Hanmi Financial Corp. Nominates New Director
April 06 2009 - 4:05PM
Business Wire
Hanmi Financial Corporation (Nasdaq:HAFC), the holding
company of Hanmi Bank, announced that William J. Stolte has been
nominated to the Company's Board of Directors and to the Board of
Directors of Hanmi Bank. Mr. Stolte's appointment is subject to
regulatory approval.
Mr. Stolte, 62, began his career in 1968 with the U.S. Treasury
Department's Office of the Comptroller of the Currency (OCC), first
in New York, then in Washington, D.C., and subsequently (from 1988
to 1992) in San Francisco, where, as Deputy Comptroller of the
Western District, he was responsible for the regulatory supervision
of approximately 450 national banks. Following his tenure at the
OCC, Mr. Stolte served as a partner of Secura Group (since acquired
by LECG), and as a director in the San Francisco office of Deloitte
& Touche, LLP.
More recently, and until his retirement last December, Mr.
Stolte was for eight years a Senior Executive Vice President with
Union Bank of California in San Francisco, where he headed an
independent group responsible for evaluating the risk management
processes used to identify, monitor and control risks in the bank's
various business lines and support units. Mr. Stolte has a B.A. in
economics from Saint Ambrose University in Davenport, Iowa.
"I look forward to welcoming Mr. Stolte to the Bank," said Jay
S. Yoo, President and Chief Executive Officer. �With more than four
decades in the financial services industry, he will be an excellent
addition to Hanmi's Board of Directors. In addition to his deep
understanding of the OCC, he has extensive experience in regulatory
risk management, notably as it pertains to credit and compliance
issues."
Mr. Yoo further noted that Richard B.C. Lee has resigned from
Hanmi Financial Corporation's Board of Directors. �We thank Mr. Lee
for his many years of service to Hanmi and its shareholders," said
Mr. Yoo.
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 27 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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