Bank of Hawaii announced the appointment of Scott Wallace as Executive Vice President and Treasurer, effective March 11, 2025. In this role, Mr. Wallace is responsible for collaborating with the bank's leadership to develop strategies for managing liquidity, funding, market risks, and the investment portfolio.
Mr. Wallace brings over 30 years of banking experience in risk mitigation, treasury management, and asset liability alignment, having previously served as treasurer for PacWest Bancorp and Pacific Western Bank. He succeeds Jennifer Lam, who has been appointed as Bank of Hawaii's Chief Compliance and Chief Fiduciary Officer.
Ms. Lam's new role as Chief Compliance and Chief Fiduciary Officer underscores the bank's commitment to robust regulatory adherence and fiduciary responsibilities. These leadership changes are expected to strengthen the bank's financial and compliance oversight.
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