Dr. Diane Paloma Appointed to Central Pacific Financial Corp. and Central Pacific Bank Board of Directors: A New Role for a Local Business Pioneer

Central Pacific Financial Corp. Appoints Diane Paloma to Board of Directors

Central Pacific Financial Corp. (CPF), the parent company of Central Pacific Bank (CPB), made an exciting announcement on January 28, 2025. They welcomed local business leader, Diane Paloma, PhD, to their Board of Directors for both CPF and CPB.

Background of Diane Paloma

Arnold Martines, Chairman, President, and CEO of both Central Pacific Financial Corp. and Central Pacific Bank, made the announcement. Dr. Paloma currently holds the position of President and CEO of Hawaii Dental Service (HDS), a leading dental plans provider for individuals, families, and small businesses in Hawaii.

Impact on the Local Community

The appointment of Dr. Paloma is a testament to Central Pacific Financial Corp. and Central Pacific Bank’s commitment to local leadership and community engagement. Her extensive experience in business management and her dedication to the local community will significantly contribute to the strategic direction of the companies.

Impact on Central Pacific Financial Corp. and Central Pacific Bank

Dr. Paloma’s expertise in business leadership and her proven track record in the healthcare industry will bring valuable insights to the Boards of Central Pacific Financial Corp. and Central Pacific Bank. Her appointment is expected to strengthen the companies’ position in the financial sector and help them navigate the competitive market.

Impact on the World

Although the appointment primarily affects Central Pacific Financial Corp., Central Pacific Bank, and the local Hawaii community, it also represents a broader trend of companies recognizing the importance of local leadership and diversity in their boards. This appointment could inspire other companies to follow suit and seek out talented local business leaders for leadership positions.

Conclusion

Central Pacific Financial Corp. and Central Pacific Bank’s decision to appoint Diane Paloma, PhD, to their Boards of Directors is a strategic move that will bring valuable expertise and community engagement to the companies. This appointment is not only a win for Central Pacific Financial Corp., Central Pacific Bank, and the local Hawaii community, but it also represents a broader trend towards recognizing the importance of local leadership and diversity in corporate governance.

  • Central Pacific Financial Corp. and Central Pacific Bank appoint Diane Paloma, PhD, to their Boards of Directors
  • Dr. Paloma is currently the President and CEO of Hawaii Dental Service
  • Her appointment is a testament to the companies’ commitment to local leadership and community engagement
  • Her expertise in business leadership and healthcare industry will significantly contribute to the strategic direction of the companies
  • The appointment represents a broader trend towards recognizing the importance of local leadership and diversity in corporate governance

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