Central Pacific's Risk Chief to Resign; Replacements Named

Central Pacific Financial in Honolulu said its chief risk officer is leaving to join another bank and that it has selected his successors.

Raymond Wilson told the company that he plans to resign Aug. 28 to become the chief executive of a California-based bank, according to a filing Tuesday with the Securities and Exchange Commission. It did not name the bank he is joining.

Two current executives will split Wilson's duties.

Anna Hu, a senior vice president and credit administration division manager for the $4.9 billion-asset bank, will serve as interim chief credit officer, the filing said.

Additionally, Denis Isono, executive vice president of corporate services, will assume the role of interim risk management division manager; he will oversee the noncredit areas formerly supervised by Wilson.

Wilson was appointed chief risk officer in June 2014, a newly created position at the time following the consolidation of different risk management areas including credit administration, retail credit, compliance, Bank Secrecy Act compliance and information security. Before that he had been chief credit officer since 2010.

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