On June 15, 2018, Hanmi Financial Corporation announced that C. G. Kum will retire as Chief Executive Officer of Hanmi and Hanmi Bank, effective in May 2019. Mr. Kum will remain on the Board of Directors of Hanmi and Hanmi Bank until May 2019. On June 15, 2018, Bonita Lee was named the President of Hanmi and Hanmi Bank.

Ms. Lee has served as Senior Executive Vice President and Chief Operating Officer of Hanmi and Hanmi Bank since August 2013. Prior to joining Hanmi Bank, Ms. Lee was the Senior Executive Vice President and Chief Operating Officer of BBCN Bank and BBCN Bancorp Inc., where she was named Acting President and Chief Operating Officer from February 2013 to April 2013 and carried out the duties of the Chief Executive Officer during a management transition period at BBCN Bank.