Exhibit 99.1
Hanmi Financial Corp. Appoints
Jay S. Yoo President and CEO
LOS ANGELES June 13, 2008 Hanmi Financial Corporation (Nasdaq: HAFC), the holding
company of Hanmi Bank, announced that Jay S. Yoo has been appointed President and Chief Executive
Officer of Hanmi Financial Corporation and Hanmi Bank. Mr. Yoo, whose appointment is effective
June 23, 2008, replaces Sung Won Sohn, who retired in December 2007. Mr. Yoo will also serve on the
Boards of Directors of Hanmi Financial Corporation and Hanmi Bank.
Jay S. Yoo, 61, began his banking career in South Korea in 1970 and was most recently from 2001
to 2007 Chairman, President and CEO of New-York based Woori America Bank, a subsidiary of Woori
Bank, a South Korean bank with assets of approximately $225 billion. He holds a B.A. in Business
Administration from Sogang University in Seoul, South Korea.
We are delighted that Mr. Yoo has accepted our invitation to lead Hanmis senior management team, said Won R. Yoon, M.D., Hanmis Chairman. He brings to Hanmi a breadth of experience in commercial
banking that will be invaluable as we address a variety of challenges facing Hanmi, not the least
of which are the need to improve credit quality and achieve a measure of stability in the Banks
financial performance.
During his 37-year career in banking, almost half of which has been spent in the United States,
Mr. Yoo has demonstrated an impressive range of administrative and operational skills, added Dr.
Yoon. Equally important, he has acquired expertise in a number of key areas notably
underwriting and credit management, interstate banking, new product development, risk management
and internal control, and international trade finance that will be of great benefit to Hanmi and
its shareholders in the years ahead.
About Hanmi Financial Corporation:
Headquartered in Los Angeles, Hanmi Bank, a wholly owned subsidiary of Hanmi Financial Corporation,
provides services to the multi-ethnic communities of California, with 25 full-service offices in
Los Angeles, Orange, San Francisco, Santa Clara and San Diego counties, and eight loan production
offices in California, Colorado, Georgia, Illinois, Texas, Virginia and Washington. Hanmi Bank
specializes in commercial, SBA and trade finance lending, and is a recognized community leader.
Hanmi Banks mission is to provide a full range of quality products and premier services to its
customers and to maximize shareholder value. Additional information is available at
www.hanmifinancial.com.
Contact:
Stephanie Yoon
Investor Relations
213-427-5631
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