MUFG Union Bank in San Francisco has named Michael Feldman as the new head of its wealth markets group.

Feldman will be based in Irvine, California and report to west coast president and head of retail banking and wealth markets, Tim Wennes.

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Feldman held the position of a managing director of retail banking at Countrywide Bank and president and CEO of Countrywide Investment Services before his stint at Union Bank.

In addition, he previously worked at Wells Fargo as its community banking president.

Additionally, David Wines has been appointed as the new president and CEO of HighMark Capital Management. He will be based in San Francisco and will report to Feldman.

Wines, who is a long-term member of HighMark’s leadership team, will take over this new role from Mooradian -who served as CEO.

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Apart from the new role, Wines will also continue in his existing role as HighMark’s chief fixed income officer.