Bank of Hawaii Corporation (BOH) on Tuesday announced that Chairman and Chief Executive Officer Peter S. Ho will retire effective March 31, 2026, after leading the bank since 2010.
James C. Polk, currently President and Chief Banking Officer, will succeed Ho as President and Chief Executive Officer effective April 1, 2026.
Polk joined Bank of Hawai'i in 1999 and has held multiple leadership positions overseeing key areas including commercial banking, retail lending, deposits, mortgage banking, private banking and branch operations.
Additionally, Raymond P. Vara Jr., President and CEO of Hawai'i Pacific Health and currently the company's lead independent director, will assume the new role of non-executive chairman of the board on April 1, 2026.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.