Head of Global and Americas Transaction Banking MUFG
For Ranjana Clark influence is not a top-down proposition.
"When looking to fill an open position, we ask not only how a potential candidate will fit into our organization, but how will they change us?" said Clark, who leads more than 1,000 far-flung employees in her global role. "Questions like this evolve corporate mindsets, disrupt business as usual, create new constructs, and can yield powerful and sometimes unanticipated outcomes."
Clark is a 36-year financial services veteran who held top executive positions at PayPal, Western Union and Wells Fargo before her 2013 arrival at the $171 billion-asset MUFG America Holdings, a division of the Japanese banking giant Mitsubishi UFJ Financial Group. She has added numerous responsibilities in the eight years since, specializing in the intersection of technology and product development.
One of the newest initiatives for her is Green Deposits, a product that enables commercial and corporate clients to support environmental, social and governance projects. MUFG uses the deposited funds to finance projects related to energy efficiency, renewable energy and green transport, among other things. Other initiatives include commercial cards in Canada, a new lockbox platform, an expanded service cloud and live chat.
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In addition, Clark is leading a global rollout of the MUFG Exchange, an online client portal that originated in the Americas.
Over the past year, Clark, who also serves as the Bay Area president for the company’s U.S. banking unit, MUFG Union Bank, has responded to the recent spike in hate crimes against Asian Americans and Pacific Islanders. She added her support to the Asian Pacific Islander employee resource group, amplifying ideas on how colleagues can take action to help. Clark is also a member of the Neythri Founding Circle, a leadership organization for South Asian women.
U.S. Bancorp announced in late September that it had agreed to
