BANKING & FINANCE - Jan. 9, 1996
Times Staff and Wire Reports
Sanwa Bank California Names CEO: Tamio “Tom” Takakura, senior executive vice president and chief operating officer of the Sanwa division, has been appointed president and chief executive, pending board approval Wednesday. He succeeds Hiro Nobuhara, who has been promoted to a senior post with Sanwa Bank in Japan. Takakura, 50, has overseen the development and implementation of a new strategic midterm plan for the bank, which is the fifth-largest in California, with $7.7 billion in assets. He joined Sanwa Bank in Japan in 1968 and has spent 18 years with Sanwa Bank California. Takakura also serves as a director on the parent bank’s board. Sanwa Bank California is the second-largest bank based in Los Angeles.
