Johannes (Johs) Worsoe Given Expanded Duties and Will Join Executive Management CommitteeJOHANNES (JOHS) WORSOE Union Bank of Ca

  
    
  
  
    
      Union Bank of California Executive Vice President Johs Worsoe has been 
      appointed head of the bank’s institutional 
      services and asset management business lines and has been added to the 
      bank’s Executive Management Committee, which 
      consists of the bank’s policy-making officers.
    
    
      Worsoe’s current responsibilities include 
      overseeing the global markets foreign exchange, global markets 
      derivatives, UnionBanc investment services, IRA solutions and UnionBanc 
      insurance services, the parent organization for the bank’s 
      insurance agencies.
    
    
      With the retirement of Executive Vice President Piet Westerbeek as head 
      of institutional services and asset management, Worsoe is now 
      responsible for the majority of the bank’s 
      non-interest income, fee-generating businesses. Westerbeek, who has been 
      with the bank some 34 years, is assisting with the transition.
    
    
      Prior to joining Union Bank of California in 2001, Worsoe spent six 
      years at Imperial Bank in Los Angeles where he served as senior vice 
      president and managing director of international financial services 
      division. Before his tenure there, he managed the foreign exchange 
      activities for National Bank of Long Beach, a subsidiary of a major 
      Scandinavian bank.
    
    
      Worsoe also served as chief investment officer for Eurocom Investments, 
      a financial services company dedicated to serving Scandinavian high net 
      worth clients living in Spain and Great Britain. From 1985 to 1991, 
      Worsoe worked in various positions, including the foreign exchange 
      department, for Vejle, Denmark-based Aktivbanken A/S.
    
    
      A native of Denmark, Worsoe holds an M.B.A. from the University of 
      Southern California and a B.A. degree from the University of Phoenix. He 
      also holds a diploma from the Danish Banking School. In addition to his 
      duties at Union Bank of California, Worsoe volunteers in the USC 
      undergraduate mentor program, and is the treasurer of the Danish 
      American Chamber of Commerce. He is also on the board of directors of 
      the Boys & Girls Clubs of Hollywood.
    
    
      Worsoe speaks five languages fluently: Danish, English, German, French 
      and Spanish.
    
    
      Based in San Francisco, UnionBanCal Corporation (NYSE:UB) is a bank 
      holding company with assets of $52.6 billion at December 31, 2006. Its 
      primary subsidiary, Union Bank of California, N.A., had 321 banking 
      offices in California, Oregon and Washington, and 2 international 
      offices at December 31, 2006. The company's Web site is located at www.unionbank.com.