Former Senior Vice President Johannes (Johs) Worsoe, head of global markets, chairman and CEO of UnionBanc Investment Services, LLC, and chairman and CEO of UBOC Insurance Inc., has been promoted to executive vice president for Los Angeles-based Union Bank of California, N.A.
Worsoe, who has management of the bank’s global foreign exchange, global derivatives, individual retirement accounts (IRA) solutions and personal trust sales business activities, also heads, the bank’s wholly owned investment brokerage subsidiary, UnionBanc Investment Services LLC. Last spring, Worsoe took on the additional role of head of UBOC Insurance Inc. the parent organization for the bank’s insurance agencies, which includes Armstrong/Robitaille Inc., John Burnham & Company, Tanner Insurance Brokers Inc., and Knight Insurance.
Prior to joining Union Bank in March 2001, Worsoe spent six years at Imperial Bank in Los Angeles where he managed the international financial services division. From 1985-1991 Worsoe worked in various capital markets related positions in Denmark, Spain and California for the Scandinavian bank, Sydbank A/S and it’s wholly-owned California based subsidiary National Bank of Long Beach.
Topics California
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