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Bank of Hope Appoints Steven C. Canup Executive Vice President to Head New Institutional Banking Group

“We expect our new Institutional Banking Group will provide an efficient source of significant deposit and loan growth opportunities from complementary industry and client segments, supplementing our core banking capabilities and business lines,” said Kim. “Steven joins us with more than 25 years of banking, corporate finance and financial services experience and has comprehensive knowledge of institutional lending and deposit markets, financial services M&A, strategic planning and investment banking products and transactions. Having previously worked with the former Center Financial Corporation in concluding a successful capital raise in 2009, Steven is well acquainted with the Korean-American banking arena, and I look forward to working closely with him to launch and build our new Institutional Banking Group.”

Canup, age 50, joins Bank of Hope from Banc of California, where he led the expansion of one of the bank’s fastest growing divisions as Managing Director and Head of Institutional Banking. Previously, he established and served as President of NewBridge Capital, a non-depository financial services company, in partnership with Wedbush Inc. Prior to this, Canup was an investment banker and served as Managing Director and Head of Financial Institutions Group at B. Riley & Co., LLC from 2011 to 2013 and a Senior Vice President at FIG Partners, LLC from 2009 to 2011. From 2006 to 2009, he served as a Managing Partner at Concordia Capital Advisors, a specialty private equity fund focused on the banking and specialty finance sectors. Previously, he held Senior Vice President positions at Aames Investment Corp and East West Bancorp, responsible for corporate development and strategy and investor relations. Canup holds a B.A. in Economics from the University of California, Los Angeles.