On January 24, 2022, the Board of Directors of BankGuam Holding Company ("the Company") appointed Mr. Symon A. Madrazo as the Company's Chief Financial Officer, effective February 1, 2022. Mr. Madrazo replaces Mr. Francisco M. Atalig who on November 16, 2021 announced his intent to retire from the Company effective at the close of business on December 31, 2021. Mr. Madrazo, age 42, joined the Bank of Guam (the Bank"), a subsidiary of the Company, in May 2001 following his graduation from the University of Guam with a Bachelor of Business Administration in Accounting degree.

He has held various positions in the Bank's Central Finance Office such as Accounting Officer, Investment Officer, and Assistant Controller to his most current responsibility as Vice President/Controller of the Bank of Guam, a position he has held since February 1, 2017. Mr. Madrazo graduated from Pacific Coast Banking School in 2019.