N@N

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

^{Published on 2010-10-27 18:20:50 - 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.

Safe Harbor Statement

This press release may contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from the projected, including descriptions of plans or objectives of its management for future operations, products or services, and forecasts of its revenues, earnings or other measures of economic performance.Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts.They often include the words abelieve,a aexpect,a aanticipate,a aintend,a aplan,a aestimate,a or words of similar meaning, or future or conditional verbs such as awill,a awould,a ashould,a acould,a or amay.a