RBB Bancorp has appointed Mina Rizkalla as Senior Vice President and Senior BSA Officer. Rizkalla will also serve as the Deputy Chief Risk Officer. In her new role, she will oversee the Bank's BSA department and assist in risk management programs. Additionally, the company has announced the resumption of share repurchases under a 10b5-1 trading plan.
RBB Bancorp's decision to hire Mina Rizkalla as the Senior BSA Officer demonstrates the company's commitment to strengthening its risk management practices and ensuring compliance with the Bank Secrecy Act. With her extensive experience in risk management, Rizkalla is well-equipped to lead the BSA department and contribute to the overall risk management strategy of the bank. The appointment of Rizkalla reflects RBB Bancorp's dedication to maintaining a robust risk management framework.
Furthermore, the company's decision to resume share repurchases highlights its confidence in its financial position and long-term growth prospects. The resumption of share repurchases under a 10b5-1 trading plan allows the company to repurchase its shares in a systematic and pre-determined manner, providing value to its shareholders.
Overall, RBB Bancorp's hiring of Mina Rizkalla as the Senior BSA Officer and the resumption of share repurchases demonstrate the company's commitment to risk management and its confidence in its financial strength and growth potential.
Source: [Wire19](https://wire19.com/rbb-bancorp-hires-mina-rizkalla-as-senior-bsa-officer-and-resumes-share-repurchases/) [914b9fd8]