Leadership

Ms. Lagomarsino serves as President and Chief Executive Officer of Luther Burbank Savings. She leads the Executive Committee and is a member of Luther Burbank Corporation’s board of directors. Prior to joining in 2019, Ms. Lagomarsino served as President and CEO of the Western Bankers Association and as a director of Pacific Premier Bancorp; from 2011 to 2017 she served as CEO of Heritage Oaks Bank and as President and CEO of Heritage Oaks Bancorp; previous to that she held executive positions with City National Bank, Hawthorne Savings, Kinecta Federal Credit Union, Ventura County National Bank and Warner Center Bank. Ms. Lagomarsino is regularly honored in financial services industry organizations and publications and in 2013 was named by American Banker as Community Banker of the Year.

In addition to her role at Luther Burbank, Ms. Lagomarsino serves as Chair of the board of directors of the Federal Home Loan Bank of San Francisco and on the boards of directors of the Federal Reserve Bank of San Francisco. Ms. Lagomarsino holds an M.B.A in Finance from Claremont Graduate University and a B.A. in Economics from Claremont McKenna College.

F. Daniel Siciliano is a Stanford Law School fellow (CodeX/Fintech) and was the co-founder of Stanford’s Rock Center for Corporate Governance. He has been an independent director since January 1, 2017 and served as chair of FHLBank San Francisco’s board for 2020 and 2021. At Stanford, prior to his fellow role, he served as professor of the practice of law, faculty director of the Rock Center for Corporate Governance, and associate dean for executive education and special programs at Stanford Law School. Mr. Siciliano is currently the chair of the boards of the American Immigration Council and Silicon Valley Directors’ Exchange, visiting professor for the Corporate Governance Center and Law School of Pontificia Universidad Católica de Chile, and a board member of the Latino Corporate Directors Education Foundation. He was co-founder, chief executive officer, and executive chairman of LawLogix Group, Inc., an Inc 500 ranked privately held software technology company, from 2000 to 2015.

David Adame serves as president and CEO of Chicanos Por La Causa (CPLC), one of the nation’s largest community development corporations. Mr. Adame served as COO and CFO before taking on the position of president and CEO. Under his leadership, CPLC has experienced significant growth and expansion in Arizona, Nevada, New Mexico, California, Texas, and Mexico. Mr. Adame was vice president of Arizona operations for McCormack Baron & Salazar, responsible for overseeing the firm’s role in Henson Village, a HOPE VI project in Phoenix. He served as senior deputy director of Fannie Mae’s Arizona partnership office from 1997 to 2003. Prior to that, he worked at JPMorgan Chase & Co. (then called Bank One Arizona) for eight years.

Mr. Adame holds a B.S. in business from Arizona State University and an M.B.A. from the Arizona State University School of Global Management. He was awarded an honorary doctorate in humane letters from the University of Arizona and an honorary doctorate from Universidad Nacional Autónoma de México (UNAM, or the National Autonomous University of Mexico).

Mr. Adame has served on the Bank’s Affordable Housing Advisory Council since 2016.

Founder and Outside General Counsel, Akhlaghi Law

Banafsheh Akhlaghi has over 20 years of experience as founder of a civil rights nonprofit, consultant to the United Nations, regional director with Amnesty International, and founder of an international private law practice. Her expertise includes Environmental, Social, Governance (ESG), Risk Management, Legal & Business Strategy, Diversity & Inclusion, and Public Policy.

Currently, she is co-chair, and a member since 2010, of the Legal Services Trust Fund Commission of the State Bar of California, focusing on legal advocacy for underserved and underrepresented populations and homelessness prevention.

Jeffrey K. Ball is the president and chief executive officer of the Orange County Business Council where he represents the interests of local businesses and organizations in promoting the region’s economic prosperity. He is the founder of First Pacific Bank in Whittier, where he previously served as president and chief executive officer and is currently vice chair. Prior to opening First Pacific Bank, he held several officer positions with BankAmerica Corporation focused on both commercial and investment banking. Mr. Ball is a leading advocate for the importance of Financial Education in all communities and was the lead petitioner in the establishment of Kinetic Academy, a K-8 charter school located in Huntington Beach, Calif., where he currently serves as vice chair. Mr. Ball is a past chair of the California Bankers Association and Kinetic Academy, past president of the Whittier Host Lions Club and past founding chair of the Whittier Union High School District Foundation. He currently serves on the board of directors for Mobility21 and is chair of the Audit Committee on the board of Data Center, Inc. Mr. Ball is also a member by appointment of the Legal Services Trust Fund Commission of the California State Bar which he previously chaired, is a public member of the Accrediting Commission for Community and Junior Colleges and serves on the Board of Governors of the Los Angeles Area Chamber of Commerce. Mr. Ball has a Master’s in Business Administration from Whittier College, a Bachelor of Arts degree from the University of Puget Sound.

Marangal (Marito) Domingo has been the chief investment officer and chief credit officer of First Technology Federal Credit Union, Mountain View, California, since March 2013. Prior to that, he was executive vice president and chief financial officer of Pacific Trust Bank from 2011 to 2012. Mr. Domingo has over 20 years of experience in banking, including serving as chief financial officer for Doral Bank, senior vice president of finance of Treasury Bank, chief executive officer of Downey Savings, head of capital markets for Washington Mutual Bank, and treasurer for American Savings. He has also served on the Mortgage Bankers Association’s Residential Board of Governors, and as a member of the board of directors for the National Equity Fund, Greater Los Angeles Chamber of Commerce, and the Beaverton Education Foundation.

