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Policy-Making Officers


Stephen Cummings 
Chief Executive Officer for the Americas
President and CEO, MUFG Americas Holding Corporation and MUFG Union Bank, N.A.

Steve Cummings is Chief Executive Officer for the Americas, and 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. 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 The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), and the first non-Japanese to serve in such a capacity in this global company of more than 100,000 employees. Also as BTMU 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.
Seiichiro Akita
Head of Asian Corporate Banking

Mr. Seiichiro Akita is Head of Asian Corporate Banking for MUFG Americas Holding Corporation, which includes MUFG Union Bank, N.A., MUFG Securities Americas Inc., and MUFG Fund Services (USA) LLC. He is also an Executive Officer of The Bank of Tokyo-Mitsubishi UFJ, Ltd. Based in New York, Mr. Akita is responsible for overseeing a team of over 200 employees in 13 locations across the United States, dedicated to developing the bank's important relationships with the U.S.-based operations of 4,000 Asian corporate customers. His customer base spans in wide range of industries, including auto & auto parts, trading houses, electronics, financial institutions, healthcare, food & beverage, etc.

Since joining the bank in 1989, Mr. Akita has held multiple leadership and executive positions in Tokyo and New York. He most recently served as Executive Officer and General Manager of a Corporate Banking Division in Tokyo, covering some of MUFG's largest accounts. Prior to that, he was General Manager of the Global Corporate and Investment Banking Planning Office, playing the critical role as the bank appointed the first non-Japanese executive to head up the Global Corporate and Investment Banking in its history.

Mr. Akita holds a bachelor's degree in law from Keio University in Tokyo and he completed business management programs at the Arthur D. Little School of Management and the Carroll Graduate School of Management in Boston.
Koji Asada
Chief of Staff

Koji Asada is the Chief of Staff for the Americas for The Bank of Tokyo-Mitsubishi UFJ (BTMU) and MUFG Americas Holding Corporation (MUAH), 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 July 2016, at which time he was also named a Policy-Making Officer for MUAH. Prior to this appointment, Mr. Asada led BTMU's Canada Branch as President since January 2014.

Mr. Asada has previous experience working for MUFG in New York: for two-and-a-half years he was General Manager of the Investment Banking Division for the Americas; and also spent time as Deputy General Manager of the Asian Corporate Banking Division, where he managed the banking relationships of more than 400 Japanese and other Asian corporate clients in the United States.

Before leaving for New York, Mr. Asada worked as the General Manager and Global Head of M&A Finance for the Structured Finance Division in Tokyo, where he was responsible for the arrangement and structuring of acquisition finance.

In 2009, Mr. Asada worked on the launch of the bank's strategic alliance with Morgan Stanley, and helped to create the joint investment banking operation in Japan. He also headed the Steel Sector Coverage team from 2006 to 2008, and was the Global Relationship Manager covering the Mitsubishi Corp. Group from 1999 to 2003. Mr. Asada's career in M&A began in 1994, when he managed United Kingdom and Western European corporate relationships from London. He also spent three years (2003 to 2006) at Mitsubishi UFJ Securities Co., Ltd., the bank's investment banking arm, as the Global Head of Cross-Border M&A. He first joined the bank in 1987.

Mr. Asada holds a Bachelor of Arts in Economics from Keio University, Tokyo; and an MBA from the Haas School of Business at the University of California-Berkeley.
Ranjana Clark
Head of Transaction Banking and Bay Area President

Ranjana Clark is head of Transaction Banking for MUFG Americas Holdings Corporation and its primary subsidiary, MUFG Union Bank, N.A., including its offices in the United States, Canada and Latin America. She is also Executive Officer of The Bank of Tokyo-Mitsubishi UFJ, Ltd. Ms. Clark leads the Treasury Management, Global Trust Services, and Trade Finance businesses at MUFG Union Bank. In addition, she serves as Bay Area President for the bank.Prior to joining MUFG Americas in 2013, she was Chief Customer and Marketing Officer at PayPal, had a dual role as President of Global Business Payments and Executive Vice President and Head of Global Strategy at The Western Union Company, and served as Senior Executive Vice President and Chief Marketing Officer at Wachovia. Ms. Clark is a global banking leader with more than 25 years of executive experience and was recognized as one of The Most Influential Women in the San Francisco Business Times, PaymentsSource and Bank Technology News, and one of the Silicon Valley Business Journal's Women of Influence. This follows her repeated recognition as one of the most influential leaders in payments and banking by American Banker, U.S. Banker, Global Finance, and Treasury & Risk Management. 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, she 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 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 Executive Officer of Mitsubishi UFJ Financial Group, Inc. and The Bank of Tokyo-Mitsubishi UFJ, 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 U.S. Wholesale Banking

Kevin Cronin has been General Manager and Head of U.S. Wholesale Banking since April 26, 2011. In his role, Mr. Cronin is responsible for both the relationship management and portfolio management of the bank's U.S. customer base. His expertise in corporate banking products and services and their application to corporate financing needs is a valuable asset to MUFG. He has vast experience in syndicated finance, public and private debt instruments, risk mitigation techniques, global treasury and trade services as well as credit and business risk assessment.

