BBCN Mourns Loss of Honorary Chairman Ki Suh Park

  BBCN Mourns Loss of Honorary Chairman Ki Suh Park

Business Wire

LOS ANGELES -- January 17, 2013

With profound sadness, BBCN Bancorp, Inc. (NASDAQ:BBCN) today announced the
passing of Honorary Chairman Ki Suh Park, who died peacefully at home
yesterday at the age of 80, after a spirited battle with cancer. He had served
as a member of the board of directors of BBCN Bancorp, Inc. (formerly Nara
Bancorp, Inc.) since 2001 and was a member of the Nomination and Governance
Committee and the Executive Committee. The company said his seat on the Board
of Directors would not be filled, reducing the membership to 12.

“Chairman Park will be sadly missed by all of us at BBCN,” said Kevin S. Kim,
Chairman of the Board. “He was an integral participant in the transformational
establishment of the company as the premier Korean-American bank in the
nation. In addition, Chairman Park will be remembered for his distinguished
career and success as an architect and city planner. His legacy will remain a
source of inspiration for generations of Korean-Americans. Our thoughts and
deepest sympathies are with his wife, three sons and all other members of his
family.”

Honorary Chairman Park immigrated to the United Sates in the early 1950s and
is highly regarded as a successful architect and city planner with 50 years of
professional experience. From 1981 to 2011, he served as Chief Executive
Officer of Los Angeles-based Gruen Associates, a global architecture,
planning, and interior design firm. During his illustrious career, Honorary
Chairman Park was responsible for many large-scale landmark building and
transportation projects throughout the United States and overseas in Korea,
Vietnam, Indonesia, Canada, Mexico and Germany. In 2000, he received a
Presidential Design Award from President Bill Clinton for his work on the I-70
Highway through the scenic Glenwood Canyon in Colorado. Honorary Chairman Park
is also well respected as a community leader and has been active on numerous
community-based, non-profit boards, including the Harvard-Westlake School, the
Korean American Coalition (Chairman), the Korean American Museum (Chairman),
the California Community Foundation, the Public Policy Institute of
California, the Los Angeles County Natural History Museum, and the Los Angeles
World Affairs Council. In 1996, he received a Korean Broadcasting System (KBS)
Award in recognition for his significant worldwide contribution to the arts,
business and industry.

After briefly attending Seoul National University Law School, Honorary
Chairman Park received a Bachelor of Arts degree from the University of
California, Berkeley. He continued his education earning two post-graduate
degrees, including a Master in Architecture and a Master in City Planning from
Massachusetts Institute of Technology.

About BBCN Bancorp, Inc.

BBCN Bancorp, Inc. is the parent company of BBCN Bank, the largest
Korean-American bank in the nation with $5.3 billion in assets as of September
30, 2012. The Company is a result of the merger of equals of Nara Bancorp,
Inc. and Center Financial Corporation completed on November 30, 2011.
Headquartered in Los Angeles and serving a diverse mix of customers mirroring
its communities, BBCN operates 40 branches in California, New York, New
Jersey, Washington and Illinois, along with five loan production offices in
Seattle, Denver, Dallas, Atlanta and Northern California. BBCN specializes in
core business banking products for small and medium-sized businesses, with an
emphasis in commercial real estate and business lending, SBA lending and
international trade financing. BBCN Bank is a California-chartered bank and
its deposits are insured by the FDIC to the extent provided by law. BBCN is an
Equal Opportunity Lender.

Contact:

BBCN Bancorp, Inc.
Angie Yang
SVP, Investor Relations
213-251-2219
angie.yang@BBCNbank.com
 
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