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{{short description|American banker (born 1959)}}
{{short description|American banker (born 1959)}}
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{{family name hatnote|[[Ng (surname)|Ng]]|lang=Chinese}}
{{family name hatnote|[[Ng (surname)|Ng]]|lang=Chinese}}
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| birth_date = {{birth year and age|1959}}
| birth_date = {{birth year and age|1959}}
| birth_place = [[British Hong Kong|Hong Kong]]
| birth_place = [[British Hong Kong|Hong Kong]]
| occupation = Chairman, President and CEO, [[East West Bank]]
| occupation = Chairman, president and CEO, [[East West Bank]]
| alma mater = [[University of Houston]]
| alma mater = [[University of Houston]]
}}
}}


'''Dominic Ng''' ({{zh|s=吴建民|t=吳建民|p=Wú Jiànmín}}) is an American banker who has been [[chairman]], president and [[CEO]] of Los Angeles–based [[East West Bank]] since 1991, overseeing its growth from a [[savings and loan association]] with $600 million in assets to a full-service [[commercial bank]] with $62.6 billion in assets.<ref>{{cite web |last= |first= |date=2022-10-20 |title=East West Bancorp Reports Net Income for Third Quarter 2022 of $295 Million and Diluted Earnings Per Share of $2.08; Record Net Interest Income of $552 Million |url=https://www.businesswire.com/news/home/20221020005010/en/East-West-Bancorp-Reports-Net-Income-for-Third-Quarter-2022-of-295-Million-and-Diluted-Earnings-Per-Share-of-2.08-Record-Net-Interest-Income-of-552-Million |archive-url= |archive-date= |access-date= |website=BusinessWire |language=en}}</ref>
'''Dominic Ng''' ({{zh|s=吴建民|t=吳建民|p=Wú Jiànmín}}) is an American banker who is [[Chairman]], President and [[CEO]] of [[East West Bank]] in California.


Ng served on the board of directors of the [[Federal Reserve Bank of San Francisco, Los Angeles Branch]], from 2005 to 2011 and was appointed by the [[Biden administration]] to be a U.S. member of the [[Asia-Pacific Economic Cooperation#APEC Business Advisory Council|Asia-Pacific Economic Cooperation Business Advisory Council]] in 2022.<ref name="APEC BAC" />
Ng joined [[East West Bank]] when it was a small [[savings and loan association]] with $600 million in assets in 1991. As of September 30, 2022 East West Bank had become a full-service [[commercial bank]] with total assets of $62.6 billion.<ref>{{cite web |last= |first= |date=2022-10-20 |title=East West Bancorp Reports Net Income for Third Quarter 2022 of $295 Million and Diluted Earnings Per Share of $2.08; Record Net Interest Income of $552 Million |url=https://www.businesswire.com/news/home/20221020005010/en/East-West-Bancorp-Reports-Net-Income-for-Third-Quarter-2022-of-295-Million-and-Diluted-Earnings-Per-Share-of-2.08-Record-Net-Interest-Income-of-552-Million |archive-url= |archive-date= |access-date= |website=BusinessWire |language=en}}</ref>


==Early life and education==
==Early life and education==
Ng was born in [[British Hong Kong|Hong Kong]] in 1959.<ref name="nndb_ng">{{cite web|url=http://www.nndb.com/people/398/000169888/ |title= Dominic Ng nndb.com |accessdate=25 May 2017}}</ref>
Ng was born in [[British Hong Kong|Hong Kong]] in 1959<ref name="nndb_ng">{{cite web|url=http://www.nndb.com/people/398/000169888/ |title= Dominic Ng nndb.com |accessdate=25 May 2017}}</ref> and earned a bachelor's degree from the [[University of Houston]].{{cn|date=February 2023}}

Ng holds a bachelor's degree from the [[University of Houston]].{{cn|date=February 2023}}


==Career==
==Career==
Ng spent ten years as a [[Certified Public Accountant]] with [[Deloitte]] & Touche in [[Houston]] and [[Los Angeles]].<ref>[http://investing.businessweek.com/research/stocks/people/person.asp?personId=396682&ticker=EWBC:US "East West Bancorp Inc (EWBC:NASDAQ GS)"], ''Bloomberg Businessweek'', July 2, 2012</ref>
Ng spent ten years as a [[Certified Public Accountant]] with [[Deloitte]] & Touche in [[Houston]] and [[Los Angeles]].<ref>[http://investing.businessweek.com/research/stocks/people/person.asp?personId=396682&ticker=EWBC:US "East West Bancorp Inc (EWBC:NASDAQ GS)"], ''Bloomberg Businessweek'', July 2, 2012</ref>


In 1991, Ng joined East West Bank. Ng is the chairman, President and [[CEO]] of East West Bancorp, Inc. and [[East West Bank]], headquartered in [[Pasadena, California]].<ref>{{cite web|url=http://investor.eastwestbank.com/od.aspx?iid=4040606| title=investor.eastwestbank.com |accessdate= Dec 2, 2016}}</ref>
In 1991, Ng was hired by [[Pasadena]]-based East West Bank to be its third chairman, president and [[CEO]].<ref>{{cite web|url=http://investor.eastwestbank.com/od.aspx?iid=4040606| title=investor.eastwestbank.com |accessdate= Dec 2, 2016}}</ref>

