Catherine «Cathy» Camp, Senior Group Vice President and Division Manager, Commercial Real Estate Loans to the Executive Vice President, Real Estate. In this role, Mr. Camp will oversee the bank`s commercial real estate and home loan divisions. Brandt Farias, Senior Vice President, Marketing Division, as Executive Vice President and Chief Marketing Officer. In this role, in addition to marketing, where he is responsible for brand management, advertising communications, automation, digital and social media, Farias will oversee the bank`s digital products, loans, deposits and fees. Ching, 56, joined PWCB in 2002 as legal counsel and has worked in the financial services industry since 1992 in the legal and compliance areas. Previously, he practiced private law at the law firm ashford & Wriston in Honolulu, Hawaii, specializing in real estate and banking law. Ching also served in the United States Air Force and held the rank of captain. A graduate of the United States Air Force Academy, Ching also earned his MASTER of Business Administration from the University of North Dakota, his Juris Doctor from the University of Hawaii School of Law, and is a licensed attorney in the state of Hawaii. Ching is also a director and board member of the Better Business Bureau of Hawaii. In his new role as President and Chief Operating Officer, Arnold will lead the bank`s day-to-day operations and continue to serve on the Executive Committee. He joined CPB in 2004 and has held various leadership positions within the company, most recently as Executive Vice President and Chief Banking Officer.

Dayna Matsumoto, Senior Vice President and Controller, as Senior Vice President and Group Controller. In this role, Matsumoto will oversee the bank`s controllers, financial planning and analysis, treasury, real estate and business continuity. Central Pacific Financial Corp (NYSE: CPF), the parent company of Central Pacific Bank, announced the appointment of Glenn K.C. Ching as Executive Vice President, Chief Legal Officer and Division Head of Risk Management, effective January 1, 2016. David Morimoto has been promoted from Executive Vice President and Chief Financial Officer of CPF and CPB to Senior Executive Vice President and Chief Financial Officer of both companies. David has over 30 years of experience in the banking industry after starting his career at CPB in 1991. Previously, he was treasurer of the bank for over 10 years and has extensive experience in asset/liability management and investment portfolio management. «Arnold was an effective leader,» Catherine said. «Under his leadership, the Pacific Central Bank has issued more PPP loans than any other local bank, and as a percentage of loans made among lenders in Hawaii, we have issued more PPP loans than any other lender in the country.

He has my full support and I look forward to working with him to help the bank achieve even greater success in the future. » BANKING AND CREDIT NEWS-November 18, 2015-Central Pacific Financial Appoints Executive Vice President/Chief Legal Officer «Catherine and I look forward to working with Arnold to continue our tradition of performance and success while continuing to focus on service and value for customers, employees and shareholders,» Paul said. «Each of the people on the management team has played a key role in the Success of the Pacific Central Bank in recent years, leading the bank to new heights in financial performance. Together, they led the implementation of RISE2020, a multi-faceted ,40 million-dollar initiative designed to strengthen our market position by investing in our branches, ATMs and digital product offerings, as well as redeveloping our landmark in downtown Honolulu. HONOLULU, HI, March 22, 2011 – The Pacific Central Bank has honored its Senior Vice President, General Counsel and Corporate Secretary, Glenn Ching, for his outstanding contributions to the bank during its recent $325 million capital increase. Ching was recognized for playing a key role in the success of the bank`s capital increase and for helping to lead the company through difficult times in recent years. About the Pacific Central Bank The Pacific Central Bank is the principal subsidiary of Central Pacific Financial Corp. (NYSE: CPF), a Hawaii-based bank holding company with $3.9 billion in assets. Central Pacific Bank operates 34 branches, 120 ATMs and a mortgage subsidiary in the state of Hawaii.

For more information, please visit the company`s website at www.centralpacificbank.com. Catherine is appointed Deputy Managing Director of the bank and the holding company. She will continue to be a member of the Executive Committee, which oversees the management of the Bank. She is looking forward to Arnold`s new role. On February 15, 1954, their hard work and passion paid off with the opening of the Pacific Central Bank in downtown Honolulu. Our founders were eager to help local families and small businesses that the banks were unaware of. Since then, we have been championing inclusion, opportunity and the right thing. We are proud to continue our ancestors` mission to serve all Hawaiian people with Aloha.

We continue to believe that a rising tide lifts all boats. And we are committed to the financial health of our customers so that together we can build a stronger Hawaii. Our values are more than just lofty words. They are part of our heritage. Learn more about our legacy. Community Reinvestment ActIn 1977, Congress passed the Community Reinvestment Act (CRA) to encourage government-insured banks and savings banks to meet the credit needs of their entire community. Forward-Looking Statements This document may contain forward-looking statements regarding expectations regarding the future performance of our management team and other employees, forecasts of revenues, profits and losses, gains and losses per share, capital expenditures, dividends, capital structure or other financial items, management`s plans and objectives for future operations, future economic performance, overall expectations regarding the Company`s future performance, included. or any of the assumptions underlying or relating to any of the foregoing assumptions. Forward-looking statements can be identified by the fact that they do not relate solely to historical or current facts and may include the words «believes», «plans», «expects», «anticipates», «anticipates», «intends», «hopes», «should», «estimates» or words with similar meanings. Although the Company believes that our forward-looking statements and the assumptions on which they are based are reasonably supported, these statements and assumptions are inherently subject to risks and uncertainties and may subsequently prove to be inaccurate or incorrect.