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HOTTA JOINS CPB INC. & CENTRAL PACIFIC BANK BOARDS OF DIRECTORS

 HONOLULU, June 22 /PRNewswire/ -- Kensuke Hotta, senior managing director of The Sumitomo Bank Ltd., has been elected to the boards of directors of CPB Inc. (NASDAQ: CPBI) and its subsidiary, Central Pacific Bank, to fill the unexpired term of Yoichi Abe. The appointment of Hotta was announced by Yoshiharu Satoh, chairman of the board and chief executive officer. Hotta replaces Abe, senior managing director of The Sumitomo Bank, who was appointed to a new business assignment at The Sumitomo Bank in Japan.
 Hotta joined Sumitomo Bank in Japan in 1962. He holds the positions of senior managing director and executive committee member in charge of International Banking at Sumitomo Bank Head Office.
 Hotta graduated from Keio University faculty of Economics in 1962.
 Central Pacific Bank is Hawaii's third largest commercial bank with more than $1.2 billion in assets and 18 branches statewide.
 -0- 6/22/93
 /CONTACT: Wayne Kirihara, senior VP and manager-marketing division of Central Pacific Bank, 808-544-0500/
 (CPBI)


CO: Central Pacific Bank Inc. ST: Hawaii IN: FIN SU: PER

LM-LS -- LA023 -- 4687 06/22/93 16:14 EDT
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Publication:PR Newswire
Date:Jun 22, 1993
Words:181
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