Pan Pacific Bank Names Sally Pera to Board of Directors

FREMONT, Calif.--()--Pan Pacific Bank (OTCBB:PPFC) today announced that renowned Silicon Valley business connector and executive Sally Pera has joined its Board of Directors. The appointment of Ms. Pera, currently CEO of the Association for Corporate Growth - Silicon Valley (ACGSV), brings the number of Pan Pacific board members to nine.

Pan Pacific CEO Wayne Doiguchi said: “Sally Pera has a storied history in the Valley, and her leadership experience and strategic vision, along with her proven track record of service on corporate boards, will play a vital role in our expansion into San Jose and beyond. We are delighted to welcome her to our diverse board and look forward to her contribution.”

“I have a deep familiarity with community banks in the Valley, and I am particularly impressed with Pan Pacific Bank’s differentiators and plans for expansion,” commented Pera. “I look forward to serving alongside the bank’s other distinguished board members and to helping them become further established with the Valley's unmatched mix of innovators and highly successful businesses.”

After serving on the board ACGSV for eight years, Ms. Pera was appointed CEO in 2010 and remains CEO today, helping chief executive officers and senior corporate executives form business relationships linking them to the future of Silicon Valley. Since 2012, she has served on the Advisory Board of patient medical information service company, PatientKey. Previously she was CEO and Founder of Direct Mail Marketing Company of North America dba Pocket Coupon Directory.

Ms. Pera holds a Bachelor of Arts Degree in Journalism and Political Science from Colorado College, Colorado Springs, and a Masters in Public Administration from the University of Colorado at Boulder. She attended the Stanford University Directors College.

About Pan Pacific Bank

Founded in 2005 with locations in Fremont and opening in October 2014, downtown San Jose, Pan Pacific Bank is a Bay Area business bank serving small and mid-sized businesses across the region. We provide an unparalleled banking experience delivered by a knowledgeable, accomplished executive team with deep local roots and extensive banking experience. We help our clients expertly navigate changing financial landscapes and market conditions.

Pan Pacific Bank is also an approved SBA/USDA lender. For more information, please visit www.panpacificbank.com

Forward-Looking Statements

This release may contain forward-looking statements, such as, among others, statements about plans, expectations and goals concerning growth and improvement. Forward-looking statements are subject to risks and uncertainties. Such risks and uncertainties may include, but are not necessarily limited to fluctuations in interest rates, inflation, government regulations and general economic conditions, including the real estate market in our primary service area and more generally in California and other factors beyond the Bank’s control. Such risks and uncertainties could cause results for subsequent interim periods or for the entire year to differ materially from those indicated. Readers should not place undue reliance on the forward-looking statements, which reflect management’s view only as of the date hereof. Pan Pacific Bank undertakes no obligation to publicly revise these forward-looking statements to reflect subsequent events or circumstances.

Contacts

For Pan Pacific Bank
Brenda Patterson, 949-667-1943

Contacts

For Pan Pacific Bank
Brenda Patterson, 949-667-1943