Cathay General Bancorp (CATY) in Los Angeles has announced a number of executive changes.
The $11 billion-asset company appointed Irwin Wong to the newly created position of senior executive vice president and chief retail administration and regulatory affairs officer, according to a filing with the Securities and Exchange Commission on Tuesday. Wong previously served as Cathay's chief risk officer.
Replacing Wong as chief risk officer is Kim Bingham, who had served as Cathay's chief credit officer. That role will be filled by Donald Chow, who joined the company as a consultant in August.
All executive changes will take effect Jan. 1.