The executive carousel keeps turning among Korean-American banks.
BBCN Bancorp (BBCN) in Los Angeles has hired Daniel Kim as its chief planning officer, effective Nov. 25. Kim, 46, will handle the $6.3 billion-asset company’s strategic planning department, which was created earlier this year, and will advise on acquisitions, revenue diversification and capital management.
Kim is chief financial officer, corporate secretary and acting president at Saehan Bancorp, which is in the process of selling itself to Wilshire Bancorp (WIBC). Kim joined Saehan in 2003 from Pacific Union Bank, where he was manager of the accounting, corporate planning and investment departments.
"Daniel Kim is highly regarded in the [Korean-American] community for his strong analytical and interpersonal skills," Kevin Kim, BBCN's chairman and chief executive, said in a press release. "We expect his extensive experience with oversight of many operational areas of banking will be of tremendous value to BBCN as we make progress enhancing BBCN's position as the premier Korean-American bank in the nation."