Ranjana Clark Will Join Union Bank as Senior Executive Vice President and Head of Global Treasury Management

  Ranjana Clark Will Join Union Bank as Senior Executive Vice President and
  Head of Global Treasury Management

Business Wire

SAN FRANCISCO -- June 6, 2013

Union Bank, N.A., today announced that longtime financial services executive
Ranjana B. Clark will join the company on July 1 as Senior Executive Vice
President and head of Global Treasury Management. She succeeds retiring Senior
Executive Vice President JoAnn M. Bourne, who has served as head of Global
Treasury Management since 2003.

Ranjana Clark (Photo: Business Wire)

Ranjana Clark (Photo: Business Wire)

Clark will oversee several significant lines of business within Global
Treasury Management: Corporate and Institutional Treasury Services, Commercial
Treasury Services, eCommerce, Commercial Product Management and Global Trust
Services. She will be based in San Francisco and will report to Union Bank
President and Chief Executive Officer Masashi Oka, who is also Chief Executive
Officer for the Americas for The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU).

“Ranjana is a global banking leader with a deep knowledge of the financial
services industry and more than 25 years executive leadership experience,”
said Oka. “Her accomplishments in the areas of treasury management, global
payment innovations, and marketing and customer experience strategies, are
exactly what we need to advance Union Bank’s and BTMU’s growth across North
America.”

Clark was most recently Chief Customer and Marketing Officer at PayPal, an
eBay, Inc. company. Prior to PayPal, she was with The Western Union Company in
a dual role asPresident of Global Business Payments and Executive Vice
President and Head of Global Strategy. Previously, Clark spent 20 years with
Wells Fargo and its predecessor companies, where she held a number of senior
management positions. She was a Senior Executive Vice President and Chief
Marketing Officer at Wachovia and member of the Operating Committee.

She also served as head of Wachovia’s Treasury Services division, a business
focused on providing enterprises with working capital, liquidity and supply
chain management solutions. Clark led the merger integration, growth and
transformation of that business into an industry leading position. She was
also head of Strategic Development for the Capital Markets Division and head
of Strategic Planning. Prior to Wachovia, she spent five years with Deutsche
Bank in Mumbai, India.

Clark 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 prestigious
Indian Institute of Management, Ahmedabad, and a Bachelor of Arts from the
University of Delhi. She has held Certified Treasury Professional and Series
7, 8, 24 and 63 securities licenses.

This year she was recognized as one of The Most Influential Women in Payments
by 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 U.S. Banker,
American Banker and Treasury & Risk Management. Clark currently serves on the
Board of Visitors of the Fuqua School of Business at Duke University.

About UnionBanCal Corporation & Union Bank, N.A.

Headquartered in San Francisco, UnionBanCal Corporation is a financial holding
company with assets of $92.3 billion at March 31, 2012. 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 operates 407 branches in
California, Washington, Oregon, Texas, New York and Illinois, as well as two
international offices. 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. Visit http://www.unionbank.com for more information.

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Contact:

Union Bank, N.A.
Daniel Weidman, 213-236-4050
daniel.weidman@unionbank.com
or
Joanne Curran, 213-236-5017
joanne.curran@unionbank.com
 
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