Dominic Ng: Difference between revisions

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==Career==
 
==Career==
 
Dominic Ng also serves as Chairman of the [[Committee of 100]] <ref>[http://www.committee100.org/aboutus/member_bio.php?member_id=235 "Dominic Ng (C-100 Chairman)"]</ref> and on the boards of directors of [[Mattel]] <ref>[http://corporate.mattel.com/about-us/bios.aspx "Mattel: Committees and Charters"]</ref>, Inc. (NYSE: MAT) and the Pacific Council on International Policy <ref>[http://www.pacificcouncil.org/page.aspx?pid=382 "Pacific Council on International Policy: Board of Directors"]</ref>. He is also an advisory committee member of the Resnick Institute <ref>[http://resnick.caltech.edu/about/advisory.html "Resnick Institute Advisory Council"], ''Resnick Institute, California Institute of Technology''</ref> at the [[California Institute of Technology]]. For six years (2005-2010) 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 [[PacifiCare Health Systems]] <ref>[http://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), 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>, [[Loyola Marymount University]], Los Angeles’ Mayor’s Trade Advisory Council (co-chair) <ref>[http://www.ci.la.ca.us/mayor/stellent/groups/electedofficials/@myr_ch_contributor/documents/contributor_web_content/lacity_005160.pdf "MAYOR VILLARAIGOSA LAUNCHES TRADE ADVISORY COUNCIL"], ''Office of the Mayor, City of Los Angeles'', January 6, 2009</ref>, California Commission for Jobs and Economic Growth, California State Treasurer’s Financial Institutions Advisory Committee (chair), California Bankers Association <ref>Liz Freeman, [http://www.calbankers.com/news-release/california-bankers-association-2010-2011-officers-and-new-board-members "California Bankers Association 2010-2011 Officers and New Board Members"], ''California Bankers Association'', May 3, 2010</ref>, [[Town Hall Los Angeles]] (vice chair), United Way of Greater Los Angeles (vice chair) <ref>[http://www.unitedwayla.org/about-us/boards-committees/ "About Us / Boards & Committees"], ''United Way of Greater Los Angeles''</ref>, among other organizations.
 
Dominic Ng also serves as Chairman of the [[Committee of 100]] <ref>[http://www.committee100.org/aboutus/member_bio.php?member_id=235 "Dominic Ng (C-100 Chairman)"]</ref> and on the boards of directors of [[Mattel]] <ref>[http://corporate.mattel.com/about-us/bios.aspx "Mattel: Committees and Charters"]</ref>, Inc. (NYSE: MAT) and the Pacific Council on International Policy <ref>[http://www.pacificcouncil.org/page.aspx?pid=382 "Pacific Council on International Policy: Board of Directors"]</ref>. He is also an advisory committee member of the Resnick Institute <ref>[http://resnick.caltech.edu/about/advisory.html "Resnick Institute Advisory Council"], ''Resnick Institute, California Institute of Technology''</ref> at the [[California Institute of Technology]]. For six years (2005-2010) 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 [[PacifiCare Health Systems]] <ref>[http://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), 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>, [[Loyola Marymount University]], Los Angeles’ Mayor’s Trade Advisory Council (co-chair) <ref>[http://www.ci.la.ca.us/mayor/stellent/groups/electedofficials/@myr_ch_contributor/documents/contributor_web_content/lacity_005160.pdf "MAYOR VILLARAIGOSA LAUNCHES TRADE ADVISORY COUNCIL"], ''Office of the Mayor, City of Los Angeles'', January 6, 2009</ref>, California Commission for Jobs and Economic Growth, California State Treasurer’s Financial Institutions Advisory Committee (chair), California Bankers Association <ref>Liz Freeman, [http://www.calbankers.com/news-release/california-bankers-association-2010-2011-officers-and-new-board-members "California Bankers Association 2010-2011 Officers and New Board Members"], ''California Bankers Association'', May 3, 2010</ref>, [[Town Hall Los Angeles]] (vice chair), United Way of Greater Los Angeles (vice chair) <ref>[http://www.unitedwayla.org/about-us/boards-committees/ "About Us / Boards & Committees"], ''United Way of Greater Los Angeles''</ref>, among other organizations.
 
 
==Business and Community Leadership in the U.S.==
 
Named by [[Forbes]] as one of the 25 most notable Chinese Americans <ref>Russell Flannery, [http://www.forbes.com/global/2008/0915/054a.html "Twenty-Five Notable Chinese-Americans"], ''Forbes.com'', September 15, 2008</ref> <ref>Russell Flannery, [http://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 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> by the [[Los Angeles Times]], Dominic Ng is also known for his business and community leadership. He was the first Asian American campaign chair for United Way of Greater Los Angeles, in 2000/2001. Centered on educating the region’s Chinese American community on the importance of philanthropy and the benefits of supporting high-impact charities such as United Way, Dominic 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>, broke a long-standing ethnic barrier, and now serves as a model and best practice for United Way chapters and other charities around the country.
 
