PCB Bancorp (the "Company") (NASDAQ:PCB), the holding company of Pacific City Bank (the "Bank"), today announced the appointment of Janice Chung to the Board of Directors of the Company and the Bank effective November 1, 2021. This appointment increases the membership of the Company's Board of Directors from eight to nine.
Ms. Chung is the Chief Executive Officer of BIC Technologies Group, a technology and engineering service firm that specializes in providing, primarily to global companies in South Korea and China, the processing technology of rare metals that includes base materials for solar cells, semiconductor, and titanium dioxide. BIC Technologies Group has provided basic technology to build a number of specialized chemical plants in South Korea and China during the past 15 years.
Prior to BIC Technologies Group, Ms. Chung was the Chief Executive Officer of cyberPulse Network Group that provided innovation-focused management consulting services to South Korean public and private sectors including startup venture incubation, raising capital for the startups, strategic business planning, technology transfer, technology commercialization in the global market and structuring new business investments since 1999.
Prior to launching all of her entrepreneurial ventures, Ms. Chung as a Certified Public Accountant was a partner at Coopers & Lybrand LLP, currently PricewaterhouseCoopers, at its International Tax Division in New York. She was the lead partner providing tax consulting services to global companies that included major Korean conglomerates with presence in the U.S. Ms. Chung was awarded the "Woman of the Year-1996" from the New York Women's Network and she was one of the first Asian-American women partner at a Big-6 accounting firm in the greater New York area.
"Ms. Chung is a highly accomplished business leader with tremendous entrepreneurial success and an expert in a wide range of areas in strategic planning, technology transfer, investment structuring, and financial and taxation analyses and strategies," said Sang Young Lee, Chairman of the Board of Directors. "We welcome Ms. Chung's enormous entrepreneurial spirit and unique expertise in technology development and understanding of innovation focused management as we continue to strategically expand our institution." Ms. Chung holds a Bachelor of Science degree in Business Administration from University of Southern California.
About PCB Bancorp
PCB Bancorp, formerly known as Pacific City Financial Corporation, is the bank holding company for Pacific City Bank, a California state chartered bank, offering a full suite of commercial banking services to small to medium-sized businesses, individuals and professionals, primarily in Southern California, and predominantly in Korean-American and other minority communities.
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