Malaga Financial Corporation announced the retirement of founding director, Leo Lee, from the Board of Directors. Bowers also announced the appointment of two new directors to the boards, Herbert Ming Chang Lee and Christopher M. Adishian. Mr. Herbert Ming Chang Lee has over 20 years of experience in commercial real estate development and management in Southern California markets, in addition to his background in investment analysis. Christopher M. Adishian joins Malaga Financial Corporation and Malaga Bank boards with impressive legal, financial, and investment experience, including his current legal practice, Adishian Law Group, and as a licensed California real estate broker.