To expand customer relationships and cross selling, managing risk, controlling expenses, and improving profitability, in its community and commercial banking businesses in the US, UCBH Holdings is undertaking initiatives. In line with these initiatives, the bank has unveiled organizational restructure and leadership team changes.
Effective July 1, 2009, Doreen Ho has assumed leadership of Commercial Banking, in addition to her responsibilities for Community Banking.
Thomas Wu, Chairman, President, and CEO, UCBH, said: “Ms Ho is a seasoned banking veteran, who has made significant contributions to UCBH since joining the Company in January. She has a long track record of achieving bottom-line results and driving value for clients with over 35 years in banking, including a decade of senior-level experience at Wells Fargo, and commercial lending experience with Citibank.”
“We have complete confidence in her ability to lead both segments of our domestic banking business and leverage on our unique Greater China platform,” he added.
San Francisco-based UCBH Holdings is the holding company for United Commercial Bank, a state-chartered commercial bank, serving the Chinese communities and American companies doing business in Greater China. The bank offers commercial real estate and construction loans, commercial credit facilities, international trade finance, asset-based financing, cash management, and loans guaranteed by the US Small Business Administration.