Mr. Cronin also brings to his role deep experience in corporate banking and finance, risk and portfolio management, and client development, combined with industry knowledge and leadership skills. He possesses a broad knowledge of industries which represent attractive corporate banking opportunities (Natural Resources, Consumer & Retail, Diversified Industrials, Media, Technology and Financial Institutions) and has vast experience developing business and financial plans focused on fee pools, key players, major trends, industry challenges, and strategic opportunities. His background contributes both broad strategic thinking and attention to detail to MUFG's growing business.

Mr. Cronin served as Managing Director and head of U.S. Corporate Banking at Banco Santander. Prior to that, he had a 20-year career at Bank of America and its predecessor firms (FleetBoston, BancBoston) where his previous responsibilities included leading U.S. Corporate Banking coverage and Treasury Management sales for corporate clients in the Americas. Mr. Cronin is a graduate of Boston University and holds an MBA in Finance 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.
Kazuo Koshi
Managing Executive Officer
Deputy Chief Executive, Global Business Unit
Deputy Chief Executive Officer for the Americas
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Kazuo "Kaz" Koshi is Managing Executive Officer and serves in two distinct positions for The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), a wholly-owned 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 BTMU`s businesses outside Japan. He is also Deputy Chief Executive Officer for the Americas at both BTMU 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.
Chris Perretta
Chief Information and Operations Officer

Chris Perretta is the Chief Information and Operations Officer for MUFG Americas Holdings Corporation and its U.S. banking subsidiary, MUFG Union Bank, N.A. Mr. Perretta leads the Integrated Services for the Americas organization, where he is responsible for the technology, operations and business transformation functions, as well as the support services that include strategy, risk management, home office coordination and planning and communications.

Prior to joining MUFG, Mr. Perretta held a number of leadership positions at State Street Corporation, most recently serving as Global Head of Enterprise Data and Technology. In this role, he led the company's overall technology strategy while aggregating State Street's data and insights for global clientele. Previously, he served as State Street's Chief Information Officer, responsible for all aspects of the company's information technology businesses and activities, including the management of nearly 6,000 employees and contractors on four continents. Prior to State Street, Mr. Perretta held executive positions with General Electric and Andersen Consulting in the US, France, and the UK. He began his career at GE as an electrical engineer.

Mr. Perretta is a graduate of Johns Hopkins University, and received an MSEE from Syracuse University. He speaks regularly on the topic of technology, and serves as the Board Director of NetScout, a Technology Infrastructure organization.
Amy C. Ward
Chief Human Resources Officer for the Americas

Amy C. Ward is Chief Human Resources Officer for the Americas, which includes MUFG Americas Holdings Corporation and its primary U.S. banking subsidiary, MUFG Union Bank, N.A. Ms. Ward oversees human resources strategies and functions for MUFG's operations in the United States, Latin America and Canada.

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 to executives in charge of Retail Banking, Asset Management, Corporate & Institutional Banking, and CIO/Treasury businesses. She 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
Timothy H. Wennes
West Coast President and Head of the Regional Bank
 
Tim Wennes is West Coast President and Head of the Regional Bank for MUFG Union Bank, N.A. He began his banking career in 1989 and joined Union Bank in 2008. He was named Vice Chairman in 2010 and assumed the role of West Coast President in July 2014. In this capacity, Mr. Wennes represents MUFG Union Bank with customers, community leaders and elected officials on the West Coast.

Mr. Wennes has oversight for Commercial Banking, Real Estate Industries, Consumer Banking, and Wealth Markets, which includes HighMark Capital Management, Inc. and UnionBanc Investment Services LLC. Additionally, he oversees Enterprise Marketing and the bank's Corporate Social Responsibility programs which encompass The MUFG Union Bank Foundation, Community Outreach, Environmental Stewardship, CRA Strategy and Operations, and Supplier Diversity.

Mr. Wennes is a graduate of the University of Southern California, where he received a bachelor's degree in Business Administration. He also earned an MBA in International Business from California State University Fullerton.

Mr. Wennes serves on the Corporate Advisory Board for the USC Marshall School of Business. He is Immediate Past Chair of the Consumer Bankers Association, board member of the California Business Roundtable, serves on the Global Board of Operation HOPE, and is a National Trustee for Boys & Girls Clubs of America in the Pacific Region.
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 15-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.