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CBB Bancorp Announces Appointment of Alex Ko as Chief Operating Officer

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CBB Bancorp (OTCQX: CBBI) has announced the appointment of Alex Ko as Executive Vice President and Chief Operating Officer, effective January 2, 2025. Ko brings over 27 years of banking and finance experience, including his previous role as Senior EVP and CFO at Bank of Hope, where he led strategic growth, operational improvements, and M&A initiatives. He also has 12 years of experience at KPMG providing audit and advisory services to financial institutions.

CBB Bancorp operates as CBB Bank with eleven full-service banking offices across Los Angeles and Orange Counties in California, Dallas County in Texas, and Honolulu, Hawaii. The bank also maintains two SBA regional offices and loan production offices in Georgia and Washington, specializing in loans to small-to-medium-sized businesses.

CBB Bancorp (OTCQX: CBBI) ha annunciato la nomina di Alex Ko a Vice Presidente Esecutivo e Direttore Operativo, con effetto dal 2 gennaio 2025. Ko porta con sé oltre 27 anni di esperienza nel settore bancario e finanziario, inclusa la sua precedente posizione di Senior EVP e CFO presso Bank of Hope, dove ha guidato la crescita strategica, il miglioramento operativo e le iniziative di fusione e acquisizione. Ha anche 12 anni di esperienza presso KPMG, fornendo servizi di audit e consulenza a istituzioni finanziarie.

CBB Bancorp opera come CBB Bank con undici filiali bancarie full-service nelle contee di Los Angeles e Orange in California, nella contea di Dallas in Texas e a Honolulu, Hawaii. La banca mantiene anche due uffici regionali SBA e uffici di produzione prestiti in Georgia e Washington, specializzandosi in prestiti per piccole e medie imprese.

CBB Bancorp (OTCQX: CBBI) ha anunciado el nombramiento de Alex Ko como Vicepresidente Ejecutivo y Director de Operaciones, efectivo a partir del 2 de enero de 2025. Ko aporta más de 27 años de experiencia en banca y finanzas, incluyendo su papel anterior como Senior EVP y CFO en Bank of Hope, donde lideró el crecimiento estratégico, mejoras operativas e iniciativas de fusiones y adquisiciones. También tiene 12 años de experiencia en KPMG proporcionando servicios de auditoría y asesoramiento a instituciones financieras.

CBB Bancorp opera como CBB Bank con once oficinas bancarias de servicio completo en los condados de Los Ángeles y Orange en California, el condado de Dallas en Texas y Honolulu, Hawái. El banco también mantiene dos oficinas regionales de la SBA y oficinas de producción de préstamos en Georgia y Washington, especializándose en préstamos para pequeñas y medianas empresas.

CBB Bancorp (OTCQX: CBBI)는 Alex Ko를 2025년 1월 2일부터 부사장 겸 COO로 임명한다고 발표했습니다. Ko는 27년 이상의 은행 및 금융 경험을 보유하고 있으며, 이전에는 Bank of Hope에서 선임 EVP와 CFO로 일하며 전략적 성장, 운영 개선 및 M&A 이니셔티브를 이끌었습니다. 또한 KPMG에서 12년간 금융 기관에 대한 감사 및 자문 서비스를 제공한 경험이 있습니다.

CBB Bancorp는 캘리포니아의 로스앤젤레스 및 오렌지 카운티, 텍사스의 댈러스 카운티, 하와이의 호놀룰루에 걸쳐 11개의 풀 서비스 은행 사무소를 두고 CBB Bank로 운영됩니다. 이 은행은 또한 조지아주와 워싱턴주에 두 개의 SBA 지역 사무소와 대출 생산 사무소를 두고 있으며, 중소기업 대출을 전문으로 하고 있습니다.

CBB Bancorp (OTCQX: CBBI) a annoncé la nomination de Alex Ko au poste de Vice-Président Exécutif et Directeur des Opérations, à compter du 2 janvier 2025. Ko cumule plus de 27 ans d'expérience dans le secteur bancaire et financier, y compris son ancien poste de Senior EVP et CFO à la Bank of Hope, où il a dirigé la croissance stratégique, les améliorations opérationnelles et les initiatives de fusions et acquisitions. Il dispose également de 12 ans d'expérience chez KPMG, où il a fourni des services d'audit et de conseil aux institutions financières.

