LOS ANGELES--()--Chinatrust Bank (U.S.A.) has announced that Edward K. Kim has been named Chief Lending Officer to oversee the bank’s Commercial Lending groups.
“Noor’s deep global experience and commitment to excellence, coupled with move of the bank’s headquarters to downtown Los Angeles this summer will provide an amazing platform to build business in the US.”
In his role, Mr. Kim reports to Noor Menai, President & CEO of Chinatrust Bank (U.S.A.). Mr. Kim most recently served as Executive Vice President, Commercial Lending Group at Cathay Bank.
“We are delighted to welcome Eddie to Chinatrust to play an important role to further build a quality and diverse portfolio, and to manage our commercial lending teams,” said Mr. Menai. “Eddie brings us quite a dynamic background in building impressive lending teams in number of key market groups and industry sectors. He is widely recognized as one of the top talents in the region and his appointment is yet another key step in our strategic plans towards expanding our customer base.”
“I’m excited about the opportunity to closely work with Noor Menai and his Chinatrust Bank team to grow an even stronger commercial lending operation,” said Mr. Kim. “Noor’s deep global experience and commitment to excellence, coupled with move of the bank’s headquarters to downtown Los Angeles this summer will provide an amazing platform to build business in the US.”
Prior to Cathay Bank, Mr. Kim served 10 years at U.S. Bank including from 2007-2010 as Executive Vice President and Market President, Los Angeles Commercial Banking Division, where he oversaw a portfolio of $1.4 billion in outstanding loans and deposits of $1.3 billion. As U.S. Bank’s Market President, he headed six commercial offices in Southern California and team of 72 professionals.
Previously, he served 13 years in several positions with Wells Fargo Bank, including Senior Vice President, South Bay Commercial Banking and Regional VP and VP, Loan Team Manager. He began his banking career at Barclays American Business Credit as a Marketing Officer and Auditor.
Mr. Kim holds a Bachelor’s degree in economics from University of California, Los Angeles.
In December 2012, as part of the bank’s new strategic plans, the board of directors of Chinatrust Bank (U.S.A.) announced Mr. Menai as its new President & CEO. As part of Mr. Menai’s new role, he has continued to oversee the North American operations for the parent bank, Chinatrust Commercial Bank.
About Chinatrust Commercial Bank
Chinatrust Commercial Bank (CTCB), Chinatrust Bank (U.S.A.’s) parent company, is one of the 200 biggest banks in the world in terms of capital and the largest privately held banking institution in Taiwan. Established in 1966, CTCB’s has 147 branches within Taiwan and 67 outlets in the US, Canada, Japan, India, Indonesia, the Philippines, Thailand, Vietnam, Hong Kong, Singapore and China. The bank’s operations include deposits, loans, guarantees, foreign exchange, offshore banking units (OBU), trusts, credit cards, cash cards, securities, bonds, futures, derivative financial products, factoring, safe deposit boxes, electronic banking services, and the national lottery.