Hanmi Financial Corp. Appoints Chief Credit Officer

* Reuters is not responsible for the content in this press release.

Wed Aug 27, 2008 5:15pm EDT

LOS ANGELES--(Business Wire)--
Hanmi Financial Corporation (Nasdaq: HAFC), the holding company of
Hanmi Bank, announced that John Park has been appointed to the
position of executive vice president and chief credit officer.

   Park, with three decades' experience in various aspects of
commercial banking, joins Hanmi following almost four years as senior
vice president and chief credit officer at Cerritos, California-based
Gateway Business Bank, a provider of diverse services to small and
medium-sized businesses.

   He started his career in 1976 with the California State Banking
Department, where he spent more than four years as an examiner of
state-chartered banks in Southern California. Park then joined the
first of several Southern California community banks, where he
acquired first-hand experience in a number of areas, including
establishing and enforcing lending guidelines, evaluating a broad mix
of commercial and consumer credits, determining the adequacy of loan
loss reserves, overall credit monitoring, asset based lending, credit
workouts, special assets, and compliance.

   "I am extremely pleased to welcome John to the Bank's senior
management team," said Jay S. Yoo, Hanmi's president and chief
executive officer. "In addition to his expertise in credit and risk
analysis, he brings to Hanmi a thorough understanding of Southern
California's banking and business communities.

   "John's knowledge of banking procedures and his strong credit
background will be invaluable as Hanmi works to enhance its loan
origination and monitoring activities and improve the quality of its
loan portfolio. Equally important, given the increased scrutiny under
which financial institutions find themselves, will be his longstanding
familiarity with the requirements and expectations of regulators and
bank examiners."

   Park, 56, has a B.S. in accounting from California State
University, Long Beach.

   About Hanmi Financial Corporation:

   Headquartered in Los Angeles, Hanmi Bank, a wholly owned
subsidiary of Hanmi Financial Corporation, provides services to the
multi-ethnic communities of California, with 26 full-service offices
in Los Angeles, Orange, San Francisco, Santa Clara and San Diego
counties, and six loan production offices in Colorado, Georgia,
Illinois, Texas, Virginia and Washington. Hanmi Bank specializes in
commercial, SBA and trade finance lending, and is a recognized
community leader. Hanmi Bank's mission is to provide a full range of
quality products and premier services to its customers and to maximize
shareholder value. Additional information is available at
www.hanmifinancial.com.

Hanmi Financial Corporation
Stephanie Yoon, Investor Relations
213-351-9227

Copyright Business Wire 2008
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.