LOS ANGELES, Aug. 22, 2018 /PRNewswire/ -- Union Bank today announced that Ryan LaChapelle has joined its Regional Bank as Managing Director, Operational Risk Services Lead. He is responsible for developing, maintaining, staffing and executing the core risk management processes as an internal service to the Regional Bank's business units. LaChapelle reports to Michael Schuchardt, Head of Risk and Control for the Regional Bank. He is based in the bank's Woodland Hills, CA office.
"Since our founding more than 150 years ago, Union Bank has been committed to responsible banking, and strong risk management is an important part of that commitment," said Schuchardt. "That's why we are very pleased to welcome Ryan LaChapelle to the Union Bank. His extensive banking, risk management and leadership experience make him an important addition to our team."
Prior to joining the bank, LaChapelle served as Associate Director for global consulting firm Protiviti's financial services risk and compliance advisory practice. Prior to that he served as Senior Financial Services Industry Consultant for Team G Capital, a boutique financial services consulting firm. LaChapelle previously held account management positions in institutional and consumer lending for financial institutions including Bank of America, MortgageIT (a subsidiary of Deutsche Bank) and GMAC Bank.
"Union Bank has built one of the best reputations in the financial services industry because of its focused risk management practices," said LaChapelle. "I'm excited to work with Mike and be a part of a team that's committed to doing the right thing for our clients, our community and our company."
LaChapelle earned a Bachelor of Science degree from the University of Wisconsin, Madison. He holds a certificate in operational risk management from the Risk Management Association, of which he is a member. He is also a member of the Association of Certified Anti-Money Laundering Specialists.
About MUFG Union Bank, N.A. As of June 30, 2018, MUFG Union Bank, N.A. operated 355 branches, comprised primarily of retail banking branches in the West Coast states, along with commercial branches in Texas, Illinois, New York and Georgia, as well as 22 PurePoint Financial Centers. We provide a wide spectrum of corporate, commercial and retail banking and wealth management solutions to meet the needs of customers. We also offer an extensive portfolio of value-added solutions for customers, including investment banking, personal and corporate trust, global custody, transaction banking, capital markets, and other services. With assets of $123.8 billion, as of June 30, 2018, MUFG Union Bank has strong capital reserves, credit ratings and capital ratios relative to peer banks. MUFG Union Bank is a proud member of the Mitsubishi UFJ Financial Group (NYSE: MUFG), one of the world's largest financial organizations with total assets of approximately ¥299.1 trillion (JPY) or $2.7 trillion (USD)¹, as of June 30, 2018. The corporate headquarters (principal executive office) for MUFG Americas Holdings Corporation, which is the financial holding company, and MUFG Union Bank, is in New York City. The main banking office of MUFG Union Bank is in San Francisco, California.
1 Exchange rate of 1 USD=¥110.5 (JPY) as of June 29, 2018