UnionBanCal Corporation and Union Bank names new board members.
Global Banking News-June 9, 2014--UnionBanCal Corporation and Union Bank names new board members
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Global Banking News - 09 June 2014
UnionBanCal Corporation, and its primary banking subsidiary, Union Bank, NA, has named new board members as six of its current directors were set to retire on June 6.
Effective as of June 6, four new members have joined the board of UnionBanCal Corporation and Union Bank, N.A. as outside directors: Michael D. Fraizer, Ann F. Jaedicke, Henry R. Keizer and Toby S. As of July 1, Fraizer and Keizer and Jaedicke will serve as board members of MUFG Union Bank, N.A. and MUFG Americas Holdings Corporation; Myerson will only serve on the board of MUFG Union Bank, N.A.
The company also said that Aida M. Alvarez, Takeo Hoshi, Ph.D., Nicholas B. Binkley, L. Dale Crandall and Murray H. Dashe, presently members of board of directors of UnionBanCal Corporation and Union Bank, were set to retire from their roles effective June 6. Effective July 1, Katsunori Nagayasu, chairman of BTMU, will retire as a board member of UnionBanCal Corporation.
On July 1, 2014, when The Bank of Tokyo-Mitsubishi UFJ, Limited (BTMU), a subsidiary of Mitsubishi UFJ Financial Group, Inc (MUFG) (NYSE: MTU) (TYO: 8306) (8306.MU), integrates BTMU's US branch banking operations with Union Bank, NA, the new legal name of the bank will be MUFG Union Bank, N.A. and the legal name of the holding company will be MUFG Americas Holdings Corporation.
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|Publication:||Global Banking News (GBN)|
|Date:||Jun 9, 2014|
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