Ana E. Fonseca Ms. Fonseca has 36 years’ experience in the financial services industry and has been the president and chief executive officer of Logix Federal Credit Union, Valencia, California, since January 2019. From April 2002 through December 2018, she held leadership roles including executive vice president/chief operating officer and executive vice president/chief financial officer. She is experienced in developing and executing strategies to achieve long term profitable growth, sustain high levels of customer delight, and build high performing teams and has overseen fiscal operations, sales and revenue growth, customer service/experience, lending, risk management, facilities management, information technology, data and financial analytics and business operations.

Ms. Fonseca holds an M.B.A. from Pepperdine Graziadio Business School and a B.A. from University of Phoenix and has studied Executive Leadership at the Stanford University Graduate School of Business.

Lori R. Gay has been president and chief executive officer of the Neighborhood Housing Services of Los Angeles County (NHS) since 1991. Ms. Gay has served on numerous boards of directors including the Federal Reserve Bank of San Francisco, Los Angeles Branch, the California Organized Investment Network and the California Housing Finance Agency.

Melinda Guzman has been chief executive officer of Melinda Guzman Professional Corporation, Sacramento, California, since 2009. She was a partner with Freeman & Guzman, LLP, a law firm in Sacramento, from 1999 to 2015. Prior to that, she was a partner with Diepenbrock, Wulff, Plant & Hannegan, LLP, also a law firm in Sacramento. Ms. Guzman's practice focuses on tort, labor, insurance, and commercial matters. She previously served on the Bank’s board of directors from April 2007 through December 2008.

Matthew Hendricksen is senior vice president, treasury and investments, at Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company, and Cerity Insurance Company, in Reno, Nevada. Mr. Hendricksen has been with the Employers group since May 2012. Prior to that, he was a portfolio manager and derivative trader at AIG from 2003 to 2012. During his 18-year career, Mr. Hendricksen has specialized in investments, derivatives, risk management, and insurance regulations.

Chang M. Liu is president and CEO of Cathay Bank and its holding company Cathay General Bancorp, where he serves on both entities’ board of directors.

Mr. Liu has over 31 years of experience in the financial services industry. Mr. Liu joined Cathay Bank in 2014 as senior vice president and assistant chief lending officer. He has held various leadership positions of increasing responsibilities, including executive vice president and chief lending officer in 2016 and chief operating officer in 2018. 

Before being named president, Mr. Liu was responsible for managing and overseeing all commercial and real estate lending, business development, and various operations. Mr. Liu also serves as a member of the Western Bankers Association board of directors and the American Cancer Society’s CEOs Against Cancer group, on the board of advisors for the UCLA Anderson Forecast, and serves on the board of directors of Foothill Family Service.

Kevin Murray has been a principal in The Murray Group, a legal and consulting firm, since its founding in December 2006. Since May 2011, Mr. Murray has served as the president and chief executive officer of the Weingart Center Association. Mr. Murray was senior vice president of the William Morris Agency, Beverly Hills, California, from January 2007 to June 2009, working primarily in the company's corporate consulting division. Mr. Murray served as a California State Senator from December 1998 until November 2006, and as a California State Assembly member from December 1994 until November 1998. Prior to serving in the California State Legislature, Mr. Murray practiced law.

Joan C. Opp has been the president and chief executive officer of Stanford Federal Credit Union, Palo Alto, California, since May 2010. From February 2002 to April 2010, she was executive vice president and chief financial officer for Texas Trust Credit Union overseeing accounting, information technology, marketing and business services, as well as three credit union service organizations. Prior to that, Ms. Opp was a partner with the CPA firm of Clifton Gunderson, LLP, and is a Certified Public Accountant. Ms. Opp serves on the board of directors of COOP Financial.

Brian M. Riley has been a director of Oxford Life Insurance Company, Phoenix, Arizona, since November 2019. Previously he was president and chief executive officer of State Bank of Arizona (formerly Mohave State Bank), Lake Havasu City, Arizona, from March 2009 until February 2020. He also served as director, president, and chief executive officer of State Bank Corp., the holding company for State Bank of Arizona, from March 2009 to February 2020. Mr. Riley has also served as a director of Clearinghouse CDFI, Lake Forest, California, since August 2018. He was the chief financial officer of Mohave State Bank from April 2008 to March 2009. Prior to that, he was chief executive officer of Harbor Bank and Trust, a financial institution in organization in Southport, Connecticut. Mr. Riley has over 30 years of experience in banking including serving as president and chief executive officer of PriVest Bank, Costa Mesa, California, and holding other executive positions with Provident Savings Bank, Riverside, California, and Metro Commerce Bank, San Rafael, California. Mr. Riley is a director of the Arizona Bankers Association.

Gary L. Trujillo is the founder and serves as president and CEO of Southwest Harvard Group, LLC, an investment firm and family office in Phoenix, Arizona. He is also executive chairman of the Standard Printing Company, Inc.

Mr. Trujillo has been a serial entrepreneur for over 30 years with significant experience as a CEO, financier, founder, operator, and independent corporate board member, including serving on three publicly traded company boards and multiple privately owned company boards in the technology, healthcare, auto, real estate, and financial services industries. Mr. Trujillo is also recognized nationally as a dedicated community leader, having co-founded the Be A Leader Foundation in 2002, an education-focused nonprofit serving more than 14,000 students per year.