People: Preferred Bank (PFBC.O)

PFBC.O on Nasdaq

26.31USD
19 Dec 2014
Price Change (% chg)

$0.43 (+1.66%)
Prev Close
$25.88
Open
$25.92
Day's High
$26.47
Day's Low
$25.78
Volume
55,249
Avg. Vol
33,217
52-wk High
$26.81
52-wk Low
$19.61

Search Stocks

Summary

Name Age Since Current Position

Li Yu

72 2012 Chairman of the Board, Chief Executive Officer

Wellington Chen

51 2012 President, Chief Operating Officer

Edward Czajka

48 2006 Chief Financial Officer, Senior Vice President

Lucilio Couto

38 2011 Executive Vice President, Chief Credit Officer

Frederick Denitz

2007 Executive Vice President

Thomas Lo

2007 Executive Vice President - Orange County

Nick Pi

52 2006 Executive Vice President and Group Manager

Robert Kosof

2010 Head - Commercial Lending and Regional Manager - West Los Angeles Operations

J. Richard Belliston

Director

William Cheng

Director

Clark Hsu

Director

Frank Lin

Director

Gary Nunnelly

Director

Albert Yu

68 2003 Director

Chih-Wei Wu

2012 Independent Director

Biographies

Name Description

Li Yu

Mr. Li Yu serves as Chairman of the Board, Chief Executive Officer of Preferred Bank. From December 1991 to the present, he has served as Chairman of Board of Directors. From 1987 to 1991, he was involved in several privately held companies of which he was the owner. From 1982 to 1987, he served as Chairman of the Board of California Pacific National Bank, which became a part of Bank of America. Mr. Yu received a Masters of Business Administration, or MBA, from the University of California, Los Angeles. He was also the past President of the National Association of Chinese American Bankers, and is currently a member of the Board of Visitors of UCLA’s Anderson Graduate School of Management.

Wellington Chen

Mr. Wellington Chen serves as President, Chief Operating Officer of Preferred Bank. He has been appointed as President of the Company, effective August 22, 2012. Prior to joining Preferred Bank, Mr. Chen was Executive Vice President and Director of Corporate Banking for East-West Bank in Pasadena, California where he oversaw a portion of the loan and deposit production activities. Prior to that, he was Senior Executive Vice President and a Director of Far East National Bank in Los Angeles.

Edward Czajka

Mr. Czajka has been Senior Vice president and Chief Financial Officer since 2006. Before joining Preferred Bank, Mr. Czajka was Chief Financial Officer of Presidio Bank, a San Francisco-based bank that was then in organization. In this capacity, he was responsible for overall operations implementation and all back office functions including information technology, human resources, accounting and branch operations. Prior to this, Mr. Czajka was Executive Vice President and Chief Financial Officer of North Valley Bancorp, a publiclytraded multi-bank holding company located in Redding, California. From 1994 through 2000, Mr. Czajka held the position of Vice President, Corporate Controller for Pacific Capital Bancorp in Santa Barbara, California.

Lucilio Couto

Mr. Lucilio M. Couto has been appointed as the Executive Vice President, Chief Credit Officer of Preferred Bank. He has previously served as a Senior Bank Examiner with the FDIC in their Los Angeles Office and was there for sixteen years. Prior to his arrival at Preferred Bank in July 2009, Louie served in senior management positions at two other Southern California financial institutions.

Frederick Denitz

Frederick B. Denitz is Executive Vice President of Preferred Bank. Mr. Denitz served as an Executive Vice President at Mellon 1st Business Bank, where he was also a member of the Bank's senior management committee.

Thomas Lo

Thomas Lo is Executive Vice President - Orange County of Preferred Bank. Mr. Lo will oversee Preferred Bank's existing branch and lending department in Irvine, California and work to expand Preferred Bank's branch network throughout Orange County. Prior to joining Preferred Bank, Mr. Lo served as a Senior Vice President at Bank of the West.

