MetroCity Bankshares ( (MCBS) ) has issued an update.
MetroCity Bankshares, Inc. has announced the appointment of Mr. John Paek as a new board member for both the company and its subsidiary, Metro City Bank. With a rich background in law and taxation, Mr. Paek brings extensive experience from his previous roles at Deloitte Tax LLP and Baker McKenzie LLP. Despite his impressive credentials, it’s noted that he is not considered independent due to his familial relation to the Chairman and CEO, Mr. Nack Paek. Mr. Paek’s director compensation aligns with that of his fellow board members.
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