Peter Wu, chief operating officer and a founder of GBC Bancorp, Los Angeles, and its General Bank, has also become their president.

He succeeded Li-Pei Wu, who remains chairman and chief executive officer. The two men are not related.

GBC Bancorp, established in 1979, has $1.5 billion of assets, 16 branches in California, and two loan production offices, in Seattle and New York.

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