Mitsubishi UFJ Financial Group and its U.S. subsidiary, MUFG Union Bank, have named Ranjana Clark to the role of San Francisco Bay Area president.

Clark adds this role to her existing responsibilities as the head of transaction banking for the Americas at the $115.4 billion-asset MUFG Union Bank. In the newly created position, Clark will handle relationships with the company's existing Bay Area clients, local civic leaders and community-based organizations.

Additionally, Clark will oversee the company's philanthropic efforts in the San Francisco Bay Area, including coordinating its employees' volunteer work. She will continue to report to MUFG Bank President and Chief Executive Steve Cummings.

"The Bay Area is home to a large group of the bank's senior leaders and employees who are vital to our business in the Americas," Clark said in a news release Monday. "Our Bay Area customers and clients are incredibly important to our business, and we view this region as a critical growth engine for our entire organization."

Clark has been recognized several times as one of American Banker's Most Powerful Women in Banking. She was ranked No. 25 in 2015.

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