MUFG Appoints Ranjana Clark to Head of Global Transaction Banking

MUFG Bank today announced the appointment of Ranjana Clark to a newly created position of Deputy Head of Transaction Banking Group, with the functional title of Head of Global Transaction Banking, effective immediately. She will report to Yoshitake Manabe, Head of Transaction Banking Group. Ms. Clark assumes this new role in addition to her current positions as Head of Transaction Banking Americas and Bay Area President, where she will continue to report in those capacities to Regional Executive for the Americas Steve Cummings.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190829005232/en/

Ms. Ranjana Clark, Executive Officer, Transaction Banking Group, MUFG Bank, Ltd. (Photo: Business Wire)

Ms. Ranjana Clark, Executive Officer, Transaction Banking Group, MUFG Bank, Ltd. (Photo: Business Wire)

"Ranjana will work closely with MUFG teams across regions to harness and amplify the synergies of this globally important business," said Mr. Manabe. "We are excited that she will lead the Transaction Banking Group's global transformational and strategic initiatives that align with business goals and elevate MUFG's franchise value."

Ms. Clark is an experienced and strategic business leader with a track record of success across numerous roles and areas of responsibility. Prior to this role, she led teams to forge new opportunities in key U.S., Canadian, and Latin American markets within Treasury Management, Trade Finance, and Global Trust Services businesses.

In this new position, Ms. Clark will be responsible for managing global aspects of the Transaction Banking business, including strategy, sales, client delivery/service, product development, and risk management. Innovation, product development, and process improvement will be critical to enhance the way we do business and serve clients.

"Ranjana has keen insight into how this business is evolving across a global marketplace, and how new market demands are emerging," said Mr. Cummings. "We look forward to the leadership she will bring to this new global role in addition to her responsibilities at Transaction Banking Americas."

About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG)8306MUFG is one of the world's leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 3,000 locations in more than 50 markets. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

The Group aims to "be the world's most trusted financial group" through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG's shares trade on the Tokyo, Nagoya, and New York stock exchanges.

MUFG Bank, Ltd. is Japan's premier bank, with a global network spanning more than 50 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments and individuals worldwide.

For more information, visit www.mufg.jp/english.

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