey
Ms. Garvey is the former Global Head of Corporate Real Estate services at Deutsche Bank AG, where she retired in 2004. She previously held the position of Group Executive Vice President and Head of Commercial Real Estate Services for Bank of America and held senior level positions at other major financial institutions. Ms. Garvey also serves on the boards of directors of Health Care Properties, Inc. and Toll Brothers, Inc. She earned a B.A. from Immaculate Heart College and a J.D. from Suffolk University Law School.

Mohan S. Gyani
Mr. Gyani is the former Vice Chairman of Mobileum, Inc. and previously served as the Chairman and Chief Executive Officer of the company. He is also the former President and Chief Executive Officer of AT&T Wireless Services. Mr. Gyani also serves on the boards of directors of Blackhawk Networks and Digital Turbine, Inc. He earned a B.A. in finance and business administration and an MBA from San Francisco State University.

Ann F. Jaedicke
Ms. Jaedicke is a former Managing Director of Promontory Financial Group, a leading strategy, risk management and regulatory compliance consulting firm. Prior to joining Promontory Financial Group, she was Deputy Comptroller for Compliance Policy at the Office of the Comptroller of the Currency (OCC), where she spent 33 years in a number of senior roles. Throughout her career, Ms. Jaedicke served as chair or member of several OCC and Federal Financial Institutions Examination Council (FFIEC) regulatory committees. She earned a B.B.A. in accounting from Texas A&M University.

Suneel Kamlani*
Mr. Kamlani is a senior banking executive with over 30 years of experience running global markets and investment banking businesses. He served as Co-CEO of Markets and President of Global Banking and Markets at The Royal Bank of Scotland. He was appointed to the RBS Group Executive Committee with responsibility for 118,000 staff in 39 countries. Prior to joining RBS in 2010, Mr. Kamlani spent 22 years in senior management roles at UBS Investment Bank, rising to the position of Chief Operating Officer and member of the UBS Group Managing Board. Over two decades, he led Debt Capital Markets, Fixed Income and Investment Banking businesses in the U.S., Europe and Asia. Mr. Kamlani began his investment banking career at Bankers Trust in New York, which is now part of Deutsche Bank. He has a B.A. in economics from Northwestern University, and served as a Senior Advanced Leadership Fellow at Harvard University. Mr. Kamlani is also a member of the Board of Directors of MUFG Securities Americas Inc.
*Mr. Kamlani serves only on the Board of Directors of MUFG Americas Holdings Corporation
Toby S. Myerson
Mr. Myerson, our lead outside director, is Chairman and CEO of Longsight Strategic Advisors, LLC. Qualified as an attorney at law in New York and California, Mr. Myerson has held top management positions in a career spanning four decades, most recently as Partner and as Co-Chair of Global Mergers and Acquisitions at Paul, Weiss, Rifkind, Wharton & Garrison LLP until 2017. Mr. Myerson also serves on the Board of Directors of Mitsubishi UFJ Financial Group, Inc. He is a member of the advisory board of the Harvard Law School Program on Corporate Governance, a member of the board of directors of the Japan Society, a member of the Council on Foreign Relations and he participates in the World Economic Forum. Mr. Myerson earned a B.A. from Yale University and a J.D. from Harvard University.
Kazuo Koshi
Kazuo "Kaz" Koshi is Managing Executive Officer and serves in two distinct positions for MUFG Bank, Ltd., a commercial banking subsidiary of Mitsubishi UFJ Financial Group (MUFG).

Since May 2016, he has served as Deputy Chief Executive of the Global Business Unit, which oversees MUFG Bank, Ltd.’s businesses outside Japan. He is also Deputy Chief Executive Officer for the Americas at both MUFG Bank, Ltd. and MUFG, a position he assumed in May 2017.

Mr. Koshi serves on the Board of Directors of MUFG Americas Holding Corporation and MUFG Union Bank. He is based in the company's Tokyo headquarters, traveling to the Americas frequently.

Mr. Koshi has more than 25 years of experience with MUFG, including the legacy organization, and in recent years has continuously been engaged in the execution of strategy in the Americas. Since 1995, he has accrued 16 years of work experience in the U.S., 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.

Barbara L. Rambo
Ms. Rambo is Chief Executive Officer of Taconic Management Services, a management consulting and services company. Prior to joining Taconic Management Services, Ms. Rambo held various executive and management positions, including CEO of Nietech Corp, a payments technology company and CEO of OpenClose, a mortgage services technology company. Ms. Rambo began her career in banking at Bank of America, where she worked for 25 years, most recently as Group Executive Vice President and Head of National Commercial Banking which included Investment Banking and the top 25 retail branches, and before as Head of U.S. Corporate Banking based in New York. She is a director of PG&E Corporation (chair of the Finance Committee). Previously she was Board Chair of West Marine Corp and a director of International Rectifier Corp. and Gymboree Corp. Ms. Rambo earned a B.A. in international affairs from the College of William and Mary and an MBA in Finance from New York University.

Muneaki Tokunari
 Muneaki Tokunari is currently Managing Executive Officer and Chief Financial Officer of MUFG. Mr. Tokunari has been with MUFG and Mitsubishi UFJ Trust and Banking Corporation (MUTB) and their legacy companies for more than 30 years. He assumed his role as Managing Director of MUFG Bank, Ltd in June 2015. Previously Mr. Tokunari had been Senior Managing Director in charge of Corporate Planning for MUTB, a wholly owned subsidiary of MUFG. In addition to his role as Managing Executive Officer, Group CFO for MUFG, Mr. Tokunari is also a Director on the MUFG Board. 

Dean A. Yoost
Mr. Yoost is a board member of both MUFG Union Bank and Pacific Life Insurance Company. He is also one of three members of the advisory board of American Honda Finance Corporation. He previously served as a board member of two NYSE-listed companies.

He is a founder and serves as the chairman of the Corporate Directors Roundtable of Orange County. He also is a board member of the National Association of Corporate Directors in Southern California. Additionally, he is a trustee and a member of the executive committee of the University of California Irvine's Foundation.

Mr. Yoost retired as a partner after 33 years with PricewaterhouseCoopers, wherein he held numerous client service and firm leadership positions. During this period, he lived and worked in Tokyo and Beijing for 16 years serving the needs of global clients and establishing and building the firm's businesses. He was elected as a director for four years to the 18-partner global oversight board of PwC International Limited, the top governing body of the global network of firms. At his retirement, Mr. Yoost was the firm's managing partner in Orange County, California, and the regional leader of its advisory services practice.

Mr. Yoost is the author of a book entitled A Director's Voyage Through Risk Management published by The Risk Management Association. He is co-authoring a second book entitled Navigating Information Technology in the Boardroom to be published later this year also by The RMA. He also has authored and co-authored over 75 articles and editorials published in The RMA Journal, Asian Wall Street Journal, NACD Directorship, Directors and Boards, Journal of International Taxation, European Business Forum and other business publications.