East West Bank Appoints Dr. Jason Hsu as Chief Economist

Pasadena-headquartered East West Bancorp, Inc. (Nasdaq: EWBC), the parent company of East West Bank, announced Tuesday the appointment of Dr. Jason Hsu as Chief Economist. Dr. Hsu is a renowned economist and investment strategist who has held leadership positions at several leading financial institutions, including Research Affiliates and GMO. He is also a professor of finance at the Anderson School of Management at UCLA.

In his new role, Dr. Hsu will provide economic and market insights to East West Bank’s clients and partners. He will also work with the Bank’s investment team to develop and implement investment strategies that meet the needs of its clients.

“Dr. Hsu is a highly respected economist and investment strategist with a deep understanding of the global economy and markets,” said Dominic Ng, Chairman and Chief Executive Officer of East West Bancorp. “His appointment is a significant addition to our team and will help us to provide our clients with the best possible investment advice.”

Dr. Hsu said he is excited to join East West Bank and help the Bank continue to grow and succeed. “East West Bank is a leading financial institution with a strong commitment to serving its clients,” he said. “I am looking forward to working with the team to help the Bank to continue to provide its clients with the financial services they need to reach their goals.”

Dr. Hsu received his Ph.D. in economics from the University of Chicago. He frequently speaks at industry conferences and has published extensively in academic journals. He is also a member of the board of directors of several public companies.

East West Bancorp, Inc. is the parent company of East West Bank, the largest independent bank headquartered in Southern California. East West Bank provides a wide range of financial services to individuals and businesses, including commercial and retail banking, wealth management, and investment banking. East West Bank has over $67 billion in assets and operates over 120 branches in the United States and Asia.

For more information, please visit www.eastwestbank.com.