UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 15, 2006
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Nara Bancorp, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 000-50245 95-4170121
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
3701 Wilshire Boulevard, Suite 220, Los Angeles, CA 90010
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (213) 639-1700
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(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
On February 15, 2006, Mr. Ho Yang submitted his resignation as a member of the
Board of Directors and as President and Chief Executive Officer of Nara Bancorp,
Inc. (the "Company") and its subsidiary Nara Bank, effective as of March 15,
2006. The Board intends to name an interim President and CEO shortly to serve
after Mr. Yang's departure until a permanent President and CEO is found. During
the transition period, the Board will also work closely with the executive
management team to oversee key decisions being made at the Company.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
99.1 Press release issued by Nara Bancorp, Inc. dated February 16, 2006.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Nara Bancorp, Inc.
Date: February 16, 2006 __________________/S/________________
Alvin Kang
Executive Vice President and
Chief Financial Officer
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