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Sunday, May 19, 2024

Leader’s of Influence: Banking – Robert Setrakian

ROBERT SETRAKIAN
Chairman, Golden State Bank;
Chairman and CEO, Golden State Bancorp

Robert Setrakian was a partner and co-founder of a Fortune-500 company. After completing a successful sale of the company, Setrakian went onto to be the CFO of Converse Bank Armenia, where he served for over four years. Following his tenor at Converse Bank Armenia, Setrakian moved back to the United States where he purchased Golden State Bank (GSB). GSB at the time was a near-failed bank, with total assets of approximately $75 million. Throughout the nine years that Setrakian has spearheaded the bank’s development and growth as executive chairman, the bank has grown to over $750 million.

Today, Setrakian leads a team of over 70 employees and is successfully navigating the banking industry in a niche Southern California market. Setrakian has also been an active member of the Armenian Community. He is a member of the Armenian Educational Foundation that promotes scholarships and educational opportunities to underprivileged students.

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