Karl Pan

Karl Pan is the chief financial officer for the Port of Los Angeles, the number one containerport in the nation and — with its AA and Aa2 bond rating — the highest-rated U.S. seaport operating without tax support. Appointed in February 2008, he directly oversees the Port’s Finance Division, which includes the Accounting and Budget, Debt Management, Financial Management, Management Audit and Risk Management sections and associated functions.Pan brings to the post 29 years of domestic and international finance experience in commercial lending, risk management, operatiional and capital planning, marketing, and economic resources allocation. Prior to his appointment to the Port, Pan served as the deputy executive director of finance at Los Angeles World Airports (LAWA), a position he held since April 2006. He previously served as the acting chief financial officer at LAWA since September 2005. Pan moved to that position after having served as financial manager of LAWA’s Debt and Treasury Management division since January 2004. As financial manager, his responsibilities included overseeing debt management, rates and charges and capital programs. He also oversaw LAWA’s grant and passenger facilities charge activities.Prior to his position with LAWA, Pan served as an executive vice president at the Bank of Hawaii in Honolulu where he was on the management committee and in charge of the bank’s Global Market. His responsibilities included oversight of more than 40 branches across the Asia-Pacific region, an operating budget of $90 million, and management of nearly $5 billion in assets. He also previously worked for Chemical Bank in New York and the Bank of China in Los Angeles. Pan holds an M.B.A. in finance from the University of California, Los Angeles and a bachelor’s degree in liberal arts from the University of Texas, Austin.