MUFG Appoints Johannes H. Worsoe Chief Financial Officer of MUFG Americas Holdings Corp. and MUFG Union Bank
December 14 2016 - 4:30PM
Business Wire
Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world’s
leading financial groups, today announced the appointment of
Johannes H. “Johs” Worsoe as Chief Financial Officer of MUFG
Americas Holdings Corporation and its banking subsidiary MUFG Union
Bank, N.A., effective immediately.
Mr. Worsoe, 49, joined the company in 2001 and most recently
served as Head of Investment Banking & Markets (IB&M). He
will continue to be based in New York reporting to U.S. CEO Steve
Cummings. Mr. Worsoe succeeds former MUFG Americas Chief Financial
Officer John F. Woods, who is leaving the company.
“Over the course of his 15 years with MUFG, Johs has flourished
at every level,” said Mr. Cummings. “Johs knows our company
intimately across a multitude of businesses and control functions,
and his grasp of complex financial products and the evolving
regulatory environment – combined with his global banking
experience – make him an outstanding choice to be our CFO. MUFG has
incredible momentum in the Americas and I’m pleased that Johs has
accepted this important role.”
Prior to his most recent role as head of IB&M, Mr. Worsoe
was Chief Administrative Officer for the Americas for The Bank of
Tokyo-Mitsubishi UFJ. Ltd., a role in which he was responsible for
financial management and corporate strategy. Mr. Worsoe also served
as Senior Executive Vice President and Head of Global and Wealth
Markets for the former UnionBanCal Corporation and its former
primary subsidiary, Union Bank N.A.
Prior to 2001, when he joined legacy Union Bank, Mr. Worsoe held
various investment banking and capital markets roles in Denmark,
Spain and the U.S. Mr. Worsoe holds an MBA in finance from the
University of Southern California and a bachelor’s degree in
business from the University of Phoenix.
About MUFG Americas Holdings Corporation
Headquartered in New York, MUFG Americas Holdings Corporation is
a financial holding company and bank holding company with total
assets of $151.1 billion at September 30, 2016. Its main
subsidiaries are MUFG Union Bank, N.A. and MUFG Securities Americas
Inc. MUFG Union Bank, N.A. provides an array of financial services
to individuals, small businesses, middle-market companies, and
major corporations. As of September 30, 2016, MUFG Union Bank,
N.A. operated 366 branches, comprised primarily of retail banking
branches in the West Coast states, along with commercial branches
in Texas, Illinois, New York and Georgia, as well as two
international offices. MUFG Securities America Inc. is a registered
securities broker-dealer which engages in capital markets
origination transactions, private placements, collateralized
financings, securities borrow and loan transactions, and domestic
and foreign debt and equities securities transactions. MUFG
Americas Holdings Corporation is owned by The Bank of
Tokyo-Mitsubishi UFJ, Ltd. and Mitsubishi UFJ Financial Group,
Inc., one of the world’s leading financial groups. The Bank of
Tokyo-Mitsubishi UFJ, Ltd. is a wholly-owned subsidiary of
Mitsubishi UFJ Financial Group, Inc. Visit www.unionbank.com or
www.mufgamericas.com for more information.
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 $116.9
billion, as of September 30, 2016, 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 ¥293.7 trillion
(JPY) or $2.9 trillion (USD)¹, as of September 30, 2016. 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=¥101.12 (JPY) as of September 30,
2016
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version on businesswire.com: http://www.businesswire.com/news/home/20161214006211/en/
MUFG Americas Holdings CorporationRich Silverman,
212-782-5953rsilverman@us.mufg.jp
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