David Morris, interim CEO and president, has been named president and CEO of RBB Bancorp, effective immediately. Morris will also join the company’s board of directors and continue in his role as chief financial officer. The company also announced that Shalom Chang, currently SVP and controller at the company, will assume the role of chief accounting officer, effective immediately.
“After conducting a thorough search, it was clear that David’s familiarity with RBB, leadership these past eight months, and 35 years of community banking experience make him the best person to lead Royal Business Bank as chief executive officer,” Dr. James Kao, chairman of the board of RBB Bancorp, said. “David also understands the factors that will contribute to RBB’s continued success: high ethical standards, commitment to our customers and our communities, and the importance of maintaining an outstanding workplace for all our employees. David will spearhead our efforts to hire a president who is well-respected and familiar with our business strategy and the communities we serve.”
Morris was appointed interim president and chief executive officer on Feb. 22, after having joined the company in 2010 as chief financial officer, with responsibility for the company’s finance, treasury, information technology and operations functions. Prior to joining the company, Morris worked as an executive at a number of other Southern California community banks.
“I appreciate the board’s confidence in me, and look forward to continuing to build shareholder value at Royal Business Bank,” Morris said. “We have a talented and experienced team which we expect to expand with a Controller and a President who can strengthen our presence in the Asian-American community.”
