Story Created:
Feb 6, 2009 at 2:20 PM PST
Story Updated:
Feb 6, 2009 at 2:20 PM PST
The parent company of African-American owned Broadway Federal Bank has appointed a new senior executive to run its operations.
Broadway Financial Corporation announced Tuesday that Wayne-Kent A. Bradshaw has joined Broadway Federal as president and chief operating officer. Bradshaw replaces F. Glenn Harvey, who left the position in October 2007.
Bradshaw has over 38 years of financial management experience, most recently as the regional president and national manager for community and external affairs at Washington Mutual.
He served as president and CEO of the Los Angeles-based Family Savings Bank from 1989 until 2002, and held a similar position before that at Founders National Bank.
During his extensive banking career, Bradshaw held the position of chief deputy superintendent for the California State Banking Department, as well as key lending positions at Union Bank and Industrial Bank.
Bradshaw currently serves on the board of Cal State Northridge Foundation and the Northridge Hospital Medical Center Community Advisory Board. He has previously served on the board of the California Bankers Association, the Federal Reserve Board’s Consumer Advisory Council and the California Science Center Foundation.
“He’s one of the smartest and most experienced bankers in the city,” said Broadway chairman and CEO Paul C. Hudson. “He’s like Kobe Bryant — he never misses.”
Quipped Bradshaw in response: “I don’t know about that. I ran track for Arizona. My jump shot was about four inches from the ground.”
He added: “I’m in the second phase of my career and this is ideal opportunity for me. I am very excited about returning to community banking and working with the Broadway team to manage the bank to continued profitability and growth.”
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