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Dominic Ng
Dominic Ng (born 1959) is an American banker. He has been the CEO of Los Angeles-based East West Bank since 1992, and chairman and CEO since 1998, transforming it from a savings and loan association into an international commercial bank. Ng is involved in entertainment and other industries.
Ng is also a philanthropist, supporting East Asian culture and art primarily in Southern California. In 2023, he was chair of the Asia-Pacific Economic Cooperation Business Advisory Council.
Ng was born in the then-British Hong Kong, the youngest of six children. He was part of a wave of Hong Kong students who came to the United States to study in the 1970s, and earned a bachelor's degree in accounting from the University of Houston. Ng became a United States citizen in 1988.
Ng began his career as a Certified Public Accountant with Touche Ross in Houston and Los Angeles. In 1992, Ng became East West Bank's president and CEO. At the time, the bank was a $600 million savings and loan association.
Ng expanded on the bank's original mission of financing underserved Chinese immigrants, growing the bank's business internationally. He leveraged his Asia connections with mainstream American companies and made East West a commercial bank in 1995, allowing it to handle international trade financing. Ng adapted the bank's mission to become what he describes as "the financial bridge between the East and the West".
In 1998, Ng engineered East West Bank's sale in a management-led buyout. He became the bank's chairman that same year. The bank's parent entity, East West Bancorp, went public in 1999. Ng started East West's "Spirit of Ownership" program, whereby every East West employee receives the same amount of stock in the company every year, attributing the bank's sustainable growth in part to this program.
During Ng's tenure, East West has bought several financial institutions. East West doubled its assets after the purchase of its closest competitor, United Commercial Bank, in 2009. The acquisition expanded East West to Atlanta, Boston, New York, and Seattle. While Ng considers Los Angeles "a priority," East West is also active in San Diego, San Francisco, and Silicon Valley, as well as Dallas, Houston, and Las Vegas.
Ng also focuses on biotech, clean technology, private equity, health care, real estate, renewable energy, sustainability financing, and cross-border business. A 2022 Forbes profile of Ng called him "a business bridge between the U.S. and Asia." By 2025, East West Bank had over 100 locations in the U.S. and Asia, and more than $78 billion in assets.
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Dominic Ng
Dominic Ng (born 1959) is an American banker. He has been the CEO of Los Angeles-based East West Bank since 1992, and chairman and CEO since 1998, transforming it from a savings and loan association into an international commercial bank. Ng is involved in entertainment and other industries.
Ng is also a philanthropist, supporting East Asian culture and art primarily in Southern California. In 2023, he was chair of the Asia-Pacific Economic Cooperation Business Advisory Council.
Ng was born in the then-British Hong Kong, the youngest of six children. He was part of a wave of Hong Kong students who came to the United States to study in the 1970s, and earned a bachelor's degree in accounting from the University of Houston. Ng became a United States citizen in 1988.
Ng began his career as a Certified Public Accountant with Touche Ross in Houston and Los Angeles. In 1992, Ng became East West Bank's president and CEO. At the time, the bank was a $600 million savings and loan association.
Ng expanded on the bank's original mission of financing underserved Chinese immigrants, growing the bank's business internationally. He leveraged his Asia connections with mainstream American companies and made East West a commercial bank in 1995, allowing it to handle international trade financing. Ng adapted the bank's mission to become what he describes as "the financial bridge between the East and the West".
In 1998, Ng engineered East West Bank's sale in a management-led buyout. He became the bank's chairman that same year. The bank's parent entity, East West Bancorp, went public in 1999. Ng started East West's "Spirit of Ownership" program, whereby every East West employee receives the same amount of stock in the company every year, attributing the bank's sustainable growth in part to this program.
During Ng's tenure, East West has bought several financial institutions. East West doubled its assets after the purchase of its closest competitor, United Commercial Bank, in 2009. The acquisition expanded East West to Atlanta, Boston, New York, and Seattle. While Ng considers Los Angeles "a priority," East West is also active in San Diego, San Francisco, and Silicon Valley, as well as Dallas, Houston, and Las Vegas.
Ng also focuses on biotech, clean technology, private equity, health care, real estate, renewable energy, sustainability financing, and cross-border business. A 2022 Forbes profile of Ng called him "a business bridge between the U.S. and Asia." By 2025, East West Bank had over 100 locations in the U.S. and Asia, and more than $78 billion in assets.