Central Pacific Financial in Honolulu has named Catherine Ngo chief executive and also appointed a new chief financial officer.
Ngo will become CEO of both the holding company and the $5 billion-asset Central Pacific Bank, effective July 1. She also will become a director of both entities. Ngo will succeed John Dean, who will remain chairman.
The 54-year-old Ngo has been president and chief operating officer of both Central Pacific Bank and the holding company since June 2014, and previously had been chief administrative officer since 2010. Ngo came to Central Pacific from the venture capital firm Startup Capital Ventures. She also worked at Silicon Valley Bank, under Dean, as general counsel from 1993 to 2005.
David Morimoto will be promoted to chief financial officer and also retain his existing role as treasurer. Morimoto will succeed Denis Isono as CFO; Isono has been named executive vice president of corporate services. Morimoto has been with the company since 1991.
Additionally, Chief Banking Officer Lance Mizumoto was named to the bank and holding company's boards.