C-Level: Yoo To Fill In As CFO At Center Financial
May 26, 2010 (FinancialWire) — Center Financial Corp. (NASDAQ: CLFC) said that Lonny D. Robinson has resigned as executive vice president and chief financial officer, effective at the close of business May 27. Company president and CEO Jae Whan Yoo will oversee the responsibilities of the CFO position until a permanent successor is appointed.
The company said it has launched an active search for a permanent successor.
California-based Center Financial is the holding company of Center Bank, a community bank offering a range of financial services focusing on the Korean-American community.
The bank was founded in 1986 to specialize in commercial and SBA lending and trade finance products.
Center Bank operates a total of 23 full-service branches and one loan production office. The company has 17 full-service branches located throughout Southern California and three branches in Northern California. Center Bank also operates two branches and one loan production office in the Seattle area, along with one branch in Chicago.
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