American Pacific appoints Chen president, chief executive officer.

David T. Chen has been appointed president and chief executive officer of American Pacific Bank, Portland, Ore.

From March 1990 to December 1991, Mr. Chen was associate administrator of Farmers Home Administration, Washington.

Mr. Chen was state director of the Farmers Home Administration for Oregon from 1986 to 1990. Earlier, he held financial management positions with several public entities.

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