Scott Polakoff’s principal occupation is serving on the board of directors of RBB Bancorp (NASDAQ: RBB), a Chinese/American bank holding company based in Los Angeles, CA (“RBB”) and its primary operating subsidiary, Royal Business Bank (the “Bank”). Mr. Polakoff currently serves as Chair of the companies’ Audit Committees, a member of the companies’ Asset/Liability Committees, Nominating and Governance Committees, and Compensation Committees.
Mr. Polakoff also serves on the Board for FinPro, Inc., a full-service management consulting firm. From 2011 until his retirement in December 2023, he was an executive vice president for FinPro. Prior to FinPro, Mr. Polakoff served as a Principal of the Bank Regulatory Group at Booz Allen Hamilton Inc., from 2009 to 2011.
Mr. Polakoff has extensive bank regulatory expertise. He began his career at the FDIC in 1983, where he progressed through the ranks and served as the Chicago Regional Director from 1998 to 2005. He then transferred to the United States Treasury Department and was selected to be the Chief Operating Officer of the Office of Thrift Supervision from 2005 to 2009.
Mr. Polakoff has taught at GSBC’s Annual School Session since 2012 and its Executive Development Institute for Community Bankers since 2015. He received a B.S. in Accounting from West Chester University and graduated from the Southwestern Graduate School of Banking at Southern Methodist University. He is a graduate of the Federal Executive Institute’s “Leadership for a Democratic Society” and the Management Certification Program at Loyola University. In addition, Mr. Polakoff is FINRA registered with Series 24, 79, and 63 licenses and is a Certified Anti-Money Laundering Specialist (CAMS).