Bank of Tokyo-Mitsubishi UFJ Americas Names Johs Worsoe as Chief Administrative Officer - Insurance News | InsuranceNewsNet

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February 9, 2011
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Bank of Tokyo-Mitsubishi UFJ Americas Names Johs Worsoe as Chief Administrative Officer

NEW YORK--(BUSINESS WIRE)-- The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU), today announced that Johannes (Johs) Worsoe has been appointed Chief Administrative Officer for the Americas. Worsoe reports to BTMU’s CEO for the Americas, Masaaki Tanaka.

In his new role, effective immediately, Worsoe will lead and manage a number of crucial activities, including BTMU’s new corporate communications and financial management groups. Worsoe will also be responsible for developing the existing partnerships with Morgan Stanley, in which BTMU has a 21 percent stake, as well as with Union Bank, Mitsubishi UFJ Securities (USA), and other MUFG affiliates and subsidiaries.

A native of Denmark, Worsoe brings an international perspective to BTMU’s global enterprise, having lived and worked in several European locations and, for the past 18 years, in the United States, most recently at BTMU’s wholly owned retail banking subsidiary, Union Bank. His career includes working in capital markets, private banking, brokerage, asset management, insurance, fiduciary, and other businesses, with experience in revenue generation, operations, risk management, and systems.

“I look forward to helping create closer ties among the many different businesses of BTMU Americas within the wide scope of CEO Masa Tanaka’s vision,” says Worsoe.

Worsoe developed extensive client, regulatory, peer, and market-participant relationships during his years at Union Bank, and also is well connected with BTMU’s colleagues in Morgan Stanley’s institutional and wealth businesses.

He earned an MBA degree from the University of Southern California and a bachelor’s degree from the University of Phoenix. Worsoe also holds a diploma from the Danish Banking School, and he attended an executive management program at Harvard Business School.

About The Bank of Tokyo-Mitsubishi UFJ, Ltd.

The Bank of Tokyo-Mitsubishi UFJ, Ltd. (BTMU) is Japan’s premier bank, with a global network spanning over 40 countries. BTMU offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. In the Americas, BTMU has offices throughout the U.S., Canada, and Central and South America serving mainly corporate clients. BTMU’s parent, Mitsubishi UFJ Financial Group (MUFG), is one of the world’s leading financial groups, with total assets of more than JPY 203 trillion (approximately US$2.5 trillion) as of December 31, 2010. MUFG’s services include commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group’s operating companies include BTMU, Mitsubishi UFJ Trust and Banking Corporation, Japan’s leading trust bank, and Mitsubishi UFJ Securities Holdings, one of Japan’s largest securities firms. MUFG’s shares trade on the Tokyo, Osaka, Nagoya, and New York (NYSE: MTU) stock exchanges.

Press:
The Bank of Tokyo-Mitsubishi UFJ, Ltd.Beth Gilroy, 212-782-4627
[email protected]

Source: The Bank of Tokyo-Mitsubishi UFJ, Ltd.

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