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Sung Won Sohn is an internationally-known economist. Dr. Sohn is president of SS Economics, an economic consulting firm focused on the U.S. economy, international trade in the pacific-rim and technology including AI. Dr. Sohn was the President and Chief Executive Officer of Hanmi Financial Corporation, a commercial bank in Los Angeles. Before joining Hanmi in 2005, Dr. Sohn was an Executive Vice President and Chief Economic Officer at Wells Fargo Banks. He was also Vice Chairman of the Board at a retailer Forever 21. Dr. Sohn also serves as Commissioner for LACERS (Los Angeles City Employee Retirement System) and Chair of the Investment Committee, managing $17 billion in assets. He currently serves on the Board of Directors for Western Alliance Bancorporation, and National Association of Corporate Directors PSW.
Dr. Sohn was Martin V. Smith Professor of Economics at California State University CI and director of Institute for Global Economic Research (IGER) forecasting economic and investment conditions in the Pacific-rim countries.
Prior to Wells Fargo, Dr. Sohn was a Senior Economist on the President's Council of Economic Advisors in The White House. He was responsible for economic and legislative matters pertaining to The Federal Reserve and financial markets. Dr. Sohn has also been a tenured professor in Pennsylvania State University System.
In 2001, Bloomberg News selected Dr. Sohn as one of the five most accurate forecasters in the United States. In 2002, Blue Chip Publications picked him as the most accurate forecaster for the Western States, and he was named to Time Magazine's Board of Economists. In 2006, The Wall Street Journal featured a story naming Dr. Sohn as the most accurate economist in the United States. This is one of the most prestigious honors in the economics profession.
He is the author of two books: Global Financial Crisis and Exit Strategy (2009) and The New Economy (2014).
Harvard Business School: P.M.D., Management
University of Pittsburgh: Ph.D., Economics
Wayne State University: M.A., Economics
University of Florida: B.A., Economics and Statistics
Areas of Expertise (3)
Banking & Financial Services
Media Appearances (1)
U.S. Job Growth Slows; Millions Experiencing Long Bouts Of Unemployment
Sung Won Sohn was quoted in a Reuters article titled “U.S. Job Growth Slows; Millions Experiencing Long Bouts Of Unemployment.”
Event Appearances (1)
Milken Institute Global Conference
2020 Global Conference Virtual