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SVP/CHIEF FINANCIAL OFFICER
Mag Wangsuwana has served as Chief Financial Officer of First Choice Bank since May 2020 and previously, as Treasurer of First Choice Bank since September 2019, bringing over 23 years of financial services experience to the Company. As Chief Financial Officer of the Bank, Mr. Wangsuwana is responsible for managing First Choice’s financial planning, budgeting, forecasting, capital strategy, mergers and acquisitions strategy, the investment portfolio, and all corporate treasury activities, including liquidity and interest rate risk management and wholesale funding.
Mr. Wangsuwana joined First Choice from MUFG Union Bank, a diversified financial services holding company, where he held a variety of positions from March 2002 to August 2019, including most recently as a Director in Corporate Treasury focused on asset liability strategy and balance sheet management, and previously in corporate banking focused on financial planning & analysis, corporate real estate focused on strategy, investment management focused on structured securities, and in corporate development focused on mergers, acquisitions, and divestitures. Prior to joining MUFG Union Bank, Mag spent 5 years as an investment banker within the Financial Institutions Group at Lehman Brothers and Merrill Lynch and worked on several financial services‐related financing and merger transactions in New York, San Francisco, and Los Angeles. Mr. Wangsuwana graduated from the University of California at Berkeley, Haas School of Business with a B.S. degree in 1997. Mag also graduated from the Pacific Coast Banking School in 2006 and remains involved, serving in a variety of capacities, including as a BankSim instructor and more recently as an advisor and grader.