Wilshire Bancorp Inc. of Los Angeles said late Friday that it had hired Jae Whan Yoo, who resigned abruptly from Center Financial Corp. of Los Angeles in January, as president and chief executive.

Yoo succeeded Joanne Kim, who resigned from the $3 billion-asset Wilshire. Analysts were closely watching Yoo, knowing he would be highly sought given his 35-year career in Korean-American banking. Yoo will also serve as a Wilshire director.

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