Ng currently serves on the board of [[Mattel]],<ref>[http://corporate.mattel.com/about-us/bios.aspx "Mattel: Committees and Charters"]</ref> Inc. (NYSE: MAT) . In addition, he is on the board of trustees at the University of Southern California<ref>[http://news.usc.edu/69134/east-west-bank-chairman-dominic-ng-named-usc-trustee/ “East West Bank chairman Dominic Ng named USC trustee”], “USC News, University of Southern California ”</ref> and the Academy Museum of Motion Pictures.<ref>{{Cite web|url=https://variety.com/2018/film/news/academy-museum-renzo-piano-1202754387/|title=Academy Brings Architect Renzo Piano to N.Y. to Tout Movie Museum Plans|website=variety.com|date=16 April 2018}}</ref>

From 2005 to 2011, he served on the board of directors of the [[Federal Reserve Bank of San Francisco, Los Angeles Branch]].<ref>[http://www.federalreserve.gov/publications/annual-report/2010-federal-reserve-system-organization.htm "Federal Reserve System Organization: Annual Report 2010"], ''Board of Governors of the Federal Reserve System''</ref> Dominic Ng's previous board service also includes the Asia Society,<ref>[http://asiasociety.org/southern-california/our-board “Our Board”] “Asia Society”</ref> Los Angeles Mayor's Trade Advisory Council,<ref>[http://www-tc.pbs.org/wnet/tavissmiley/files/2011/07/Ng_Bio_2011_June.pdf "Tavis Smiley: China – Roundtable, Mr. Ng’s bio"] ''PBS'', July 15, 2011</ref> United Way of Greater Los Angeles,<ref>[http://www.unitedwayla.org/about-us/boards-and-cabinets/ "About Us / Boards & Cabinets"] {{webarchive |url=https://web.archive.org/web/20150717084121/http://www.unitedwayla.org/about-us/boards-and-cabinets/ |date=July 17, 2015 }}, ''United Way of Greater Los Angeles''</ref> [[PacifiCare Health Systems]]<ref>[https://www.sec.gov/Archives/edgar/data/1027974/000089256903000515/a88001e8vk.htm "SECURITIES AND EXCHANGE COMMISSION: PACIFICARE HEALTH SYSTEMS, INC."], February 21, 2003</ref> (formerly NYSE: PHS), [[Town Hall Los Angeles]], The [[Anderson School at UCLA]],<ref>[http://www.anderson.ucla.edu/x5712.xml "Dominic Ng of UCLA Anderson's Board of Visitors Named Entrepreneur of the Year in Financial Services"], June 22, 2001</ref> and California State Treasurer's Financial Institutions Advisory Committee (chair), among other organizations.

In 2019, Ng became a board member of the [[Academy Museum of Motion Pictures]].<ref>{{Cite web|last=Welk|first=Brian|date=2019-11-06|title=Laura Dern and 6 Others Added as Academy Museum Trustees|url=https://www.thewrap.com/laura-dern-and-6-others-added-as-academy-museum-trustees/|access-date=2020-08-31|website=TheWrap|language=en-US}}</ref>


Ng has served on numerous boards of directors including those of the [[Federal Reserve Bank of San Francisco, Los Angeles Branch]],<ref>[http://www.federalreserve.gov/publications/annual-report/2010-federal-reserve-system-organization.htm "Federal Reserve System Organization: Annual Report 2010"], ''Board of Governors of the Federal Reserve System''</ref> the [[Academy Museum of Motion Pictures]],<ref>{{Cite web|url=https://variety.com/2018/film/news/academy-museum-renzo-piano-1202754387/|title=Academy Brings Architect Renzo Piano to N.Y. to Tout Movie Museum Plans|website=variety.com|date=16 April 2018}}</ref><ref>{{Cite web|last=Welk|first=Brian|date=2019-11-06|title=Laura Dern and 6 Others Added as Academy Museum Trustees|url=https://www.thewrap.com/laura-dern-and-6-others-added-as-academy-museum-trustees/|access-date=2020-08-31|website=TheWrap|language=en-US}}</ref> [[Mattel]],<ref>[http://corporate.mattel.com/about-us/bios.aspx "Mattel: Committees and Charters"]</ref> the Asia Society,<ref>[http://asiasociety.org/southern-california/our-board “Our Board”] “Asia Society”</ref> Los Angeles Mayor's Trade Advisory Council,<ref>[http://www-tc.pbs.org/wnet/tavissmiley/files/2011/07/Ng_Bio_2011_June.pdf "Tavis Smiley: China – Roundtable, Mr. Ng’s bio"] ''PBS'', July 15, 2011</ref> United Way of Greater Los Angeles,<ref>[http://www.unitedwayla.org/about-us/boards-and-cabinets/ "About Us / Boards & Cabinets"] {{webarchive |url=https://web.archive.org/web/20150717084121/http://www.unitedwayla.org/about-us/boards-and-cabinets/ |date=July 17, 2015 }}, ''United Way of Greater Los Angeles''</ref> [[PacifiCare Health Systems]]<ref>[https://www.sec.gov/Archives/edgar/data/1027974/000089256903000515/a88001e8vk.htm "SECURITIES AND EXCHANGE COMMISSION: PACIFICARE HEALTH SYSTEMS, INC."], February 21, 2003</ref> and [[Town Hall Los Angeles]]. He is on the board of trustees at the University of Southern California,<ref>[http://news.usc.edu/69134/east-west-bank-chairman-dominic-ng-named-usc-trustee/ “East West Bank chairman Dominic Ng named USC trustee”], “USC News, University of Southern California ”</ref> the Board of Visitors of the [[Anderson School at UCLA]],<ref>[http://www.anderson.ucla.edu/x5712.xml "Dominic Ng of UCLA Anderson's Board of Visitors Named Entrepreneur of the Year in Financial Services"], June 22, 2001</ref> and the Financial Institutions Advisory Committee of the California State Treasurer.
==Business and community leadership in the U.S.==
In 2000, Ng became a member of [[Committee of 100 (United States)|Committee of 100]].<ref name="committee100_roster_ng">{{cite web |title=Committee of 100 - Member Roster |url=https://committee100.org/members/member-roster/ |accessdate=25 May 2017}}</ref> From 2011 to 2014, Ng served as Chairman of the Committee of 100.<ref name="committee100_ng">{{cite web |title=Biography of Dominic Ng at Committee of 100 |url=http://www.committee100.org/aboutus/member_bio.php?member_id=235 |url-status=dead |archive-url=https://web.archive.org/web/20170803152852/https://committee100.org/aboutus/member_bio.php?member_id=235 |archive-date=3 August 2017 |accessdate=25 May 2017}}</ref>


