By Marie Browning Central Pacific Financial Corp., parent company of Central Pacific Bank, announced the appointment of Raymond “Bill” Wilson to Executive Vice President and Chief Risk Officer for both CPF and CPB. As Chief Risk Officer, Mr. Wilson will be responsible for overseeing the newly consolidated risk management areas of the Bank. This includes Credit Administration, Retail Credit, Legal, Compliance, BSA, Information Security, Fraud Mitigation, and Internal Audit. John C. Dean, Chairman and CEO said, “Bill has done a stellar job in improving our company’s credit risk profile and reducing non-performing assets.” He added that, “By expanding Bill’s role to Chief Risk Officer, I am confident of meeting the evolving challenges that we face in our industry today.” Mr. Wilson previously served as CPB’s Executive Vice President and Chief Credit Officer since 2010. He led the special assets and risk management teams for the Bank and assisted with the Bank’s capital raising efforts. Prior to joining the Bank, he had 15 years of U.S. and international experience in credit risk management in public and private companies. In addition, he has 14 years of credit and lending management experience at a major international financial institution. Mr. Wilson obtained his Bachelor of Science degree in Finance from the University of San Francisco. At present, he is a board member of Easter Seals Hawaii (Chair 2014-2015), Hawaii State Chapter of the American National Red Cross, and Pacific Links Hawaii Foundation. About Central Pacific Financial Corp. Incorporated in 1982, Central Pacific Financial Corp. is a Hawaii-based bank holding company with approximately $4.8 billion in assets. The Company is the holding company for its bank subsidiary, Central Pacific Bank. The Bank operates 36 branches and 115 ATMs in the State of Hawaii. For additional information, please visit the Company’s website at www.centralpacificbank.com.
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