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Obama Picks Ex-Bank of Hawaii CEO Landon to Be Fed Governor
Bloomberg: President Barack Obama plans to nominate Allan Landon, the former chief executive officer of Bank of Hawaii Corp. (BOH), to be a Federal Reserve governor after months of pressure to select a policy maker with community banking experience.
Landon was chairman and CEO of Bank of Hawaii from 2004 to 2010, and was president, chief operating, financial and risk officer from 2000 to 2004, the White House said in a statement today. His predecessor at the helm of the Honolulu-based lender was Michael O’Neill, who is now Citigroup Inc. chairman.
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