==Participant in China–U.S. relations==
Ng was named by the Los Angeles Business Journal as Business Person of the Year,<ref>{{Cite web|title=Dominic Ng: MADE IN AMERICA {{!}} Los Angeles Business Journal|url=https://labusinessjournal.com/news/2012/mar/26/dominic-ng-made-america/|access-date=2020-06-26|website=labusinessjournal.com|date=25 March 2012}}</ref> by [[Forbes]] as one of the 25 most notable Chinese Americans,<ref>[http://committee100.typepad.com/committee_of_100_newslett/2010/08/newsmakers-links-to-members-in-the-news.html "Newsmakers: Links to Members in the News"], ''Committee of 100'', August 2010</ref><ref>Russell Flannery, [https://www.forbes.com/global/2010/0809/notable-chinese-americans-weili-dai-john-chen-mobile-connector.html "Marvell Technology's Mobile Connector"], ''Forbes.com'', August 09, 2010</ref> and by the [[Los Angeles Times]] as one of the 100 most influential people in Los Angeles.<ref>[http://articles.latimes.com/2006/aug/13/magazine/tm-toppower33 "THE POWER ISSUE - The West 100 - Our list of the most powerful people in Southern California"], ''The Los Angeles Times'', August 13, 2006</ref> In 2017, ''[[American Banker]]'' recognized Ng as Banker of the Year.<ref>{{Cite web|url=https://www.americanbanker.com/news/consistent-performer-how-dominic-ng-built-east-west-into-a-powerhouse?feed=00000160-22f4-d2fe-a5fb-7af659090000|title=Consistent Performer: How Dominic Ng built East West into a powerhouse|date=November 28, 2017|website=American Banker}}</ref> In 2016, Ng received The United Way Alexis de Tocqueville Award presented by [[United Way Worldwide]] that recognizes his exceptional and sustained engagement and philanthropic leadership.<ref>[https://www.unitedway.org/the-latest/press/dominic-ng-to-be-awarded-2015-united-way-tocqueville-society-award "Dominic Ng to Receive 2015 United Way Tocqueville Society Award"], ''United Way'', March 17, 2016</ref> He was the first Asian American campaign chair for United Way of Greater Los Angeles in 2000. Centered on promoting the importance of philanthropy and the benefits of supporting high-impact charities such as the United Way, Ng's campaign raised record funds.<ref>K. Connie Kang, [http://articles.latimes.com/2001/aug/10/local/me-32625 "United Way Drive Sets Record"], ''The Los Angeles Times'', August 10, 2001</ref>
Ng has been involved in various facets of China–U.S. relations, cultural and political, for much of his career. He has been a speaker at the [[Boao Forum for Asia]],<ref>[http://english.boaoforum.org/2013nhenDraftProgram/5572.jhtml "Boao Forum for Asia- Agenda"], ''Boao Forum for Asia'', April 5, 2013</ref> [[China–United States Exchange Foundation|China-United States Exchange Foundation]],<ref>[http://www.prnewswire.com/news-releases/thought-leaders-convene-in-los-angeles-to-chart-course-for-growth-and-opportunity-through-us-china-economic-cooperation-in-next-decade-211886421.html "Thought Leaders Convene in Los Angeles to Chart Course for Growth and Opportunity through US-China Economic Cooperation in Next Decade"], ''PR Newswire'', June 17, 2013</ref> the [[Asia Society]],<ref>[http://asiasociety.org/video/business/dominic-ng-china-us-and-public-perceptions "Dominic Ng: China, the US, and Public Perceptions"], ''Asia Society'', March 11, 2011</ref> the Chinese CEO Organization, [[Federal Reserve Bank]], [[Los Angeles Economic Development Corporation|Los Angeles County Economic Development Corporation]], [[Milken Institute]],<ref>[http://www.milkeninstitute.org/events/conferences/global-conference/2004/speaker-detail/1383 "Speaker's Biography: Dominic Ng"], ''Milken Institute''</ref> the [[United States Conference of Mayors]]<ref>Tom McClimon and Kay Scrimger, [http://www.usmayors.org/usmayornewspaper/documents/08_01_11/pg10_export.asp "Effective Export Strategies Begin With “Export More!”"] {{Webarchive|url=https://web.archive.org/web/20140912023541/http://www.usmayors.org/usmayornewspaper/documents/08_01_11/pg10_export.asp |date=2014-09-12 }}, ''The United States Conference of Mayors'', August 1, 2011</ref> and United Way.