 
 
==Promote Chinese Culture in the U.S.==
 
Committed to promoting education and understanding of Chinese language, art and culture in the U.S., Dominic Ng has led a number of important initiatives in this regard. His vision to bring the best of contemporary Chinese art to a larger audience inspired a groundbreaking collaboration between East West Bank and the [[Museum of Contemporary Art, Los Angeles]] (MOCA) that resulted in a dynamic new addition to MOCA’s permanent collection <ref>Suzanne Muchnic, [http://articles.latimes.com/2007/aug/29/entertainment/et-moca29 "MOCA's Chinese future"], ''The Los Angeles Times'', August 29, 2007</ref>.
 
   
   

Revision as of 23:14, 26 July 2012

Dominic Ng
File:华美银行吴建民.jpg
Dominic Ng
Born Hong Kong
Residence Pasadena, California
Alma mater University of Houston
Occupation CEO and Chairman, East West Bank

Dominic Ng (simplified Chinese: 吴建民; traditional Chinese: 吳建民; pinyin: wú jiànmín) is Chairman and CEO of East West Bank. Headquartered in California, East West Bank is a top performing commercial bank with exclusive focus on the U.S. and Greater China markets [1]. Dominic Ng transformed East West Bank from a small savings and loan association with $600 million in assets and a market capitalization of $40 million, in 1991, into the full-service commercial bank it is today—with assets of $21.5 billion and a market capitalization of over $3.4 billion [2]. East West Bank is now ranked among the 30 largest banks in the U.S., earned a place on Fortune magazine’s list of Top 10 Stocks for 2011 [3] and, for the last two consecutive years, has been ranked in the top 10 of the 100 Best Banks in America by Forbes.com [4] [5].

Background

Dominic Ng is a native of Hong Kong and currently resides in Pasadena, California. Prior to taking the helm of East West Bank in 1991, he spent ten years as a Certified Public Accountant with Deloitte & Touche in Houston and Los Angeles [6]. He holds a Bachelor of Business Administration degree in accounting from the University of Houston, and an honorary doctorate from Occidental College [7].

Career

Dominic Ng also serves as Chairman of the Committee of 100 [8] and on the boards of directors of Mattel [9], Inc. (NYSE: MAT) and the Pacific Council on International Policy [10]. He is also an advisory committee member of the Resnick Institute [11] at the California Institute of Technology. For six years (2005-2010) he served on the board of directors of the Federal Reserve Bank of San Francisco, Los Angeles Branch [12]. Dominic Ng’s previous board service also includes PacifiCare Health Systems [13] (formerly NYSE: PHS), The Anderson School at UCLA [14], Loyola Marymount University, Los Angeles’ Mayor’s Trade Advisory Council (co-chair) [15], California Commission for Jobs and Economic Growth, California State Treasurer’s Financial Institutions Advisory Committee (chair), California Bankers Association [16], Town Hall Los Angeles (vice chair), United Way of Greater Los Angeles (vice chair) [17], among other organizations.


Frequent Speaker on Global Forums

Dominic Ng is frequent speaker on U.S.-China relations, banking and finance, economics, philanthropy and other topics. He has addressed business, political, academic and civic audiences around the world, including the Asia Society [18], Chinese CEO Organization, Committee of 100, Federal Reserve Bank, Hong Kong Association [19] [20], Los Angeles Economic Development Corporation, Milken Institute [21], Port of Oakland [22], Special Olympics [23] [24], Taiwan Global Views Business Forum [25], Tsinghua University [26], Town Hall Los Angeles, the United States Conference of Mayors [27] and United Way.


Honors and Awards

Dominic Ng has received wide recognition for his visionary leadership.

  • In 2012, he was named by the Los Angeles Business Journal as the Business Person of the Year [28] and received the Chinese CEO of the Year Award [29] from the Chinese CEO Organization.
  • In prior years he received the Central City Association Treasures of Los Angeles Award [30];
  • Los Angeles Economic Development Corporation Eddy Award [31];
  • United Way of Greater Los Angeles Compassion in Action, Creating Pathways Out of Poverty and Spirit of Los Angeles awards;
  • Asian and Pacific Islander American Heritage Dream of Los Angeles Award [32];
  • Alfred Mann Foundation Innovation and Visionary Award [33];
  • Asia Society of Southern California’s Chairman’s Award;
  • Asian Business League Outstanding Corporate Executive Award;
  • The Charles and Ada Bowers Society Award;
  • California Society of CPA’s Outstanding Member in Industry Award;
  • Chinese American Voters Education Committee Year of the Tiger Award;
  • Ernst & Young Entrepreneur of the Year in Financial Services Award [34];
  • Father of the Year Award from the American Diabetes Association;
  • Friends of the Chinese American Museum Excellence in Business Leadership Award;
  • Minorities in Business Multicultural Prism Award; and


About East West Bancorp

East West Bancorp is a publicly owned company with $21.5 billion in assets and is traded on the Nasdaq Global Select Market under the symbol “EWBC” [35]. The Company’s wholly owned subsidiary, East West Bank, is one of the largest independent banks headquartered in California. East West is a premier bank focused exclusively on the United States and Greater China markets and operates over 125 locations worldwide, including in the United States markets of California, New York, Georgia, Massachusetts, Texas and Washington. In Greater China, East West’s presence includes a full service branch in Hong Kong and representative offices in Beijing, Shenzhen and Taipei. Through a wholly owned subsidiary bank, East West’s presence in Greater China also includes full service branches in Shanghai and Shantou and a representative office in Guangzhou. For more information on East West Bancorp, visit the Company's website at www.eastwestbank.com.


