Bank of Hawai’i announces that Peter Ho, who has served as Chairman and CEO since 2010, will retire effective March 31. This decision is the culmination of the bank’s long-term succession plan for its CEO designed to ensure stability and continuity for the 128-year-old financial institution. To further support the transition, Ho plans to serve as a consultant to the company following his retirement through the end of 2027. The Board of Directors unanimously selected current BOHC President and Chief Banking Officer James Polk to succeed Ho as President and CEO, upon Ho’s retirement. Polk will also join its Board of Directors. Additionally, Hawai’i Pacific Health President and CEO Raymond P. Vara, Jr., currently BOHC’s Lead Independent Director, will assume the new role of Non-Executive Chairman of BOHC’s Board of Directors on April 1.
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