Ng has advocated for and sponsored the showcasing of Chinese culture and art by major U.S. institutions including [[Los Angeles County Museum of Art]], the [[Museum of Contemporary Art, Los Angeles]],<ref>{{Cite web |last=Muchnic |first=Suzanne |date=2007-08-29 |title=MOCA's Chinese future |url=https://www.latimes.com/archives/la-xpm-2007-aug-29-et-moca29-story.html |access-date=2023-02-27 |website=[[Los Angeles Times]] |language=en-US}}</ref> [[Huntington Library]],<ref>{{Cite web |date=2008-02-17 |title=Huntington Library's new garden celebrates Chinese culture |url=https://www.latimes.com/local/la-me-gardens17feb17-story.html |access-date=2023-02-27 |website=[[Los Angeles Times]] |language=en-US}}</ref> [[Bowers Museum]],<ref>{{Cite web |date=2005-12-12 |title=Bowers Museum of Cultural Arts get $1 million gift |url=https://www.ocregister.com/2005/12/12/bowers-museum-of-cultural-arts-get-1-million-gift/ |access-date=2023-02-27 |website=[[Orange County Register]] |language=en-US}}</ref> and the [[USC Pacific Asia Museum]].<ref>[https://news.usc.edu/71285/usc-pacific-asia-museums-autumn-moon-gala-honors-dominic-ng/ "USC Pacific Asia Museum’s Autumn Moon Gala honors Dominic Ng"], '' USC News '', Nov. 17, 2014</ref>
==Promoting Chinese culture in the U.S.==
Ng has been an advocate and sponsor of bringing Chinese culture and art to major U.S. institutions, including [[Los Angeles County Museum of Art]], the [[Museum of Contemporary Art, Los Angeles]],<ref>{{Cite web |last=Muchnic |first=Suzanne |date=2007-08-29 |title=MOCA's Chinese future |url=https://www.latimes.com/archives/la-xpm-2007-aug-29-et-moca29-story.html |access-date=2023-02-27 |website=[[Los Angeles Times]] |language=en-US}}</ref> [[Huntington Library]],<ref>{{Cite web |date=2008-02-17 |title=Huntington Library's new garden celebrates Chinese culture |url=https://www.latimes.com/local/la-me-gardens17feb17-story.html |access-date=2023-02-27 |website=[[Los Angeles Times]] |language=en-US}}</ref> [[Bowers Museum]],<ref>{{Cite web |date=2005-12-12 |title=Bowers Museum of Cultural Arts get $1 million gift |url=https://www.ocregister.com/2005/12/12/bowers-museum-of-cultural-arts-get-1-million-gift/ |access-date=2023-02-27 |website=[[Orange County Register]] |language=en-US}}</ref> and the [[USC Pacific Asia Museum]].<ref>[https://news.usc.edu/71285/usc-pacific-asia-museums-autumn-moon-gala-honors-dominic-ng/ "USC Pacific Asia Museum’s Autumn Moon Gala honors Dominic Ng"], '' USC News '', Nov. 17, 2014</ref>


In 2000, Ng became a member of [[Committee of 100 (United States)|Committee of 100]]<ref name="committee100_roster_ng">{{cite web |title=Committee of 100 - Member Roster |url=https://committee100.org/members/member-roster/ |accessdate=25 May 2017}}</ref> and served as Chairman from 2011 to 2014.<ref name="committee100_ng">{{cite web |title=Biography of Dominic Ng at Committee of 100 |url=http://www.committee100.org/aboutus/member_bio.php?member_id=235 |url-status=dead |archive-url=https://web.archive.org/web/20170803152852/https://committee100.org/aboutus/member_bio.php?member_id=235 |archive-date=3 August 2017 |accessdate=25 May 2017}}</ref>
Ng served as an executive director of the [[China Overseas Exchange Association]] (COEA) between 2013 and 2017.<ref>{{Cite web |date=2013-10-16 |title=中国海外交流协会-内容 |url=http://www.coea.org.cn/472/2013/1014/219.html |url-status=dead |archive-url=https://web.archive.org/web/20131016211922/http://www.coea.org.cn/472/2013/1014/219.html |archive-date=16 October 2013 |access-date=2023-02-20 |website=[[China Overseas Exchange Association]]}}</ref> In 2019, Ng became an executive director of the [[China Overseas Friendship Association]] (COFA).<ref>{{Cite web |date=23 August 2021 |title=中华海外联谊会第五届理事会人员名单 |url=http://www.cofa.org.cn/lsml/311497.jhtml |url-status=dead |archive-url=https://archive.ph/G8v3Q |archive-date=23 August 2021 |website=[[China Overseas Friendship Association]] |language=zh}}</ref> In February 2023, ''[[The Hill (newspaper)|The Hill]]'' reported that an East West Bank spokesperson stated that Ng did not agree to serve as an executive director of COFA and later withdrew his name from COEA.<ref>{{Cite news |last=Mueller |first=Julia |date=February 15, 2023 |title=House Republicans ask FBI to investigate Biden appointee over potential Espionage Act violations |work=[[The Hill (newspaper)|The Hill]] |url=https://thehill.com/homenews/administration/3860260-house-republicans-ask-fbi-to-investigate-biden-appointee-over-potential-espionage-act-violations/ |access-date=March 29, 2023}}</ref>


