Greg Cicero Joins Union Bank to Head Global Treasury Management

Fri Mar 27, 2009 11:00am EDT

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SAN FRANCISCO--(Business Wire)--
Union Bank, N.A., today announced that Greg Cicero has joined the bank as
executive vice president for the Global Treasury Management division. In this
capacity, he will provide direct oversight for strategic national and
international expansion, delivering innovative online and electronic products,
and developing the global payments business of the future. 

"Greg brings to the position a broad range of experience in cash management and
customer solutions within receivables, payables, information reporting, and
liquidity management," said JoAnn Bourne, senior executive vice president and
head of Union Bank`s commercial deposits and treasury management group. "Well
known in the industry for his integrity and client focus, Greg`s strengths will
help us meet the growing needs of our customers for both domestic and
international services. We are fortunate to have him join Union Bank at a time
when we are experiencing solid growth." 

Cicero joins Union Bank after spending 25 years with The Bank of New York Mellon
and one of its predecessors, Mellon Financial Corporation, one of the nation`s
foremost cash management banks. In his most recent position, Cicero was
department head for the Working Capital Solutions business, and a member of the
company`s senior management committee. 

Cicero joined Mellon Global Cash Management (GCM) in 1983 as manager of an
operations analysis and consulting team. He then served as general manager for
Mellon GCM's Dallas lockbox facility, returning in 1989 to Pittsburgh, PA, where
he held several product management positions for both paper-based and electronic
services. 

He then went on to serve as director of product management for all cash
management. Prior to joining Mellon, Cicero was a senior consultant with
Andersen Consulting (now Accenture), where he specialized in systems design and
installation for large manufacturing companies. 

A native of Pittsburgh, Cicero received bachelor's degrees in economics and
psychology and a master's degree in business administration from the University
of Pittsburgh. He also is a certified cash manager. 

About UnionBanCal Corporation

Headquartered in San Francisco, UnionBanCal Corporation is a financial holding
company with assets of $70.1 billion at December 31, 2008. Its primary
subsidiary, Union Bank, N.A., is a full-service commercial bank providing an
array of financial services to individuals, small businesses, middle-market
companies, and major corporations. Union Bank is California`s fifth largest bank
by deposits. The bank has 335 banking offices in California, Oregon and
Washington, and two international offices. UnionBanCal Corporation is a
wholly-owned subsidiary of The Bank of Tokyo-Mitsubishi UFJ, Ltd., which is a
subsidiary of Mitsubishi UFJ Financial Group, Inc. (NYSE:MTU). Visit
www.unionbank.com for more information. 

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Union Bank
Daniel W. Weidman, 213-236-4050
daniel.weidman@uboc.com
or
Tanya Peebles, 213-236-5329
tanya.peebles@uboc.com

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