TITLE

Nara's Door Revolves Again As Yet Another CEO Departs

AUTHOR(S)
Kuehner-Hebert, Katie
PUB. DATE
February 2006
SOURCE
American Banker;2/17/2006, Vol. 171 Issue 33, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports on the resignation of Ho Yang as CEO of Nara Bancorp Inc. Some analysts speculated about the reason for the resignation in light of Benjamin Hong's acceptance of the CEO position of rival bank, Saehan Bancorp. Nara's bank subsidiary has been operating under a memorandum of understanding with the Federal Reserve Bank of San Francisco and the California Department of Financial Institutions. Analyst Scott Carmel thought Yang left because the competition was too strong.
ACCESSION #
19850212

 

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