In 2022, Ng was was appointed by the [[Biden administration]] to be a U.S. member of the [[Asia-Pacific Economic Cooperation#APEC Business Advisory Council|Asia-Pacific Economic Cooperation Business Advisory Council]]<ref name="APEC BAC">{{cite press release |author=<!--Not stated--> |date=25 July 2022 |title=Dominic Ng Appointed to Chair APEC Business Advisory Council During U.S. Host Year in 2023 |url=https://www.state.gov/dominic-ng-appointed-to-chair-apec-business-advisory-council-during-u-s-host-year-in-2023/ |agency=U.S. Department of State |access-date=2023-03-29}}</ref>, and later that year was announced to chair the 2023 APEC summit to be hosted by the U.S.<ref name="APEC BAC" /> In February 2023, Republican representatives asked the FBI to investigate Ng's ties to the Chinese Communist Party,<ref name="ask FBI">{{Cite news |last=Mueller |first=Julia |date=February 15, 2023 |title=House Republicans ask FBI to investigate Biden appointee over potential Espionage Act violations |work=[[The Hill (newspaper)|The Hill]] |url=https://thehill.com/homenews/administration/3860260-house-republicans-ask-fbi-to-investigate-biden-appointee-over-potential-espionage-act-violations/ |access-date=29 March 2023}}</ref> citing his being listed as an executive director of the [[China Overseas Exchange Association]] between 2013 and 2017<ref>{{Cite web |date=2013-10-16 |title=中国海外交流协会-内容 |url=http://www.coea.org.cn/472/2013/1014/219.html |url-status=dead |archive-url=https://web.archive.org/web/20131016211922/http://www.coea.org.cn/472/2013/1014/219.html |archive-date=16 October 2013 |access-date=2023-02-20 |website=[[China Overseas Exchange Association]]}}</ref> and of the [[China Overseas Friendship Association]] starting in 2019.<ref>{{Cite web |date=23 August 2021 |title=中华海外联谊会第五届理事会人员名单 |url=http://www.cofa.org.cn/lsml/311497.jhtml |url-status=dead |archive-url=https://archive.ph/G8v3Q |archive-date=23 August 2021 |website=[[China Overseas Friendship Association]] |language=zh}}</ref> A spokesperson for East West Bank described Ng's position with the COEA as being strictly honorary and involving no attendance and stated that Ng had never accepted any position with the COFA.<ref name="ask FBI" />
==Frequent speaker on global forums==
Ng is a frequent speaker on U.S.-China relations, economics, finance, banking, arts and culture, philanthropy and other topics. He has addressed business, political, academic and civic audiences in the U.S. and Greater China, including [[Boao Forum for Asia]],<ref>[http://english.boaoforum.org/2013nhenDraftProgram/5572.jhtml "Boao Forum for Asia- Agenda"], ''Boao Forum for Asia'', April 5, 2013</ref> [[China–United States Exchange Foundation|China-United States Exchange Foundation]],<ref>[http://www.prnewswire.com/news-releases/thought-leaders-convene-in-los-angeles-to-chart-course-for-growth-and-opportunity-through-us-china-economic-cooperation-in-next-decade-211886421.html "Thought Leaders Convene in Los Angeles to Chart Course for Growth and Opportunity through US-China Economic Cooperation in Next Decade"], ''PR Newswire'', June 17, 2013</ref> [[Asia Society]],<ref>[http://asiasociety.org/video/business/dominic-ng-china-us-and-public-perceptions "Dominic Ng: China, the US, and Public Perceptions"], ''Asia Society'', March 11, 2011</ref> Committee of 100, Chinese CEO Organization, [[Federal Reserve Bank]], [[Los Angeles Economic Development Corporation|Los Angeles County Economic Development Corporation]], [[Milken Institute]],<ref>[http://www.milkeninstitute.org/events/conferences/global-conference/2004/speaker-detail/1383 "Speaker's Biography: Dominic Ng"], ''Milken Institute''</ref> the [[United States Conference of Mayors]]<ref>Tom McClimon and Kay Scrimger, [http://www.usmayors.org/usmayornewspaper/documents/08_01_11/pg10_export.asp "Effective Export Strategies Begin With “Export More!”"] {{Webarchive|url=https://web.archive.org/web/20140912023541/http://www.usmayors.org/usmayornewspaper/documents/08_01_11/pg10_export.asp |date=2014-09-12 }}, ''The United States Conference of Mayors'', August 1, 2011</ref> and United Way, Los Angeles County Museum of Art, and among others.


