STOCK TITAN

East West Bancorp Announces Executive Leadership Appointments

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
East West Bancorp, Inc. announces two key appointments to its executive leadership team.
Positive
  • Irene Oh assumes role of Executive Vice President and Chief Risk Officer, bringing extensive knowledge of the bank to lead risk management program.
  • Christopher Del Moral-Niles joins as Executive Vice President and Chief Financial Officer, bringing 30 years' experience in banking.
Negative
  • None.

PASADENA, Calif.--(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.

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

Source: East West Bancorp, Inc.

East-West Bancorp Inc

NASDAQ:EWBC

EWBC Rankings

EWBC Latest News

EWBC Stock Data

10.47B
138.45M
1.03%
92.18%
4.3%
Commercial Banking
Finance and Insurance
Link
United States of America
PASADENA

About EWBC

east west bancorp is a publicly owned company with $31.1 billion in assets and is traded on the nasdaq global select market under the symbol “ewbc”. the company’s wholly owned subsidiary, east west bank, is one of the largest independent banks headquartered in california. east west is a premier bank focused exclusively on the united states and greater china markets and operates over 130 locations on both sides of the pacific, including in the united states markets of california, georgia, nevada, new york, massachusetts, texas and washington. in greater china, east west’s presence includes full service branches in hong kong, shanghai, shantou and shenzhen, and representative offices in beijing, chongqing, guangzhou, taipei and xiamen. east west bank is one of the 25 largest public banks in the united states ranked by market capitalization. it was named in the top 15 of the “100 best banks in america” by forbes for five consecutive years from 2010 to 2014. as the premier ‘financial b