Commercial Bank of California

915 Wilshire Boulevard
Suite 1000 
Los Angeles, CA 90017 

d. (310) 882-4813 

 

rbasu@cbcal.com

https://www.cbcal.com

HIGHRISE GROUP:

West Los Angeles II

Romit Basu

Senior Vice President

(Credit administration)

Background 

Have worked for more than 25 years in all areas of banking services and business development. Possesses expertise in credit management, and regulatory compliance. Have successfully developed strong business relationships and effectively managed classified asset portfolios in various banks. 

PRODESSIONAL BACKGROUND 

SENIOR VICE PRESIDENT (CREDIT ADMINISTRATION)

COMMERCIAL BANK OF CALIFORNIA

Sept 2015 to present. 

- Responsible for Managing the Classified assets portfolio of the Bank. Was successful in reducing the classified assets portfolio from $27MM in September 2015 to $ 3.0MM by December 2019. Besides reducing the classified assets portfolio of the bank, originated $82.00MM in new loans during the period Sept 2015 to December 2019. 

SENIOR VICE PRESIDENT AND CHIEF CREDIT OFFICER 

STATE BANK OF INDIA (CALIFORNIA)

May 2008 to August 2015

- Provided support and direction to ensure the overall credit quality of the bank's loan portfolio. Primarily responsible for preparation/ ongoing review/ update of the credit policy and procedures. Reviewed and recommended approval or decline of loans as member of the loan committees. Ensured adequate allowances for loans and lease loss reserve which was reported to the Board of Directors. Liaised with 10 branches in California & Washington, D.C for marketing loan products. 

VICE PRESIDENT - COMMERCIAL LENDING

CHINATRUST BANK (USA)

September 2006 to April 2008

- Appointed to develop c & l lending portfolio of the bank. Achieved annual lending target of $17.5MM in each of the two years with bank. 

SENIOR VICE PRESIDENT AND CHIEF CREDIT OFFICER

STATE BANK OF INDIA (CALIFORNIA)

Nov 2003 - Aug2006 

- Provided support and direction to ensure the overall credit quality of the bank's loan portfolio. During years 2003 - 2008 Bank achieved a "2 "rating in Asset quality from DBO and FDIC 

GENERAL MANAGER

BANK NIAGA 

Jan 1992- October 2003 

-Supervised the complete operation of the bank in Los Angeles, including regulatory compliance, operational efficiency, and adherence to policies and procedures. Oversaw business development initiatives. Restructured and organized operating departments as needed to obtain optimum efficiency. Developed and maintained departmental operations manuals. Directed staff training and development initiatives. Established, developed and maintained profitable and mutually beneficial client relationships. 

Highrise Networks, Inc.

800 S. Figueroa, Suite 925

Los Angeles, CA 90017

 

member.services@highrisenetworks.com

(213) 712-9080

 

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