IRVINE, Calif., Nov. 17, 2017 /PRNewswire/ -- Union Bank
today announced the appointment of Brian
Mulvaney as Managing Director and Regional Manager for
Commercial Banking's Middle Market and Business Banking activities
in Orange County. He is
replacing Kjell Gronvold, who retires November 30.
Mulvaney is based in Irvine,
reporting to Scott Connella,
Managing Director, and Commercial Banking Market President for
Southern California. He is
responsible for executing all aspects of the bank's strategy to
deliver a broad spectrum of commercial credit products to privately
held, private-equity-owned, and public companies with annual
revenues between $10 million and $1
billion.
With 25 years of financial services experience, Mulvaney joins
Union Bank from Bank of America Merrill Lynch where he served as
Market Manager for Orange County Global Commercial Banking – Middle
Market. He also has significant prior investment banking experience
with Orange County and
Los Angeles-based firms.
"We are very excited to welcome Brian to Union Bank's Commercial
Banking team," said Connella. "Orange
County is a very important market for us and we are
committed to ensuring that its many successful commercial clients
have access to the quality financial services expertise and advice
that they have come to expect and appreciate from Union Bank.
"There is absolutely no doubt that Brian's deep familiarity with
this market and his demonstrated success at serving the needs of
its commercial banking clients will further reinforce our ongoing
commitment to deliver an excellent experience to this important
segment."
Mulvaney earned a bachelor's degree from the University of Vermont and a Masters of Businesss
Administration from the University of Southern
California.
He sits on the boards of Forum for Corporate Directors,
USC Marshall Partners, and the Orange
County Lacrosse Association, and is Vice Chairman of the
Rising Leaders Committee for the Segerstrom Center of the Arts.
He and his wife of 20 years have four daughters and have lived
in Orange County for the past 25
years.
About Commercial Banking
The Commercial Banking
Division at MUFG Union Bank, N.A focuses on companies on the West
Coast with traditional Middle Market and Business Banking profiles,
with annual revenues between $10 million and
$1 billion. Commercial Banking offers a broad spectrum of
commercial credit products including commercial loans and
asset-based loans, in addition to a full array of traditional
commercial banking products including treasury management, interest
rate derivatives, foreign exchange, wealth management, trade
finance services, global business, syndications, and
more.
About MUFG Union Bank, N.A.
As of September 30,
2017, MUFG Union Bank, N.A. operated 361 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 18 PurePoint Financial Centers and two international offices. 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 $118.6 billion, as of September 30, 2017, 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 ¥304.2 trillion
(JPY) or $2.7 trillion
(USD)1, as of June 30,
2017. 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=¥112.0 (JPY) as of June 30,
2017
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SOURCE Union Bank