[Congressional Record Volume 158, Number 50 (Tuesday, March 27, 2012)]
[Extensions of Remarks]
[Page E451]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




     RECOGNIZING MARK ZHAO ON BEING NAMED THE U.S. SMALL BUSINESS 
   ADMINISTRATION'S MINORITY SMALL BUSINESS CHAMPION OF YEAR FOR 2012

                                 ______
                                 

                       HON. MADELEINE Z. BORDALLO

                                of guam

                    in the house of representatives

                        Tuesday, March 27, 2012

  Ms. BORDALLO. Mr. Speaker, I rise today to recognize Mr. Mark M. Y. 
Zhao for receiving the U.S. Small Business Administration's 2012 
Minority Small Business Champion of the Year Award. Mark is the 
Executive Director of the Westpac Institute of Management on Guam, and 
has a strong background in banking and finance.
  Mark graduated from the University of Guam in 1986 and soon became a 
banking officer for the Bank of Hawaii. In this capacity, he worked 
hard to develop and grow Guam's access to the Chinese market. Mark 
worked to meet the needs of small business owners by eliminating 
language and cultural barriers that existed between the bank and its 
customers of Chinese descent. These efforts earned him the position of 
Vice President for Corporate Lending at the Bank of Hawaii, which he 
held until 2001.
  Following his banking career, Mark used his financial and 
entrepreneurial expertise to establish the Westpac Institute on Guam. 
This institute has helped hundreds of entrepreneurs in the local 
community, especially the minority segments on Guam, by providing them 
with the education and resources needed to develop their skills.
  Further, Mark is an active member of the Chinese Chamber of Commerce 
on Guam, where he serves as the Chairman of the Real Estate and 
Education Committees. He also uses his expertise to promote programs 
that support the education of our young people and the development of 
Guam's economy. Additionally, Mark is a member of the Governor's 
Council of Economic Advisers and a Life Member of the Navy League of 
the United States.
  I commend Mr. Mark M. Y. Zhao for his work in addressing the needs of 
Guam's small business community, and for being named the SBA's Minority 
Small Business Champion of the Year for 2012. I join our island in 
thanking him for his contributions to our community, and I wish him 
continued success with the Westpac Institute.

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