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Saehan Bancorp Announces Appointment of Dong Il Kim as President and Chief Executive Officer

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^{Published in Business and Finance on Wednesday, October 27th 2010 at 18:20 GMT by Market Wire}  

LOS ANGELES--([ BUSINESS WIRE ])--Saehan Bancorp (OTCBB:SAEB) today announced the appointment of Dong Il Kim as president and chief executive officer of Saehan Bank, subject to regulatory non-disapproval. Mr. Dong Il Kim will be succeeding Chung H. Youk who resigned as of effective October 22, 2010.

About Saehan Bancorp

Saehan Bancorp is a bank holding company with headquarters in Los Angeles, California. Its wholly owned subsidiary, Saehan Bank, offers a comprehensive range of financial solutions to meet the needs of the Korean-American community in Los Angeles. Saehan Bancorp is committed to satisfying customers and creating shareholder value. Its ten retail branch offices, International Department, SBA Department and Financial Services Department of Saehan Bank focus on fulfilling these commitments to customers and shareholders.

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