East West Bank’s CEO Dominic Ng may lead one of the larger banks in the country, but for most of his career he stayed out of the national limelight and — very deliberately — out of national politics.
“I never got involved,” Ng said in an interview from the bank’s Pasadena headquarters. “I just thought that it was beyond my scope.”
But after four years of a Trump White House and its racist rhetoric, Ng decided to step up. A longtime registered Republican, Ng generously supported Biden’s presidential bid. And when the Biden administration came calling last year to ask him to advise U.S. officials for the Asia-Pacific Economic Cooperation forum, Ng said yes.
Dominic Ng, CEO of East West Bank, which was founded in Los Angeles to serve Chinese Americans.
(Samanta Helou Hernandez
/
LAist)
It’s a plum assignment for Ng, who sees his bank as a financial and cultural bridge between the U.S. and Asia. With the U.S. hosting the APEC summit this year, Ng has assumed the chairmanship of APEC’s business advisory council. The role puts Ng front and center, along with the bank he helped build from its modest beginnings in L.A.’s Chinatown into an institution holding more than $60 billion in assets.
But this career highlight has come with unexpected attacks from the right.
Last month, six Republican House members, led by Texas Rep. Lance Gooden, called for an…
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