CBB Bancorp opère sous le nom de CBB Bank avec onze agences bancaires à service complet réparties dans les comtés de Los Angeles et Orange en Californie, le comté de Dallas au Texas et à Honolulu, Hawaï. La banque dispose également de deux bureaux régionaux SBA et d'agences de production de prêts en Géorgie et à Washington, spécialisées dans les prêts aux petites et moyennes entreprises.

CBB Bancorp (OTCQX: CBBI) hat die Ernennung von Alex Ko zum Executive Vice President und Chief Operating Officer zum 2. Januar 2025 bekannt gegeben. Ko bringt über 27 Jahre Erfahrung im Bank- und Finanzwesen mit, darunter seine vorherige Rolle als Senior EVP und CFO bei Bank of Hope, wo er strategisches Wachstum, betriebliche Verbesserungen und M&A-Initiativen leitete. Außerdem hat er 12 Jahre Erfahrung bei KPMG, wo er Prüfungs- und Beratungsleistungen für Finanzinstitute erbrachte.

CBB Bancorp agiert unter CBB Bank mit elf vollwertigen Bankfilialen in den Landkreisen Los Angeles und Orange in Kalifornien, im Dallas County in Texas und in Honolulu, Hawaii. Die Bank unterhält zudem zwei regionale SBA-Büros und Krediteinheiten in Georgia und Washington, die sich auf Kredite für kleine und mittelständische Unternehmen spezialisiert haben.

Positive
  • Appointment of seasoned executive with 27 years of banking experience
  • New COO brings significant M&A and strategic growth expertise
  • Addition of former Bank of Hope Senior EVP strengthens executive team
Negative
  • None.

LOS ANGELES--(BUSINESS WIRE)-- CBB Bancorp, Inc. (“CBB” or the “Company”) (OTCQX: CBBI), the parent company of Commonwealth Business Bank (the “Bank”), announced the appointment of Alex Ko as Executive Vice President and Chief Operating Officer, effective January 2, 2025.

Mr. Ko brings over 27 years of experience in banking and finance, including leadership roles as Senior EVP and CFO of Bank of Hope, where he led strategic growth, operational improvements, and M&A initiatives. He also spent 12 years at KPMG providing audit and advisory services to financial institutions.

“We are pleased to welcome Mr. Ko to our executive team,” said James Hong, President and CEO of CBB Bank. “His extensive expertise in banking and finance, combined with his proven leadership in driving operational improvements and strategic growth, will play a vital role in advancing our organizational goals and long-term success.”

About CBB Bancorp, Inc.:

CBB Bancorp, Inc. is the holding company of Commonwealth Business Bank, a full-service commercial bank which specializes in loans to small-to medium-sized businesses and does business as “CBB Bank.” The Bank has eleven full-service banking offices in Los Angeles and Orange Counties in California, Dallas County in Texas and Honolulu, Hawaii; two SBA regional offices in Los Angeles and Dallas Counties; and loan production offices in Georgia and Washington.

For additional information, please go to www.cbb-bank.com.

Richard Koh, EVP & CFO

323-988-3037

RichardK@cbb-bank.com

Source: CBB Bancorp, Inc.

FAQ

When will Alex Ko start as COO of CBB Bancorp (CBBI)?

Alex Ko will start as Executive Vice President and Chief Operating Officer of CBB Bancorp on January 2, 2025.

What is Alex Ko's previous experience before joining CBB Bancorp (CBBI)?

Alex Ko previously served as Senior EVP and CFO of Bank of Hope, and spent 12 years at KPMG providing audit and advisory services to financial institutions, totaling over 27 years of banking and finance experience.

How many banking offices does CBB Bancorp (CBBI) currently operate?

CBB Bancorp operates eleven full-service banking offices across Los Angeles and Orange Counties in California, Dallas County in Texas, and Honolulu, Hawaii.

What are the main business areas of CBB Bancorp (CBBI)?

CBB Bancorp specializes in loans to small-to-medium-sized businesses and operates full-service banking offices, SBA regional offices, and loan production offices across multiple states.

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