Chang M. Liu has been making his mark in the banking world since he joined Cathay Bank in 2014. Born in 1967, he worked his way up from Senior Vice President and Assistant Chief Lending Officer to Chief Operating Officer,...
Chang M. Liu has been making his mark in the banking world since he joined Cathay Bank in 2014. Born in 1967, he worked his way up from Senior Vice President and Assistant Chief Lending Officer to Chief Operating Officer, President, and finally to CEO of Cathay General Bancorp. His journey in banking spans over 30 years, which started at Pacific Trust Bank as their Chief Lending Officer. Liu took the CEO role on October 1, 2020, after succeeding Pin Tai. He focuses on performance-based incentives for his compensation, which reached $3.2 million in 2023, including salary, bonuses, and vested stock. Notably, Liu's bonuses are connected to targets like earnings per share (EPS) and return on assets (ROA), which ensures he aligns with the bank's success. His leadership transitions have been smooth, showing an emphasis on continuity during changes in upper management. Liu keeps a hands-on approach, with a clear vision of lending and business development at the bank.