PALOS VERDES ESTATES, Calif. - (Business Wire)
Malaga Financial Corporation (OTCBB:MLGF) and its subsidiary Malaga Bank are pleased to announce the appointment of Jasna Penich as Executive Vice President and Chief Financial Officer. With over 20 years of banking experience, Ms. Penich brings with her a solid background in finance, administration and planning, including 17 years as CFO of another community bank in the South Bay. Ms. Penich is a graduate of the Marshall School of Business at USC and a Torrance resident.
Randy Bowers, President and CEO of Malaga Bank, stated, “Jasna’s unique experience and abilities make her a welcome addition to our senior management team as we continue to grow and expand our banking franchise in the South Bay.”
Malaga Bank is a full-service community bank headquartered on the Palos Verdes Peninsula with branch offices located on the Peninsula, in Torrance and now in San Pedro. For over 23 years, Malaga has been delivering not only competitive banking services to residents and businesses of the South Bay, but also real estate loan products custom-tailored to consumers and investors. As the largest community bank in the South Bay, Malaga is proud of its continuing tradition of relationship-based banking and legendary customer service. The Bank’s web site is located at www.malagabank.com.
Malaga Financial Corporation
Randy Bowers
President and Chief Executive Officer
(310) 375-9000
rbowers@malagabank.com
