Center Financial has appointed Douglas Goddard interim chief financial officer (CFO) of the company and its wholly owned subsidiary, Center Bank. He will serve until the bank completes its search for a permanent CFO.
Goddard joins Center Financial with more than 25 years of experience in financial reporting for the commercial banking sector. Most recently, he performed financial management consulting engagements for community banks. Projects involved the integration of financial functions of combining banks in an FDIC-assisted transaction, including the development of the required accounting for those loans acquired as part of the transaction, as well as the implementation of financial systems and reporting enhancements.
From 1997 through 2009, Goddard served as executive vice president and chief financial officer of the former First Federal Bank of California, a multi-billion dollar bank that was based in Los Angeles. During his tenure, he was responsible for finance, treasury, investor relations, accounting and information technology and completed two whole bank acquisitions. He also was involved in several other bank acquisitions in his prior positions at California United Bank in Encino and Community Bank in Pasadena.
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