RBB Bancorp names Rizkalla deputy chief risk officer, resumes share repurchases

RBB Bancorp announced the appointment of Mina Rizkalla as SVP/Sr. BSA Officer and Deputy Chief Risk Officer of RBB Bancorp and its wholly-owned bank subsidiary, Royal Business Bank. Rizkalla will be the head of the Bank’s Bank Secrecy Act department where he will oversee the Bank’s Anti-Money Laundering/Countering the Financing of Terrorism compliance program and assist in the administration of the Bank’s comprehensive risk management programs for assessing, identifying, monitoring, and reducing risks. Rizkalla was previously the EVP & Chief Risk Officer/BSA Officer of Commonwealth Business Bank, which he joined in 2021. He brings significant experience in BSA/AML compliance, including his management of the BSA and compliance departments at CTBC Bank, East West Bank and OneWest Bank. He graduated from California State University, Los Angeles with a Bachelor of Science in Criminology. The Company also announced that it will resume repurchasing shares of its common stock under a 10b5-1 trading plan. The plan is part of the Company’s previously announced one million share repurchase program under which approximately 433,000 shares remain available and authorized for repurchase.