Chung Hoon Youk Named Chief Executive Officer At Hanmi Bank.LOS ANGELES--(BUSINESS WIRE)--Oct. 21, 1999-- The Board of Directors of Hanmi Bank (OTC/BB:HNBK HNBK Hibernia National Bank ) announced today that Chung Hoon hoon Austral & NZ slang Noun a loutish youth who drives irresponsibly Verb to drive irresponsibly Youk has been named the bank's President and Chief Executive Officer. Mr. Youk, who has been with Hanmi for nine years, has served as interim CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. since July 7, 1999. "Mr. Youk has proven his management skills and banking expertise since joining Hanmi, and especially since early July," stated Joseph K. Rho, Chairman. "After a rigorous search process, it was apparent that his vast experience and obvious knowledge of Hanmi and the banking industry made him the clear choice for the job." "We will continue with renewed vigor to focus on growing the lending portfolio and deposit base, while giving our customers superior service and maximizing profits for our shareholders," stated Mr. Youk. " Hanmi is positioned to meet the new millennium with new vision. This calls for efforts and commitments from everyone, and I am confident that we will carry on our mission with one voice." Mr. Youk brings a strong background to Hanmi's management team. Prior to being named interim CEO, Youk was the bank's Chief Commercial Lending Officer. He also served as a branch manager for over nine years, both with Hanmi Bank and with California Korea Bank. Mr. Youk holds a Masters of Business Administration from the University of California at Berkeley (body, education) University of California at Berkeley - (UCB) See also Berzerkley, BSD. http://berkeley.edu/. Note to British and Commonwealth readers: that's /berk'lee/, not /bark'lee/ as in British Received Pronunciation. . Headquartered in Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. , Hanmi Bank is one of the leading banks providing services to the multi-ethnic communities of Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, . With $724 million in assets at September 30, 1999, the bank has nine full service offices in Los Angeles and Orange Counties and operates a loan production office in San Diego. Hanmi Bank is a business bank conducting a general community banking business, with its primary market encompassing multi-ethnic small business customers. The bank specializes in commercial, SBA SBA abbr. Small Business Administration Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government , trade finance, and consumer lending and is a recognized community leader serving the diverse communities throughout Southern California. The Bank's mission is to provide quality products and services to its customers and to maximize shareholder value. Editors Note: A picture of Mr. Youk is available on request. |
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