BBCN Bancorp (BBCN) in Los Angeles has hired a senior manager at HSBC to become its first chief retail banking officer.
Cha Yong Park will join the $6.3 billion-asset company on Jan. 2. Park, 56, is senior area manager at HSBC Bank USA and HSBC Securities, where she oversees traditional banking and brokerage operations for HSBC's southern California network. Her background includes 27 years at Bank of America (BAC).
"We are very pleased to have attracted an experienced banker of the caliber of Cha Park to our organization," Kevin Kim, BBCN's chairman and chief executive, said in a press release. "Park's extensive experience in retail banking, premier banking, investments and brokerage services complements our executive leadership team."
Kim succeeded Alvin Kang as BBCN's CEO in March, and the company hired a chief operating officer in July. Last month, BBCN hired a former executive from Saehan Bancorp, Daniel Kim, to become its chief planning officer.