==Honors and awards==
==Honors and awards==
Ng has been recognized for his work by the [[Los Angeles Times]];<ref>[http://articles.latimes.com/2006/aug/13/magazine/tm-toppower33 "THE POWER ISSUE - The West 100 - Our list of the most powerful people in Southern California"], ''The Los Angeles Times'', August 13, 2006</ref> [[Forbes]];<ref>[http://committee100.typepad.com/committee_of_100_newslett/2010/08/newsmakers-links-to-members-in-the-news.html "Newsmakers: Links to Members in the News"], ''Committee of 100'', August 2010</ref><ref>Russell Flannery, [https://www.forbes.com/global/2010/0809/notable-chinese-americans-weili-dai-john-chen-mobile-connector.html "Marvell Technology's Mobile Connector"], ''Forbes.com'', August 09, 2010</ref> [[United Way Worldwide]];<ref>[https://www.unitedway.org/the-latest/press/dominic-ng-to-be-awarded-2015-united-way-tocqueville-society-award "Dominic Ng to Receive 2015 United Way Tocqueville Society Award"], ''United Way'', March 17, 2016</ref>; the [[Anti-Defamation League]], Pacific Southwest Region;<ref>[http://la.adl.org/2014/12/10/adl-annual-gala-raises-1-1-million-honors-dominic-ng-and-dean-marks/ "ADL Annual Gala Raises $1.1 million; Honors Dominic Ng and Dean Marks”], ‘’Anti-Defamation League’’, December 10, 2014</ref> the Sino-U.S. Times;<ref>[http://intl.ce.cn/specials/zxxx/201401/08/t20140108_2082020.shtml "2013 U.S.-China Economic and Trade Leaders "], '' the Sino-U.S. Times'', January 8, 2014</ref> the [[Los Angeles Business Journal]];<ref>{{Cite web|title=Dominic Ng: Made in America |website=Los Angeles Business Journal|url=https://labusinessjournal.com/news/2012/mar/26/dominic-ng-made-america/|access-date=2020-06-26|date=25 March 2012}}</ref><ref>[http://edition.pagesuite-professional.co.uk/launch.aspx?referral=other&pnum=41&refresh=4x1W07XqbC13&EID=5fc023bf-5d60-429b-9ec0-a206b56987a8&skip=&p=41 "Los Angeles Business Journal - 03/12/2012 digital edition"], ''Los Angeles Business Journal'', March 12, 2012</ref> Los Angeles's Central City Association;<ref>Jane Leung Larson, [http://committee100.typepad.com/committee_of_100_newslett/2011/05/honorable-mentions-recent-awards-to-c100-membersdominic-ng-treasures-of-los-angeles-award.html "Honorable Mentions: Recent Awards to C100 Members—Dominic Ng, Treasures of Los Angeles Award"]</ref> the Los Angeles Economic Development Corporation;<ref>[http://laedc.org/wp-content/uploads/2011/06/DominicNg.pdf "LAEDC honors East West Bank Chairman Dominic Ng with 2011 Individual Eddy Award"], ''Asian Journal''</ref> the Alfred Mann Foundation;<ref>[http://aemf.org/award/2009-amf-award-winners/ "2009 AMF Award Winners"] {{webarchive |url=https://web.archive.org/web/20120311071129/http://aemf.org/award/2009-amf-award-winners/ |date=March 11, 2012 }}, ''Alfred Mann Foundation''</ref> [[Ernst & Young]];<ref>[http://www.anderson.ucla.edu/x5712.xml "Dominic Ng of UCLA Anderson's Board of Visitors Named Entrepreneur of the Year in Financial Services"], June 22, 2001</ref> ''[[American Banker]]'';<ref>{{Cite web|url=https://www.americanbanker.com/news/consistent-performer-how-dominic-ng-built-east-west-into-a-powerhouse?feed=00000160-22f4-d2fe-a5fb-7af659090000|title=Consistent Performer: How Dominic Ng built East West into a powerhouse|date=November 28, 2017|website=American Banker}}</ref> and [[Lingnan University]] in Hong Kong.<ref>[http://www.ln.edu.hk/news/20120830/honoraryfellowship2012_DominicNg "Business leader Dominic Ng speaks on US-China relations after receiving honorary fellowship at Lingnan University"], ''Lingnan University'', August 30, 2012</ref><ref>[http://www.ln.edu.hk/news/20120810/honoraryfellowship2012 "Lingnan University to confer honorary fellowship upon five distinguished individuals"], ''Lingnan University'', August 10, 2012</ref>
* The United Way Alexis de Tocqueville Award from [[United Way Worldwide]]<ref>[https://www.unitedway.org/the-latest/press/dominic-ng-to-be-awarded-2015-united-way-tocqueville-society-award "Dominic Ng to Receive 2015 United Way Tocqueville Society Award"], ''United Way'', March 17, 2016</ref>
* Humanitarian Award from the [[Anti-Defamation League]]’s Pacific Southwest Region;<ref>[http://la.adl.org/2014/12/10/adl-annual-gala-raises-1-1-million-honors-dominic-ng-and-dean-marks/ "ADL Annual Gala Raises $1.1 million; Honors Dominic Ng and Dean Marks”], ‘’Anti-Defamation League’’, December 10, 2014</ref>
* Top 20 of 2013 U.S.-China Economic and Trade Leaders from the Sino-U.S. Times;<ref>[http://intl.ce.cn/specials/zxxx/201401/08/t20140108_2082020.shtml "2013 U.S.-China Economic and Trade Leaders "], '' the Sino-U.S. Times'', January 8, 2014</ref>
* Business Person of the Year Award from [[Los Angeles Business Journal]];<ref>[http://edition.pagesuite-professional.co.uk/launch.aspx?referral=other&pnum=41&refresh=4x1W07XqbC13&EID=5fc023bf-5d60-429b-9ec0-a206b56987a8&skip=&p=41 "Los Angeles Business Journal - 03/12/2012 digital edition"], ''Los Angeles Business Journal'', March 12, 2012</ref>
* Chinese CEO of the Year Award from Chinese CEO Organization;.<ref>Jane Leung Larson, [http://committee100.typepad.com/committee_of_100_newslett/2012/02/honorable-mentions-recent-awards-to-c-100-members-dominic-ng-chinese-ceo-organization.html "Honorable Mentions: Recent Awards to C-100 Members - Dominic Ng, Chinese CEO Organization"]</ref>
* Treasures of Los Angeles Award from Central City Association;<ref>Jane Leung Larson, [http://committee100.typepad.com/committee_of_100_newslett/2011/05/honorable-mentions-recent-awards-to-c100-membersdominic-ng-treasures-of-los-angeles-award.html "Honorable Mentions: Recent Awards to C100 Members—Dominic Ng, Treasures of Los Angeles Award"]</ref>
* Eddy Award from Los Angeles Economic Development Corporation;<ref>[http://laedc.org/wp-content/uploads/2011/06/DominicNg.pdf "LAEDC honors East West Bank Chairman Dominic Ng with 2011 Individual Eddy Award"], ''Asian Journal''</ref>
* Asian and Pacific Islander American Heritage Dream of Los Angeles Award;<ref>Rene Villaroman, [http://www.ajdigitaledition.com/pdfs/PDF/2009_LA/2009_04_29/2009_LA_04_29_A%203.pdf "Los Angeles confers honors to Asian Pacific Islander Americans at Asian Pacific American Heritage Month"], ''Asian Journal'', April 29, 2009</ref>
* Innovation and Visionary Award from Alfred Mann Foundation;<ref>[http://aemf.org/award/2009-amf-award-winners/ "2009 AMF Award Winners"] {{webarchive |url=https://web.archive.org/web/20120311071129/http://aemf.org/award/2009-amf-award-winners/ |date=March 11, 2012 }}, ''Alfred Mann Foundation''</ref>
* Entrepreneur of the Year in Financial Services Award from [[Ernst & Young]];<ref>[http://www.anderson.ucla.edu/x5712.xml "Dominic Ng of UCLA Anderson's Board of Visitors Named Entrepreneur of the Year in Financial Services"], June 22, 2001</ref>
* Received an honorary doctor of law degree from [[Occidental College]]<ref>[https://www.reuters.com/finance/stocks/officerProfile?symbol=MAT.O&officerId=751542 "Ng, Dominic - Brief Biography"], ''Reuters''</ref>
* Received an honorary fellowship from [[Lingnan University]] in Hong Kong.<ref>[http://www.ln.edu.hk/news/20120830/honoraryfellowship2012_DominicNg "Business leader Dominic Ng speaks on US-China relations after receiving honorary fellowship at Lingnan University"], ''Lingnan University'', August 30, 2012</ref><ref>[http://www.ln.edu.hk/news/20120810/honoraryfellowship2012 "Lingnan University to confer honorary fellowship upon five distinguished individuals"], ''Lingnan University'', August 10, 2012</ref>


