Central Pacific Financial Corp. and Central Pacific Bank Announces Executive Changes
December 06, 2016 at 06:30 pm IST
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On and effective as of November 30, 2016, Mr. Lance Mizumoto provided notice of resignation from his executive positions as Vice-Chair and Chief Operating Officer with Central Pacific Financial Corp. and its subsidiary Central Pacific Bank. In addition, Mr. Mizumoto's resignation includes resignation from his position as a member of the Board of Directors of CPF and CPB, also effective November 30, 2016. Mr. Denis Isono, age 65, who currently serves as Executive Vice President, Corporate Services of CPF and CPB, and who previously served in various executive capacities with CPF and CPB, including Chief Operations Officer and Chief Financial Officer, over the last 14 years, will on an interim basis oversee those areas previously overseen by Mr. Mizumoto.
Central Pacific Financial Corp. is the bank holding company of Central Pacific Bank (the Bank). The Bank is engaged in offering traditional deposit and lending products and services to consumer and business customers, such as accepting demand, money market, savings and time deposits, originating loans, including commercial loans, construction loans, commercial real estate loans, residential mortgage loans, and consumer loans and fiduciary and investment management services. Its investment securities portfolio includes mortgage-backed securities (MBS), other debt securities and equity securities. Its MBS portfolio comprises residential MBS issued by United States government entities and agencies. It offers wealth management products and services, such as non-deposit investment products, annuities, investment management, asset custody and general consultation and planning services. The Bank has over 27 bank branches and 58 ATMs located throughout the State of Hawaii.
CENTRAL PACIFIC FINANCIAL CORP. 
