In the company’s news yesterday,
UCBH Holdings, Inc. announced that it has appointed Ms. Doreen Woo Ho as President of Community Banking, effective January 8, 2009. In this role, Ms. Ho will lead the company’s strategic community banking initiatives for all of its domestic U.S. markets.
Thomas S. Wu, Chairman, President and Chief Executive Officer of UCBH Holdings, Inc., stated, “We are very pleased to have Ms. Ho join our executive management team in this key position,” said Thomas S. Wu, Chairman, President and Chief Executive Officer of UCBH Holdings, Inc. “With the strong and unique banking platform that we have built in the last couple of years, our goal for the coming years is to become a leader in each of our target markets in the U.S. where we operate, similar to what we have achieved in Northern California.”
He continued to say, “With Ms. Ho’s extensive banking experience, we believe that she can provide the strong leadership that is vital to achieving our objectives to expand customer relationships, improve customer profitability and increase market share. We look forward to Ms. Ho making significant contributions to UCB.”
Before joining UCBH, Ms. Ho served Wells Fargo & Company where she headed the company’s Consumer Credit Group, comprised of approximately 8,000 team members in multiple sites across the U.S., serving 3.5 million customers. Under her management, the consumer Credit Group, which consisted of a multibillion dollar portfolio of home equity, personal credit lines and loans, and student loans, became one of the fastest growing asset groups within the organization from 1998 to 2007.
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