STAND. COM. REP. NO. 1288

Honolulu, Hawaii

, 2005

RE: GOV. MSG. NO. 394

 

 

Honorable Robert Bunda

President of the Senate

Twenty-Third State Legislature

Regular Session of 2005

State of Hawaii

Sir:

Your Committee on Labor, to which was referred Governor's Message No. 394, submitting for study and consideration the nomination of:

Board of Trustees of the Employees' Retirement System (ERS)

G.M. No. 394

ALTON T. KUIOKA,

for a term to expire 01-01-2011,

begs leave to report as follows:

Upon review of the background information provided by the nominee, your Committee finds that ALTON T. KUIOKA is the Vice Chairman of the Bank of Hawaii Corporation and has served in this capacity for over a decade. Mr. Kuioka holds a bachelor's degree in finance from the University of Hawaii. He is also a graduate of the Mortgage Banking School in Chicago, Illinois, the Advanced Management Program of the University of Hawaii, and the Advanced Management Program of Harvard Business School. Mr. Kuioka has been employed in varying capacities within the Bank of Hawaii for over the last thirty-five years. He has also served as the member and chair of the Hawaii Community Reinvestment Corporation and as a member of the Pacific Housing Assistance Corporation Board, the Child Family Service Board, the March of Dimes Board, and the Diamond Head Theater Board.

Testimony in support of the nominee was submitted by three private citizens.

Your Committee members diligently questioned the nominee regarding his vision and priorities for the Employees' Retirement System. Your Committee believes that the nominee adequately responded to the Committee's inquiries. Furthermore, the nominee's extensive background in finance and demonstrated commitment to proactively protecting and improving the Employees' Retirement System will be an asset to the Board.

As affirmed by the record of votes of the members of your Committee on Labor that is attached to this report, your Committee, after full consideration of the background, experience, and qualifications of the nominee, has found the nominee to be qualified for the position to which nominated and recommends that the Senate advise and consent to the nomination.

Respectfully submitted on behalf of the members of the Committee on Labor,

____________________________

BRIAN KANNO, Chair