East West Bancorp and East West Bank Appoint Archana Deskus to Board of Directors
October 27, 2019 at 05:30 pm IST
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East West Bancorp, Inc., parent company of East West Bank appointed Archana Deskus, Senior Vice President and Chief Information Officer of Hewlett Packard Enterprise (“HPE”) to its Board of Directors. Ms. Deskus was also appointed to the Board of Directors of East West Bank. The appointment is effective immediately. Ms. Deskus will be a member of the Risk Oversight Committee of both East West Bancorp and East West Bank. With this appointment, East West Bancorp will have nine directors, eight of whom are independent, including Ms. Deskus. Since 2017, Ms. Deskus has been Hewlett Packard’s Chief Information Officer, responsible for HPE’s IT infrastructure and technology resources. Prior to joining HPE, Ms. Deskus held CIO roles at Baker Hughes, Ingersoll-Rand, Timex Corporation and United Technologies Corporation.
East West Bancorp, Inc. is a bank holding company that offers a full range of banking services to individuals and businesses through its subsidiary bank, East West Bank (the Bank). Its segments include Consumer and Business Banking, Commercial Banking and Other. The Consumer and Business Banking segment provides financial products and services to consumer and commercial customers through its domestic branch network and digital banking platforms. This segment also offers consumer and commercial deposits, mortgage and home equity loans, and other products and services. The Commercial Banking segment generates commercial loans and deposits. Commercial loan products include construction finance, commercial business lending, working capital lines of credit, trade finance, letters of credit and others. Commercial deposit products and other financial services include treasury management, foreign exchange services and others. It operates in over 120 locations in the United States and Asia.