Central Pacific Bank Appoints Arnold Martines to Chief Banking Officer

HONOLULU, HI | June 2, 2020 – Central Pacific Financial Corp. (NYSE: CPF), parent company of Central Pacific Bank (CPB), has appointed Arnold Martines to Executive Vice President and Chief Banking Officer, effective June 1, 2020.

Martines has been with CPB since 2004, most recently as Group Executive Vice President. He has over 25 years of banking experience, including leadership roles in the commercial, real estate, retail, and credit areas. As Chief Banking Officer, Martines will be responsible for the strategic direction and management of all revenue and customer-facing business units.

“Throughout his career, Arnold has focused on bringing value to customer relationships. In response to COVID-19 and under Arnold’s guidance, CPB has delivered upon our unwavering promise of exceptional customer service even amidst economic and community challenges and uncertainty,” said Paul Yonamine, Chairman. “Under his leadership, CPB has made Payroll Protection Program loans to thousands of small businesses, and with this, helped save jobs in Hawaii."

"Arnold has earned respect from colleagues and trust from the many clients he’s helped and guided in his years as a banker," said Catherine Ngo, President. "We are grateful for his commitment to CPB, our customers, and our community. We look forward to his continued leadership in driving growth for our company, as well as positive change in our bank and in the community.”

Martines has a Bachelor of Business Administration degree from University of Hawaii at Manoa and graduated from the Pacific Coast Banking School. Martines is chair of Child and Family Service and serves on the boards for Aloha Council Boy Scouts of America, American Heart Association – Hawaii Division, and the Chamber of Commerce Hawaii.