== References ==
== References ==

Revision as of 20:28, 29 March 2023

Dominic Ng
Chinese: 吳建民
Born1959 (age 64–65)
Alma materUniversity of Houston
Occupation(s)Chairman, president and CEO, East West Bank

Dominic Ng (simplified Chinese: 吴建民; traditional Chinese: 吳建民; pinyin: Wú Jiànmín) is an American banker who has been chairman, president and CEO of Los Angeles–based East West Bank since 1991, overseeing its growth from a savings and loan association with $600 million in assets to a full-service commercial bank with $62.6 billion in assets.[1]

Ng served on the board of directors of the Federal Reserve Bank of San Francisco, Los Angeles Branch, from 2005 to 2011 and was appointed by the Biden administration to be a U.S. member of the Asia-Pacific Economic Cooperation Business Advisory Council in 2022.[2]

Early life and education

Ng was born in Hong Kong in 1959[3] and earned a bachelor's degree from the University of Houston.[citation needed]

Career

Ng spent ten years as a Certified Public Accountant with Deloitte & Touche in Houston and Los Angeles.[4]

In 1991, Ng was hired by Pasadena-based East West Bank to be its third chairman, president and CEO.[5]

Ng has served on numerous boards of directors including those of the Federal Reserve Bank of San Francisco, Los Angeles Branch,[6] the Academy Museum of Motion Pictures,[7][8] Mattel,[9] the Asia Society,[10] Los Angeles Mayor's Trade Advisory Council,[11] United Way of Greater Los Angeles,[12] PacifiCare Health Systems[13] and Town Hall Los Angeles. He is on the board of trustees at the University of Southern California,[14] the Board of Visitors of the Anderson School at UCLA,[15] and the Financial Institutions Advisory Committee of the California State Treasurer.

Participant in China–U.S. relations

Ng has been involved in various facets of China–U.S. relations, cultural and political, for much of his career. He has been a speaker at the Boao Forum for Asia,[16] China-United States Exchange Foundation,[17] the Asia Society,[18] the Chinese CEO Organization, Federal Reserve Bank, Los Angeles County Economic Development Corporation, Milken Institute,[19] the United States Conference of Mayors[20] and United Way.

Ng has advocated for and sponsored the showcasing of Chinese culture and art by major U.S. institutions including Los Angeles County Museum of Art, the Museum of Contemporary Art, Los Angeles,[21] Huntington Library,[22] Bowers Museum,[23] and the USC Pacific Asia Museum.[24]

In 2000, Ng became a member of Committee of 100[25] and served as Chairman from 2011 to 2014.[26]

In 2022, Ng was was appointed by the Biden administration to be a U.S. member of the Asia-Pacific Economic Cooperation Business Advisory Council[2], and later that year was announced to chair the 2023 APEC summit to be hosted by the U.S.[2] In February 2023, Republican representatives asked the FBI to investigate Ng's ties to the Chinese Communist Party,[27] citing his being listed as an executive director of the China Overseas Exchange Association between 2013 and 2017[28] and of the China Overseas Friendship Association starting in 2019.[29] A spokesperson for East West Bank described Ng's position with the COEA as being strictly honorary and involving no attendance and stated that Ng had never accepted any position with the COFA.[27]

Honors and awards

Ng has been recognized for his work by the Los Angeles Times;[30] Forbes;[31][32] United Way Worldwide;[33]; the Anti-Defamation League, Pacific Southwest Region;[34] the Sino-U.S. Times;[35] the Los Angeles Business Journal;[36][37] Los Angeles's Central City Association;[38] the Los Angeles Economic Development Corporation;[39] the Alfred Mann Foundation;[40] Ernst & Young;[41] American Banker;[42] and Lingnan University in Hong Kong.[43][44]

