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Bank of Tokyo-Mitsubishi UFJ Announces Integrated Business Leaders for BTMU Americas Holdings
For Immediate Release
NEW YORK/SAN FRANCISCO, July 15, 2013 – The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) today established an integrated executive committee for BTMU Americas Holdings with jurisdiction for all BTMU operations in the Americas region, including BTMU Headquarters for the Americas in New York and Union Bank, N.A. in San Francisco.
Masashi Oka, Chief Executive Officer for the Americas, BTMU, named the following business leaders responsible for the combined business segments of Headquarters for the Americas and Union Bank.
Ranjana Clark, Head of Transaction Banking; Kevin Cronin, Head of U.S. Corporate Banking; Toshi Motoshita, Head of Asian Corporate Banking; Michael Stedman, Head of Commercial Banking & Real Estate; Tim Wennes, Head of Retail Banking & Wealth Markets and Johannes (Johs) Worsoe, Head of Investment Banking and Markets
“Assembling these strong leaders into one combined management team will align our business units and amplify their capabilities across geographies and markets,” said Mr. Oka. “This is a major step forward in BTMU’s commitment to the Americas, including the U.S. It will facilitate more investment in the business, and give our customers a broader service model and solution set.”
Mr. Oka also announced that Katsumi Hatao will continue as Deputy CEO for the Americas with BTMU Americas Holdings and assumes the additional responsibilities for all Wholesale Banking businesses.
About The Bank of Tokyo–Mitsubishi UFJ, Ltd. and Mitsubishi UFJ Financial Group, Inc.
The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) is Japan's premier bank, with a global network spanning more than 40 countries. BTMU offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. In the Americas, BTMU has offices throughout the United States, Canada, and Central and South America serving mainly corporate clients. BTMU's parent, Mitsubishi UFJ Financial Group, Inc. (MUFG), is one of the world's leading financial groups. MUFG's services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group's operating companies include BTMU, Mitsubishi UFJ Trust and Banking Corporation (Japan's leading trust bank), and Mitsubishi UFJ Securities Holdings, one of Japan's largest securities firms. MUFG's shares trade on the Tokyo, Osaka, Nagoya, and New York (NYSE: MTU) stock exchanges.
About UnionBanCal Corporation and Union Bank, N.A.
Headquartered in San Francisco, UnionBanCal Corporation is a financial holding company with assets of $97 billion at March 31, 2013. Its primary subsidiary, Union Bank, N.A., is a full-service commercial bank providing an array of financial services to individuals, small businesses, middle-market companies, and major corporations. The bank operated 443 branches in California, Washington, Oregon, Texas, Illinois, and New York as well as two international offices, on March 31, 2013. UnionBanCal Corporation is a wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a subsidiary of Mitsubishi UFJ Financial Group, Inc. Union Bank is a proud member of the Mitsubishi UFJ Financial Group (MUFG, NYSE:MTU), one of the world's largest financial organizations. In July 2013, American Banker Magazine and the Reputation Institute ranked Union Bank #1 for reputation among its customers. Visit www.unionbank.com for more information.