References

  1. ^ "EWBC 10-K", UNITED STATES SECURITIES AND EXCHANGE COMMISSION, December 31, 2010
  2. ^ "EAST WEST BANCORP REPORTS NET INCOME FOR SECOND QUARTER 2012 OF $70.6 MILLION, UP 17% FROM PRIOR YEAR, AND EARNINGS PER SHARE OF $0.47, UP 21% FROM PRIOR YEAR", East West Bank, July 18, 2012
  3. ^ Jon Birger, "10 best stocks for 2011", Fortune Magazine, December 20 2010
  4. ^ Kurt Badenhausen, "Full List: America's Best And Worst Banks", Forbes.com, December 13, 2011
  5. ^ Kurt Badenhausen, "America's Best And Worst Banks", Forbes.com, December 20, 2010
  6. ^ "East West Bancorp Inc (EWBC:NASDAQ GS)", Bloomberg Businessweek, July 2, 2012
  7. ^ "Ng, Dominic - Brief Biography", Reuters
  8. ^ "Dominic Ng (C-100 Chairman)"
  9. ^ "Mattel: Committees and Charters"
  10. ^ "Pacific Council on International Policy: Board of Directors"
  11. ^ "Resnick Institute Advisory Council", Resnick Institute, California Institute of Technology
  12. ^ "Federal Reserve System Organization: Annual Report 2010", Board of Governors of the Federal Reserve System
  13. ^ "SECURITIES AND EXCHANGE COMMISSION: PACIFICARE HEALTH SYSTEMS, INC.", February 21, 2003
  14. ^ "Dominic Ng of UCLA Anderson's Board of Visitors Named Entrepreneur of the Year in Financial Services", June 22, 2001
  15. ^ "MAYOR VILLARAIGOSA LAUNCHES TRADE ADVISORY COUNCIL", Office of the Mayor, City of Los Angeles, January 6, 2009
  16. ^ Liz Freeman, "California Bankers Association 2010-2011 Officers and New Board Members", California Bankers Association, May 3, 2010
  17. ^ "About Us / Boards & Committees", United Way of Greater Los Angeles
  18. ^ "Dominic Ng: China, the US, and Public Perceptions", Asia Society, March 11, 2011
  19. ^ "HKANC Distinguished Speaker Luncheon Series featuring Dominic Ng, Chairman & CEO of East West Bancorp, Inc.", Hong Kong Association of Northern California, June 8, 2010
  20. ^ "HKANC Distinguished Speaker Luncheon Series featuring Dominic Ng, Chairman & CEO of East West Bancorp, Inc.", Hong Kong Association of Northern California, June 8, 2010
  21. ^ "Speaker's Biography: Dominic Ng", Milken Institute
  22. ^ "FIFTH ANNUAL CHINA CONFERENCE TO SHED LIGHT ON FUTURE OPPORTUNITIES", Port of Oakland, March 30, 2006
  23. ^ "ENDURING LOVE SPECIAL OLYMPICS - THREE TALK & RECEPTION"
  24. ^ "Enduring Love Special Olympics Three Talk & Reception"
  25. ^ Jane Leung Larson, "C-100 Co-Sponsors Global Views Business Forum in Taipei"
  26. ^ Jane Leung Larson, "C100 Leadership Scholarship Program Symposium and Awards Ceremonial Dinner"
  27. ^ Tom McClimon and Kay Scrimger, "Effective Export Strategies Begin With “Export More!”", The United States Conference of Mayors, August 1, 2011
  28. ^ "Los Angeles Business Journal - 03/12/2012 digital edition", Los Angeles Business Journal, March 12, 2012
  29. ^ Jane Leung Larson, "Honorable Mentions: Recent Awards to C-100 Members - Dominic Ng, Chinese CEO Organization"
  30. ^ Jane Leung Larson, "Honorable Mentions: Recent Awards to C100 Members—Dominic Ng, Treasures of Los Angeles Award"
  31. ^ "LAEDC honors East West Bank Chairman Dominic Ng with 2011 Individual Eddy Award", Asian Journal
  32. ^ Rene Villaroman, "Los Angeles confers honors to Asian Pacific Islander Americans at Asian Pacific American Heritage Month", Asian Journal, April 29, 2009
  33. ^ "2009 AMF Award Winners", Alfred Mann Foundation
  34. ^ "Dominic Ng of UCLA Anderson's Board of Visitors Named Entrepreneur of the Year in Financial Services", June 22, 2001
  35. ^ "EAST WEST BANCORP REPORTS NET INCOME FOR SECOND QUARTER 2012 OF $70.6 MILLION, UP 17% FROM PRIOR YEAR, AND EARNINGS PER SHARE OF $0.47, UP 21% FROM PRIOR YEAR", East West Bank, July 18, 2012

External links