Union Bank Commercial Banking Executive Robert Dawson to Retire after 28
Years with Company
Will Continue in Advisory Role to CEO Until June 2014
SAN FRANCISCO -- July 15, 2013
Union Bank, N.A., today announced that Senior Executive Vice President and
Commercial Banking Group head Robert C. Dawson will retire effective July 15,
2013, after a highly successful 28 years with the company. Dawson will
continue to serve as an advisor to President and Chief Executive Officer
Masashi Oka through June 2014.
In addition to leading the bank’s commercial lending activities, Dawson
retires as a member of Union Bank’s Executive Committee, the policy-making arm
of the company comprised of key officers selected by the CEO to drive the
Bank's strategy, financial direction and risk profile.
Dawson was named head of commercial banking in 2006 and has been accountable
for all of the bank’s commercial lending activities. These have comprised both
general commercial lending and various specialized lending niche businesses
including energy, national banking, entertainment finance, commercial finance
and technology finance. Union Bank has longtime roots in the Western United
States as a premier lender to middle market, corporate and multinational
companies and in recent years, has broadened its national outreach by opening
commercial offices in New York, Dallas, Houston, Chicago and Atlanta.
“Bob and his group have been a significant and consistent contributor to the
bank’s growth in earnings over the years,” said Oka. “He has built a strong
management team that will build upon this success in the years to come. We
will miss his expertise and commitment, and especially his strengths as a
leader. I’m glad he’ll be assisting me in the coming months as he transitions
Prior to his most recent position, Dawson served in a variety of managerial
roles for Union Bank including capital markets, communication, media and
telecom, national banking and insurance finance.
He joined Union Bank in 1985 after starting his career with International
Paper Company in New York City. He received his bachelor’s degree in business
administration from the University of Notre Dame and his MBA from the
University of Southern California. He currently serves on the board of
directors for the Library Foundation of Los Angeles and also on the Corporate
Advisory Board for the USC Marshall School of Business.
“It has been an honor to work at a company with such a stellar reputation in
the commercial banking industry,” said Dawson. “I am always proud to say I
work for Union Bank and I fully expect that tradition to continue long after I
retire as the company remains committed to recruiting and retaining some of
the best bankers in the country.”
About UnionBanCal Corporation & 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, New York and Illinois, 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 http://www.unionbank.com for more information.
Union Bank, N.A.
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