Hanmi Financial Corporation (NASDAQ: HAFC) has appointed Christine P. Ball to its Board of Directors, effective March 1, 2025. With the addition of Ms. Ball, the total number of Hanmi Board directors now stands at eleven. Ms. Ball brings over 20 years of banking experience to the Board, having previously served in leadership roles at City National Bank, Wells Fargo Bank, and Wachovia Bank.
Ms. Ball's appointment is particularly significant as she joins the Risk, Compliance, and Planning Committee of the Company, as well as the Loan and Credit Policy Committee and Asset Liability Management Committee of Hanmi Bank. Her expertise in credit and risk management is expected to be valuable as the company continues to strengthen its commitment to sound financial stewardship and long-term growth.
Hanmi Financial Corporation, headquartered in Los Angeles, California, owns Hanmi Bank, which operates through its network of 32 full-service branches, five loan production offices, and three loan centers across several states including California, Colorado, Georgia, Illinois, New Jersey, New York, Texas, Virginia, and Washington. The bank specializes in real estate, commercial, Small Business Administration (SBA), and trade finance lending to small and middle market businesses.
The company's investor contacts, Romolo (Ron) Santarosa and Lisa Fortuna, can be reached at 213-427-5636 and 310-622-8251 respectively. For media inquiries, Juanita Gutierrez, Vice President at Financial Profiles, Inc., can be contacted at 310-622-8235.
For more information about Hanmi Financial Corporation and its subsidiary, Hanmi Bank, visit their website at www.hanmi.com. The market has reacted to these announcements by moving the company's shares -3.5% to a price of $23.01. Check out the company's full 8-K submission here.
