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Central Pacific Adding to Company Directorship

As the new year chugs along, ""Central Pacific Financial Corp."":https://www.centralpacificbank.com/ (CPF) has added to its leadership with the announcement that Duane K. Kurisu will join the company's board of directors.


With his appointment to CPF's board, Kurisu will now be serving as a director for both CPF and company subsidiary, ""Central Pacific Bank"":https://www.centralpacificbank.com/ (CPB).


Kurisu has been a member of CPB's board of directors since the third-quarter of 2004, and his diverse industry experience includes real estate investment and management in Hawaii, where CPF is based, and abroad. Currently, Kurisu is the chairman, CEO, and owner of Hawaiian holding company, ""aio"":www.aiohawaii.com/.

Earlier in his career, Kurisu acted as an owner, manager, and investor for numerous property developments in the commercial sector. He has previously operated various office, shopping, and industrial complexes throughout Hawaii and Washington.

As an active member of the board for companies such as ""Island Holdings"":http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=4271479 and ""Oahu Publications"":http://www.oahupublications.com/, Kurisu has worked extensively in directorship. Additionally, Kurisu holds positions on the boards of multiple community organizations throughout Hawaii, and he is a former regent for the ""University of Hawaii"":www.hawaii.edu/.

CPF boasts an estimated $4.1 billion in assets, and through subsidiary CPB, the financial institution operates 34 branches and 120 automated teller machines. The parent company also possesses a residential mortgage subsidiary within the state of Hawaii.


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