Khoi D. Dang has been appointed to the board of directors for both CBB Bancorp, Inc. and its subsidiary bank, the Commonwealth Business Bank, as of the first of the year, according to a press release.
Dang's appointment was announced in December.
"We are excited to have Mr. Dang join our board," Soon Han Pak, board chair for both the company and bank, said in the release.
Dang's appointment comes as Alvin D. King, a bank board member of nine years and company board member for five years, announced his plans to retire from both positions at the end of 2022, the release stated.
According to the release, Dang has nearly two decades of experience in the banking and financial industry, having most recently acted as chief legal and administrative officer and corporate secretary for Southern California Bancorp and Bank of Southern California.
"His legal, financial institution regulation, risk management and financial services expertise will be an invaluable asset as the bank continues its growth and expansion," Pak said in the release. "Mr. Kang has been a valued member of our board for 10 years, helping to oversee our growth from $0.5 billion to $1.8 billion in assets."