References

  1. ^ "East West Bancorp Reports Net Income for Third Quarter 2022 of $295 Million and Diluted Earnings Per Share of $2.08; Record Net Interest Income of $552 Million". BusinessWire. 2022-10-20.
  2. ^ a b c "Dominic Ng Appointed to Chair APEC Business Advisory Council During U.S. Host Year in 2023" (Press release). U.S. Department of State. 25 July 2022. Retrieved 2023-03-29.
  3. ^ "Dominic Ng nndb.com". Retrieved 25 May 2017.
  4. ^ "East West Bancorp Inc (EWBC:NASDAQ GS)", Bloomberg Businessweek, July 2, 2012
  5. ^ "investor.eastwestbank.com". Retrieved Dec 2, 2016.
  6. ^ "Federal Reserve System Organization: Annual Report 2010", Board of Governors of the Federal Reserve System
  7. ^ "Academy Brings Architect Renzo Piano to N.Y. to Tout Movie Museum Plans". variety.com. 16 April 2018.
  8. ^ Welk, Brian (2019-11-06). "Laura Dern and 6 Others Added as Academy Museum Trustees". TheWrap. Retrieved 2020-08-31.
  9. ^ "Mattel: Committees and Charters"
  10. ^ “Our Board” “Asia Society”
  11. ^ "Tavis Smiley: China – Roundtable, Mr. Ng’s bio" PBS, July 15, 2011
  12. ^ "About Us / Boards & Cabinets" Archived July 17, 2015, at the Wayback Machine, United Way of Greater Los Angeles
  13. ^ "SECURITIES AND EXCHANGE COMMISSION: PACIFICARE HEALTH SYSTEMS, INC.", February 21, 2003
  14. ^ “East West Bank chairman Dominic Ng named USC trustee”, “USC News, University of Southern California ”
  15. ^ "Dominic Ng of UCLA Anderson's Board of Visitors Named Entrepreneur of the Year in Financial Services", June 22, 2001
  16. ^ "Boao Forum for Asia- Agenda", Boao Forum for Asia, April 5, 2013
  17. ^ "Thought Leaders Convene in Los Angeles to Chart Course for Growth and Opportunity through US-China Economic Cooperation in Next Decade", PR Newswire, June 17, 2013
  18. ^ "Dominic Ng: China, the US, and Public Perceptions", Asia Society, March 11, 2011
  19. ^ "Speaker's Biography: Dominic Ng", Milken Institute
  20. ^ Tom McClimon and Kay Scrimger, "Effective Export Strategies Begin With “Export More!”" Archived 2014-09-12 at the Wayback Machine, The United States Conference of Mayors, August 1, 2011
  21. ^ Muchnic, Suzanne (2007-08-29). "MOCA's Chinese future". Los Angeles Times. Retrieved 2023-02-27.
  22. ^ "Huntington Library's new garden celebrates Chinese culture". Los Angeles Times. 2008-02-17. Retrieved 2023-02-27.
  23. ^ "Bowers Museum of Cultural Arts get $1 million gift". Orange County Register. 2005-12-12. Retrieved 2023-02-27.
  24. ^ "USC Pacific Asia Museum’s Autumn Moon Gala honors Dominic Ng", USC News , Nov. 17, 2014
  25. ^ "Committee of 100 - Member Roster". Retrieved 25 May 2017.
  26. ^ "Biography of Dominic Ng at Committee of 100". Archived from the original on 3 August 2017. Retrieved 25 May 2017.
  27. ^ a b Mueller, Julia (February 15, 2023). "House Republicans ask FBI to investigate Biden appointee over potential Espionage Act violations". The Hill. Retrieved 29 March 2023.
  28. ^ "中国海外交流协会-内容". China Overseas Exchange Association. 2013-10-16. Archived from the original on 16 October 2013. Retrieved 2023-02-20.
  29. ^ "中华海外联谊会第五届理事会人员名单". China Overseas Friendship Association (in Chinese). 23 August 2021. Archived from the original on 23 August 2021.
  30. ^ "THE POWER ISSUE - The West 100 - Our list of the most powerful people in Southern California", The Los Angeles Times, August 13, 2006
  31. ^ "Newsmakers: Links to Members in the News", Committee of 100, August 2010
  32. ^ Russell Flannery, "Marvell Technology's Mobile Connector", Forbes.com, August 09, 2010
  33. ^ "Dominic Ng to Receive 2015 United Way Tocqueville Society Award", United Way, March 17, 2016
  34. ^ "ADL Annual Gala Raises $1.1 million; Honors Dominic Ng and Dean Marks”, ‘’Anti-Defamation League’’, December 10, 2014
  35. ^ "2013 U.S.-China Economic and Trade Leaders ", the Sino-U.S. Times, January 8, 2014
  36. ^ "Dominic Ng: Made in America". Los Angeles Business Journal. 25 March 2012. Retrieved 2020-06-26.
  37. ^ "Los Angeles Business Journal - 03/12/2012 digital edition", Los Angeles Business Journal, March 12, 2012
  38. ^ Jane Leung Larson, "Honorable Mentions: Recent Awards to C100 Members—Dominic Ng, Treasures of Los Angeles Award"
  39. ^ "LAEDC honors East West Bank Chairman Dominic Ng with 2011 Individual Eddy Award", Asian Journal
  40. ^ "2009 AMF Award Winners" Archived March 11, 2012, at the Wayback Machine, Alfred Mann Foundation
  41. ^ "Dominic Ng of UCLA Anderson's Board of Visitors Named Entrepreneur of the Year in Financial Services", June 22, 2001
  42. ^ "Consistent Performer: How Dominic Ng built East West into a powerhouse". American Banker. November 28, 2017.
  43. ^ "Business leader Dominic Ng speaks on US-China relations after receiving honorary fellowship at Lingnan University", Lingnan University, August 30, 2012
  44. ^ "Lingnan University to confer honorary fellowship upon five distinguished individuals", Lingnan University, August 10, 2012