Nick Pi

Mr. Pi has been Preferred Bank's Executive Vice President and Group Manager since 2006 and Senior Vice President and Corporate Banking Officer from 2003 to 2006. Before joining Preferred Bank, Mr. Pi was the Senior Vice President and Commercial Real Estate Lending Team Leader of Chinatrust Bank (U.S.A.) from 2000 to 2003. Prior to this, he held various corporate titles from Assistant Vice President to Senior Vice President at Chinatrust bank (U.S.A.), mainly in the branch operation and lending fields from 1995 to 2000. His lending and credit experience also includes Grand Pacific Financing Corporation from 1989 to 1995, an affiliate of China Trust Group. Mr. Pi received a BA degree in Business School from NTU, Taiwan and a MBA degree from ESU.

Robert Kosof

Mr. Robert J. Kosof has been appointed as the Head - Commercial Lending and Regional Manager - West Los Angeles Operations of Preferred Bank. He served as the Executive Vice President, Chief Credit Officer of the company. Mr. Kosof brings over 40 years of banking experience in the greater Los Angeles area to his new position. Prior to joining Preferred Bank, Mr. Kosof was Executive Vice President/Chief Credit Officer at RP Reality Partners LLC. Earlier in his career, he held senior management positions at several banks including Bank Leumi USA, Olympic National Bank, Comerica Bank (formerly Imperial Bank), and Bank of America.

J. Richard Belliston

Mr. Belliston has been Vice Chairman and Chief Financial Officer of MoneyLine Lending Services since 2001, following the merger of Tokai Bank of California and Sanwa Bank. Previously, Mr. Belliston served as Vice Chairman and Chief Financial Officer of Tokai Bank of California. Mr. Belliston is a Certified Public Accountant and a member of the AICPA and California Society of CPA’s. Mr. Belliston received a Bachelors of Science degree from Brigham Young University.

William Cheng

Mr. Cheng has been President of H & C Industries, Inc. since 1974. H & C Industries is engaged in the export, import and distribution of chemical products. Mr. Cheng received a MBA Degree from USC and a Masters Degree in engineering systems from UCLA. Mr. Cheng was one of its founding shareholders.

Clark Hsu

Mr. Hsu has been President of Microtek Lab, Incorporated, a U.S. subsidiary of a Taiwanese publicly-traded company, since 2000. Microtek Lab specializes in the design, manufacture and distribution of digital imaging products for consumer and commercial applications. From 1999-2000, Mr. Hsu served as Vice-President, Special Projects for Microtek Lab and from 1997-1999 was the Director of Product Development and Marketing for Microtek Lab. Mr. Hsu received a Bachelors Degree form the University of Pennsylvania in 1992 and a MBA Degree from the UCLA Anderson School of Business in 1997.

Frank Lin

Mr. Lin has been President of Born Mark Management, a Real Estate Management & Investment Firm, since 1987, as well as President of New Century BMW, Inc. since 1991. Born Mark Management is actively involved in real estate investments in California and in the Far East. Mr. Lin received a Bachelors Degree from TamKang University, in Taiwan in 1982 and a Masters Degree, Computer Science from Villanova University in Pennsylvania in 1988.

Gary Nunnelly

Mr. Nunnelly has been President of American Thermoform Corporation, a company engaged in the import and manufacture of equipment and supplies for the visually impaired, since 1985. He spent several years at Union Bank during the earlier stage of his career. Mr. Nunnelly received a Bachelors of Science Degree in accounting from USC. Mr. Nunnelly was one of Preferred Bank’s founding shareholders and one of Preferred Bank’s initial directors.

Albert Yu

Dr. Yu has been active investing and nurturing high technology companies since his retirement from Intel Corporation in 2002 after almost 30 years. Dr. Yu had been Senior Vice President, Member of the Corporate Management Committee and General Manager of the heart of Intel’s business: microprocessors, chipsets, boards and software for over sixteen years. Dr. Yu received his Bachelors Degree from California Institute of Technology and his Master’s and Doctorate Degrees from Stanford University, all in electrical engineering. Dr. Yu was one of our founding shareholders. Dr. Yu was a member of our board of directors for the first year after our founding and returned to our board of directors in 2003.

Chih-Wei Wu

Mr. Chih-Wei Wu is the Independent Director of Preferred Bank. Mr. Wu was most recently CEO of Taiwan Operations for Credit Suisse Bank, a post he held from 2008 to 2012. Prior to that, he was Executive Chairman of Standard Chartered Bank, Taiwan and earlier, he served as President and CEO of Hinschu International Bank from 1996 to 2007.
Search Stocks