Documents in Portable Document Format (PDF) require Adobe Acrobat Reader 5.0 or higher to view,download Adobe® Acrobat Reader.
Investor Relations Banner

Investor Relations

Officers & Directors

Officers & Directors

Executive Officers

Li Yu
Chairman and Chief Executive Officer
Mr. Yu has been Preferred Bank’s Chief Executive Officer since 1993 and was the bank's President from 1993 to August 2012. From December 1991 to the present, he has served as Chairman of the Board of Directors. From 1987 to 1991, he was involved in several privately held companies of which he was the owner. From 1982 to 1987, he served as Chairman of the Board of California Pacific National Bank, which became a part of Bank of America. Mr. Yu received a Masters of Business Administration, or MBA, from the University of California, Los Angeles. He was also the past President of the National Association of Chinese American Bankers, and is currently a member of the Board of Visitors of UCLA’s Anderson Graduate School of Management.
Wellington Chen
President and Chief Operating Officer
Mr. Chen has been the Bank’s President since August 2012 and its Chief Operating Officer since August 2011. Prior to joining Preferred Bank, Mr. Chen was Executive Vice President and Director of Corporate Banking for East West Bank in Pasadena, California where he oversaw a significant portion of the loan and deposit production activities. Prior to that, he was Senior Executive Vice President and a Director of Far East National Bank in Los Angeles.
Edward J. Czajka
Executive Vice President and Chief Financial Officer
Mr. Czajka has been Senior Vice President and Chief Financial Officer since 2006 and was promoted to Executive Vice President in 2008. Before joining Preferred Bank, Mr. Czajka was Chief Financial Officer of Presidio Bank, a San Francisco-based bank that was then in organization. Prior to this, Mr. Czajka was Executive Vice President and Chief Financial Officer of North Valley Bancorp, (Nasdaq: NOVB) a publicly-traded multi-bank holding company located in Redding, California. From 1994 through 2000, Mr. Czajka held the position of Vice President, Corporate Controller for Pacific Capital Bancorp (Nasdaq: PCBC) in Santa Barbara, California. Mr. Czajka graduated Summa Cum Laude from Capella University with a Bachelors of Science in Business Administration and is a graduate of the Bank Administration Institute Graduate School of Banking at Vanderbilt University. Mr. Czajka serves as the Board Treasurer for the Los Angeles Chapter of the Risk Management Association (“RMA”) and also serves on the Board of Directors of Shane’s Inspiration, a non-profit based in Sherman Oaks, California.
Nick Pi
Executive Vice President and Chief Credit Officer
Mr. Pi has been with the Bank since 2003 and has been our Executive Vice President Chief Credit Officer since June 2015. Before joining us, Mr. Pi was the Senior Vice President and Commercial Real Estate Lending Team Leader of Chinatrust Bank (U.S.A.) from 2000 to 2003. Prior to this, he held various corporate titles from Assistant Vice President to Senior Vice President at Chinatrust Bank (U.S.A.), mainly in the branch operation and lending fields from 1995 to 2000. His lending and credit experience also includes Grand Pacific Financing Corporation from 1989 to 1995, an affiliate of China Trust Group. Mr. Pi received a Bachelor of Arts degree in Business from National Taiwan University, Taiwan and a MBA degree from Emporia State University.

Board of Directors

Wayne Wu
Mr. Wu has been actively involved in life sciences investment since 1998. He formed Pacific Health Investment Inc. in May 2005 as a follow on investment fund after Pacific Republic Capital. Both Pacific Health Investment and Pacific Republic Capital invested heavily in the medical device industry. Throughout the years, Mr. Wu has served on the Board of a number of companies. Mr. Wu was the Chairman of Accuray Incorporated (Nasdaq: ARAY) from 2004 to 2010. Mr. Wu also served on the Board of Aurora Imaging Technology Inc. from 1999 to 2004. Currently Mr. Wu serves on the Board of Synaptic Medical International, a medical device in China. Mr. Wu also currently serves on the Board of four U.S. medical device companies, such as Verve Medical Inc., Dallen Medical Inc., and WaveSense Inc. Mr. Wu graduated from National Central University in Taiwan with a Bachelor of Science degree in Mathematics. He received his Master’s degree in Mathematics from University of Southern California. Mr. Wu’s extensive experience in investing, his Board-level experience at numerous companies as well as his considerable contacts in the Bank’s primary market areas makes him a well-qualified candidate to serve on the Board. Mr. Wu serves on the investment committee and the compensation committee.
Li Yu
Chairman
Mr. Yu has been Preferred Bank’s Chief Executive Officer since 1993 and was the bank's President from 1993 to August 2012. From December 1991 to the present, he has served as Chairman of the Board of Directors. From 1987 to 1991, he was involved in several privately held companies of which he was the owner. From 1982 to 1987, he served as Chairman of the Board of California Pacific National Bank, which became a part of Bank of America. Mr. Yu received a Masters of Business Administration, or MBA, from the University of California, Los Angeles. He was also the past President of the National Association of Chinese American Bankers, and is currently a member of the Board of Visitors of UCLA’s Anderson Graduate School of Management.
Clark Hsu
Vice Chairman
Mr. Hsu has been President of Microtek Lab, Incorporated, a U.S. subsidiary of a Taiwanese publicly-traded company, since 2000. Microtek Lab specializes in the design, manufacture and distribution of digital imaging products for consumer and commercial applications. From 1999-2000, Mr. Hsu served as Vice-President, Special Projects for Microtek Lab and from 1997-1999 was the Director of Product Development and Marketing for Microtek Lab. Mr. Hsu received a Bachelors Degree form the University of Pennsylvania in 1992 and a MBA Degree from the UCLA Anderson School of Business in 1997.
J. Richard Belliston
Mr. Belliston has been Vice Chairman and Chief Financial Officer of MoneyLine Lending Services since 2001, following the merger of Tokai Bank of California and Sanwa Bank. Previously, Mr. Belliston served as Vice Chairman and Chief Financial Officer of Tokai Bank of California. Mr. Belliston is a Certified Public Accountant and a member of the AICPA and California Society of CPA’s. Mr. Belliston received a Bachelors of Science degree from Brigham Young University.
William C. Y. Cheng
Mr. Cheng has been President of H & C Industries, Inc. since 1974. H & C Industries is engaged in the export, import and distribution of chemical products. Mr. Cheng received a MBA Degree from USC and a Masters Degree in engineering systems from UCLA. Mr. Cheng was one of our founding shareholders.
Gary S. Nunnelly
Mr. Nunnelly has been President of American Thermoform Corporation, a company engaged in the import and manufacture of equipment and supplies for the visually impaired, since 1985. He spent several years at Union Bank during the earlier stage of his career. Mr. Nunnelly received a Bachelors of Science Degree in accounting from USC. Mr. Nunnelly was one of Preferred Bank’s founding shareholders and one of Preferred Bank’s initial directors.
Shirley Wang
Chih-Wei Wu
Mr. Wu has been President and Chief Executive Officer of Hsinchu International Bank in Taiwan since 1996. Hsinchu Bank currently has total assets of approximately $15 billion, and is publicly traded on the Taiwan Stock Exchange. Prior to that he was Executive President, Commercial Banking of Hsinchu Bank from 1990. Mr. Wu received a MBA Degree from Chico State University and a Bachelors Degree from Tung-Wu University in Taiwan. Both Mr. Wu and Hsinchu International Bank were Preferred Bank’s founding shareholders.