East West Bancorp Announces Executive Leadership Appointments
October 02 2023 - 8:00AM
Business Wire
East West Bancorp, Inc. (“East West” or the “Company”) (Nasdaq:
EWBC), parent company of East West Bank, announced two key
appointments to its executive leadership team effective today.
With the retirement of the Company’s current Chief Risk Officer
(CRO), Irene Oh, previously East West’s Chief Financial Officer
(CFO), will assume the role of Executive Vice President and
CRO.
“I want to congratulate Irene on her planned succession as East
West’s Chief Risk Officer,” said Dominic Ng, Chairman and Chief
Executive Officer. “Her extensive knowledge of the bank will enable
her to play a critical role in leading and expanding our enterprise
risk management program,” Ng continued.
Oh remains a member of the Company’s executive leadership team
reporting to Ng. She joined East West in 2004 and was the Company’s
CFO for over 13 years.
Succeeding Oh is Christopher Del Moral-Niles, who joins East
West as the Company’s next Executive Vice President and Chief
Financial Officer. As CFO, Del Moral-Niles will also serve as a
member of the Company’s executive leadership team reporting to Ng
and will be based in Pasadena.
“Chris is a seasoned executive with diversified financial
services leadership experience,” said Ng. “His record of
achievement across finance functions and deep understanding of the
banking industry will help us sustain our high performance.”
Del Moral-Niles brings 30 years’ experience in banking. Most
recently, he served as the CFO for Associated Banc-Corp, a position
he held for a decade. Prior to Associated, Chris served as the
Corporate Treasurer for First American (FAF) and as President of
First American Trust. Before that, he served as a Senior Vice
President and Director of Liability Management for Union Bank.
Earlier in his career, Chris worked as an investment banker at both
Merrill Lynch and Lehman Brothers.
“These appointments further strengthen the breadth and depth of
East West’s management team,” stated Ng. “Their leadership will be
integral in advancing the Company’s risk management capabilities
and growth strategy.”
About East West
East West provides financial services that help customers reach
further and connect to new opportunities. East West Bancorp, Inc.
is a public company (Nasdaq: “EWBC”) with total assets of $68.5
billion as of June 30, 2023. The Company’s wholly-owned subsidiary,
East West Bank, is the largest independent bank headquartered in
Southern California, and operates over 120 locations in the United
States and Asia. The Bank’s markets in the United States include
California, Georgia, Illinois, Massachusetts, Nevada, New York,
Texas, and Washington. For more information on East West, visit
www.eastwestbank.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20231002295031/en/
Irene Oh Chief Risk Officer T: (626) 768-6360 E:
irene.oh@eastwestbank.com
Adrienne Atkinson Director of Investor Relations T: (626)
788-7536 E: adrienne.atkinson@eastwestbank.com
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