SAN FRANCISCO--(BUSINESS WIRE)--MUFG Union Bank, announced today that Policy Making Officer and Head of Transaction Banking for the Americas, Ranjana Clark, has been named to American Banker Magazine’s annual list of the “Top 25 Most Powerful Women in Banking.” She leads the bank’s Treasury Management and Global Trust and Custody businesses, and the company-wide digital channels. Based in San Francisco, Ms. Clark is also a member of MUFG’s Executive Committee for the Americas, the primary policy-making group for the bank.
“All of the women in our rankings — Ranjana included — are leaders at their companies and are truly exceptional at their jobs,” said American Banker executive Editor Bonnie McGeer. “Ranjana is also active in the industry, and in her community. Our hope is that by calling attention to such outstanding women, we can help amplify efforts by the industry to diversify its still largely male-dominated senior ranks.”
In naming Ms. Clark to the Top 25 list, the magazine cited her role leading transaction banking efforts for MUFG in the United States, Canada, and Latin America, where she’s responsible for sales, product development, client delivery, strategy, and risk management. She oversaw year-over-year improvements in total deposits and revenue, and restructured the group to align for increased flexibility and growth, focusing on a streamlined onboarding process for new clients.
“Ranjana is a strong leader, collaborator, and mentor,” said Stephen Cummings, President and Chief Executive Officer for MUFG Union Bank. “She surpasses her business goals every year, and finds innovative ways to serve our clients while inspiring our colleagues. This honor is a welcome and well-deserved recognition.”
Prior to joining MUFG in 2013, Ms. Clark was Chief Customer and Marketing Officer at PayPal. She also served as President of Global Business Payments and Head of Global Strategy at Western Union, and earlier was Senior Executive Vice President and Chief Marketing Officer at Wachovia Bank where she also served as Head of the Treasury Services Group. Prior to Wachovia, she spent five years with Deutsche Bank in Mumbai, India.
Ms. Clark earned her MBA with an emphasis in Finance from Duke University’s Fuqua School of Business, and received an MBA with an emphasis in Marketing from the Indian Institute of Management in Ahmedabad, India. She received her Bachelor of Arts from the University of Delhi. She has held the Certified Treasury Professional designation as well as Series 7, 8, 24 and 63 securities licenses.
Ms. Clark has been recognized as one of “The Most Influential Women in Payments” by Payments Source and Bank Technology News. She also has been named as one of the “Most Influential Women in Bay Area Business” by the San Francisco Business Times and was included in a list of “Women of Influence” by the Silicon Valley Business Journal. She is a member of the Board of Directors of StanCorp Financial Group, Inc., and served on the Board of Visitors of the Fuqua School of Business at Duke University, and the boards of The Association of National Advertisers, the AdCouncil, and the Center for Economic Development in Washington, D.C.
Ms. Clark is joined in American Banker Magazine’s annual list of top bankers by her MUFG colleagues Bita Ardalan, head of Middle Market Banking for the U.S., and Wendy Breuder, Co-General Manager and Head of Midwest General Industries for U.S. Corporate Banking. Both were named to the magazine’s list of ‘25 Women to Watch.’ Ardalan is based in Woodland Hills, California, and Breuder in Chicago.
All of this year’s honorees will be celebrated at a gala dinner and awards ceremony on October 8 at the Waldorf Astoria in New York City, hosted by American Banker Magazine and parent company SourceMedia. The 13th annual ranking is featured in the October issue of American Banker and published at http://www.americanbanker.com/women-in-banking/.
About MUFG Union Bank, N.A.
MUFG Union Bank, N.A., is a full-service bank with offices across the United States. We provide a wide spectrum of corporate, commercial and retail banking and wealth management solutions to meet the needs of customers. We also offer an extensive portfolio of value-added solutions for customers, including investment banking, personal and corporate trust, global custody, transaction banking, capital markets, and other services. With assets of $113.5 billion, as of June 30, 2015, MUFG Union Bank has strong capital reserves, credit ratings and capital ratios relative to peer banks. MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (NYSE: MTU), one of the world’s largest financial organizations with total assets of approximately ¥284.9 trillion (JPY) or $2.3 trillion (USD)¹, as of June 30, 2015. The corporate headquarters (principal executive office) for MUFG Americas Holdings Corporation, which is the financial holding company and MUFG Union Bank, is in New York City. The main banking office of MUFG Union Bank is in San Francisco, California.
1 Exchange rate of 1 USD=¥122.45 as of June 30, 2015
ABOUT THE MOST POWERFUL WOMEN IN BANKING AND FINANCE
The Most Powerful Women in Banking and Finance recognizes the professional achievements, personal tenacity, and overall influence of the industry’s top-performing female executives. The annual program, now in its 13th year, encompasses four lists: the 25 Most Powerful Women in Banking™, the 25 Most Powerful Women in Finance, the 25 Women to Watch, and the Top Banking Teams. Rankings and details about the awards dinner are available at http://www.americanbanker.com/women-in-banking/.
ABOUT AMERICAN BANKER and AMERICAN BANKER MAGAZINE
American Banker is the essential resource for senior executives in banking and financial services, keeping its users updated on vital developments and focusing sharply on their most important concerns. American Banker Magazine is the monthly publication of American Banker, which also provides research and data and hosts an annual roster of professional events and conferences.
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