Hanmi Financial Corp. Appoints Jack Hall to Its Board of Directors
February 05 2009 - 4:05PM
Business Wire
Hanmi Financial Corporation (Nasdaq:HAFC), the holding
company of Hanmi Bank, announced that John A. (Jack) Hall has been
appointed to the Company's Board of Directors and to the Board of
Directors of Hanmi Bank.
Until his retirement in 2005, Mr. Hall, 59, spent more than
three decades with the Office of the Comptroller of the Currency
(OCC), a division of the U.S. Treasury Department. He received his
commission as a National Bank Examiner in 1979 and eventually
served as Examiner-in-Charge of many of the nation�s premier banks,
including Union Bank of California, First Interstate Bancorp, Fleet
Boston, and Treasury Bank in Los Angeles, Countrywide�s national
bank subsidiary. Mr. Hall, who has a B.A. from the University of
Iowa, also served as the lead examiner for credit for Wells Fargo
Bank.
"I am pleased to welcome Mr. Hall to the Board," said Jay S.
Yoo, President and Chief Executive Officer. �His longstanding
familiarity with the financial services industry, including the
requirements and expectations of bank regulators, will be
especially valuable as Hanmi addresses the challenges of the
current recession. He brings a deep and well-rounded knowledge of
risk-management issues, particularly on matters concerning internal
audits, compliance, and credit management.�
Mr. Yoo also mentioned with appreciation the service of Robert
Abeles, who effective January 31, 2009 resigned from Hanmi
Financial Corporation's Board of Directors, as well as from the
Board of Directors of Hanmi Bank. Among the considerations cited by
Mr. Abeles in announcing his resignation was his recent return to
full-time employment.
About Hanmi Financial
Corporation:
Headquartered in Los Angeles, Hanmi Bank, a wholly owned
subsidiary of Hanmi Financial Corporation, provides services to the
multi-ethnic communities of California, with 26 full-service
offices in Los Angeles, Orange, San Francisco, Santa Clara and San
Diego counties, and six loan production offices in Colorado,
Georgia, Illinois, Texas, Virginia and Washington. Hanmi Bank
specializes in commercial, SBA and trade finance lending, and is a
recognized community leader. Hanmi Bank�s mission is to provide a
full range of quality products and premier services to its
customers and to maximize shareholder value. Additional information
is available at www.hanmifinancial.com.
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