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""Central Pacific Financial Corp. (CPF)"":http://www.centralpacificbank.com/aboutus/index.shtm has announced the addition of a new executive position within the company's subsidiary, ""Central Pacific Bank""(CPB):http://www.centralpacificbank.com/. The financial institution has appointed Lance Mizumoto to the newly established role of executive vice president and chief banking officer.
[IMAGE]Mizumoto has been a part of CPB since 2005, and most recently, he served as the bank's executive vice president of the
[COLUMN_BREAK]commercial markets group. During his three decade career in the industry, Mizumoto has garnered extensive leadership experience in corporate banking, commercial lending, and trade finance.
In the newly created position, Mizumoto will oversee the bank's strategic direction, and he will also head up the management of sales and customer service functions for commercial banking, commercial real estate lending, wealth management, trust and investments, retail banking, and residential mortgages. Mizumoto will assume his new post as of April 2.
Commenting on the CPB's internal development, John C. Dean, president and CEO for CPF and CPB, said, ""The alignment of our frontline sales and service areas to further enhance our relationship banking model is key to supporting our corporate strategy. Lance brings the high caliber of leadership and expertise needed to achieve our objectives.""
CPB currently operates 34 branches and one residential mortgage subsidiary in the state of Hawaii. The bank's parent company, CPF, boasts an estimated $4.1 billion in assets, and CPF, a holding company, is also based in Hawaii.
