Wells Fargo & Company (NYSE: WFC) today announced the promotion of Magdalen “Maggie” Mui to the position of Regional Director of Diverse Segments. In this newly created position, Mui will be responsible for developing strategies to grow the region’s footprint with diverse segments, with a focus on the Asian community. Mui is a 22-year-veteran of Wells Fargo, having most recently served as Senior Vice President of the Community Bank for the San Francisco market.

“Wells Fargo is deeply committed to building business practices that address the needs of diverse segments like the Asian community, which has such a vibrant presence in San Francisco,” said Michael Billeci, Executive Vice President of Wells Fargo’s San Francisco Bay Region. “Maggie is a celebrated team member and ambassador for our company. Her strategic agility coupled with her deep ties in the community makes her the perfect leader for this role.”

An active leader in the Asian community, Mui’s established relationships with various business organizations and key civic leaders will play a key role in supporting her efforts. In her new position, Mui will have responsibility to grow market share across diverse segments in the San Francisco Bay Area, and she will work cross-functionally to develop strategies and identify opportunities that address specific needs.

Mui is a well-regarded civic leader and recognized among friends and colleagues for her contributions in the community. She currently sits on the Board of Directors at the San Francisco General Hospital Foundation, the Asian Business League of San Francisco and the Chinese Culture Foundation.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.2 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, the Internet (wellsfargo.com and wachovia.com), and other distribution channels across North America and internationally. With approximately 280,000 team members, Wells Fargo serves one in three households in America. Wells Fargo & Company was ranked No. 23 on Fortune’s 2011 rankings of America’s largest corporations. Wells Fargo’s vision is to satisfy all our customers’ financial needs and help them succeed financially.

Courtesy: Wells Fargo