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Honorary Chairman's Retirement Announcement at Hope Bancorp

Hope Bancorp, Inc. (HOPE) | August 29, 2025

By Uma Mitchell

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Hope Bancorp, Inc. announces the retirement of Steven S. Koh, Honorary Chairman and Board member.

Steven S. Koh served for 40 years, contributing to the creation and growth of the first Korean American regional bank in the U.S.

Chairman Koh expresses gratitude and confidence in the Company's future under new leadership.

Steven S. Koh's Retirement

Steven S. Koh retires as Honorary Chairman and Board member effective December 31, 2025.

Legacy and Contribution

Koh played a key role in the merger that formed Hope Bancorp and Wilshire Bancorp, Inc.

Philanthropic Focus

After retirement, Koh plans to dedicate more time to philanthropy efforts.

  • Hope Bancorp, Inc. acknowledges Chairman Koh's significant contributions and leadership over the years.
  • The retirement marks a transition in leadership at Hope Bancorp, with a focus on continuity and future growth.

The retirement of Steven S. Koh marks the end of an era at Hope Bancorp, with a legacy of pioneering Korean American banking in the U.S. and a commitment to community involvement.