BANKING & FINANCE - Jan. 9, 1996

Sanwa Bank California Names New President and CEO: Tamio “Tom” Takakura, senior executive vice president and chief operating officer of the Sanwa division, has the appointment, pending board approval Wednesday. He would succeed 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 based in Los Angeles and 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.