LOS ANGELES, April 27, 2017 /PRNewswire/ — Cathay Bank announces the appointment of Mr. Dale Wilson as Senior Vice President and Manager of its Oil and Gas Group based in Houston, Texas. In his new position, Mr. Wilson will apply his experience in upstream and midstream oil and gas transactions to develop credit policy and build an experienced team to grow Cathay Bank’s Oil and Gas specialty lending segment within the Corporate Banking Division.

«We are pleased to have someone with Dale’s specialized experience and comprehensive understanding of the energy industry joining Cathay Bank,» said Mr. Kelly Wu, Executive Vice President of the Corporate Banking Division at Cathay Bank. «Dale’s hire reinforces our commitment to better serve the banking needs of companies within specialized industries, and we look forward to the growth and success of our new Oil and Gas Group.»

Mr. Wilson brings over 35 years of experience in both the oil and gas industry and energy banking, primarily with global financial institutions. Most recently Mr. Wilson served as Territory Manager for BancorpSouth in South Texas and Louisiana. Prior to that, Mr. Wilson was Senior Vice President and Regional Commercial Executive for the Texas region of HSBC Bank USA, N.A. There he managed a corporate banking team responsible for energy and corporate clients in Texas, New Mexico and Oklahoma. Mr. Wilson also brings energy banking experience from Bank of America and Citibank. He also served as Corporate Treasurer for Devon Energy Corporation.

Mr. Wilson holds an undergraduate degree from Baylor University with a BBA in Finance and Accounting. He has been active in various business organizations throughout his career including Financial Executives International (FEI) and the Independent Petroleum Association of America (IPAA) as well as Junior Achievement.

Mr. Wilson can be reached at [email protected].

About Cathay Bank

Cathay Bank is a subsidiary of Cathay General Bancorp (NASDAQ: CATY). Founded in 1962, Cathay Bank offers a wide range of financial services. Cathay Bank currently operates 34 branches in California, 12 in New York State, three in the Chicago, Illinois area, three in Washington State, two in Texas, one in Maryland, one in Massachusetts, one in Nevada, one in New Jersey, one in Hong Kong, and a representative office in Taipei and in Shanghai. Cathay Bank’s website can be found at www.cathaybank.com. FDIC insurance coverage is limited to deposit accounts at Cathay Bank’s U.S. domestic branch locations.

Cathay Bank

9650 Flair Drive

El Monte, CA 91731

Contact Person:

Phone Number:

Karen Kocvara

(626) 279-3871

 

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SOURCE Cathay Bank