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CalPrivate Bank

Directors & Executive Officers

Mag Wangsuwana

EVP | Chief Financial Officer

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Mag Wangsuwana joined CalPrivate Bank as Chief Financial Officer in August 2021 and brings over 25 years of financial services experience to the Company.
Precedingly, Mr. Wangsuwana most recently served as Chief Financial Officer of First Choice Bank since May 2020 and up until its sale to Enterprise Bank & Trust which closed in July 2021, and previously as the Bank’s Treasurer since September 2019. Prior to that, Mr. Wangsuwana spent 17 years at MUFG Union Bank, a diversified international financial services holding company, where he held a variety of positions from March 2002 to August 2019, including 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.
In his free time, Mag enjoys spending time with his family and is a Den Leader in the Boy Scouts.