||Mr Chan Heng Fai
Mr Chan Heng Fai has restructured over 35 companies in different industries and countries
in the past 40 years.
In 1987, Mr Chan Heng Fai acquired American Pacific Bank, a full service U.S. commercial
bank, out of bankruptcy. He recapitalised, refocused and grew the bank’s operations. Under
his guidance, American Pacific Bank became a US NASDAQ high asset quality bank, with
zero loan losses for over 5 consecutive years before it was ultimately bought and merged
into Riverview Bancorp Inc. Prior to its merger with Riverview Bancorp Inc., in June 2004,
American Pacific Bank was ranked #13 by the Seattle Times “Annual Northwest’s Top 100
Public Companies” for the year 2003, and ranked #6 in the Oregon state [for the year 2003],
which ranked ahead of names such as Nike, Microsoft, Costco, AT&T Wireless and
In 1997, Mr Chan Heng Fai acquired and ran a regional investment banking and securities
broking-dealing business headquartered in Denver, with 12 offices throughout USA.