Mizumoto joined the company in 2005, and is currently shouldering the responsibilities as executive vice president of the Commercial Markets Group.
CPF and CPB president and chief executive officer John Dean said Lance brings the high caliber of leadership and expertise needed to achieve the company’s objectives.
"The alignment of our frontline sales and service areas to further enhance our relationship banking model is key to supporting our corporate strategy," said Dean.
With 30 years of experience in banking, Lance primarily has expertise in corporate banking, commercial lending, and trade finance in the Hawaii market, including serving in senior and executive management positions at other financial institutions as well as CPB.
As a executive vice president and chief banking officer at Central Pacific, Mizumoto will look after the organization-wide strategic direction and management of the sales and customer service functions in commercial banking, commercial real estate lending, wealth management, trust and investments, retail banking and residential mortgages.
Central Pacific Financial, a bank holding company with nearly $4.1bn in assets, provides banking services through its primary subsidiary Central Pacific Bank and operates 34 branches, 120 ATMs in US.