Raoul Magana joins CPB to lead Commercial Real Estate and Wholesale Credit

Raoul Magana

<_o3a_p>Photo courtesy: Central Pacific Bank<_o3a_p>

<_o3a_p>

HONOLULU, HI (Sept. 17, 2025) - Central Pacific Bank (CPB) announced today that veteran banker Raoul Magana has joined the bank as Group Senior Vice President and Manager of Commercial Real Estate Lending and Wholesale Credit.

<_o3a_p>"Raoul's extensive experience in both the financial sector and the U.S. Navy will be a great addition to our existing Commercial Real Estate Team," said David Morimoto, Vice Chair and Chief Operating Officer, Central Pacific Bank. <_o3a_p>

Magana is an accomplished leader with 14 years of experience in banking and financial services. He also has 20 years of combined active and reserve service with the United States Navy, retiring with the rank of Commander.<_o3a_p>

He holds a bachelor's degree in foreign service from Georgetown University's School of Foreign Service where he graduated with honors. He earned a master's degree from the University of Hawaii Shidler College of Business. Magana is also a graduate of the Pacific Coast Banking School and holds a Chartered Financial Analyst (CFA) designation.<_o3a_p>

Magana is actively involved in the community, serving as Board Treasurer for the Arcadia Family of Companies and Secretary of the Military Affairs Council of the Chamber of Commerce of Hawaii.<_o3a_p>

# # #<_o3a_p>

About Central Pacific Financial Corp.<_o3a_p>

Central Pacific Financial Corp. is a Hawaii-based bank holding company with approximately $7.37 billion in assets as of June 30, 2025. Central Pacific Bank, its primary subsidiary, operates 27 branches and 55 ATMs in the State of Hawaii. Central Pacific Financial Corp. is traded on the New York Stock Exchange (NYSE) under the symbol "CPF." For additional information, please visit: cpb.bank<_o3a_p>

<_o3a_p>