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The White House
Office of the Press Secretary
For Immediate Release

President Obama Announces his Intent to Nominate Allan R. Landon to Serve on the Board of Governors of the Federal Reserve System

WASHINGTON, DC – Today, President Barack Obama announced his intent to nominate Allan R. Landon to serve on the Board of Governors of the Federal Reserve System.

  • Allan R. Landon – Governor, Board of Governors of the Federal Reserve System 

President Obama said, “Allan Landon has the proven experience, judgment and deep knowledge of the financial system to serve at the Federal Reserve during this important time for our economy.  He brings decades of leadership and expertise from various roles, particularly as a community banker.  I’m confident that he will serve our country well.”

President Obama announced his intent to nominate the following individual today:

Allan R. Landon, Nominee for Governor, Board of Governors of the Federal Reserve System

Allan R. Landon is a Partner in Community BanCapital.  He served as Chairman and Chief Executive Officer of Bank of Hawaii Corporation from 2004 to 2010.  Mr. Landon served in various positions at Bank of Hawaii from 2000 to 2004, including President, Chief Operating, Financial, and Risk Officer.  He served as the Chief Financial Officer of First American Corp. and its subsidiary, First American National Bank, from 1998 to 2000.  Mr. Landon worked at Ernst & Young LLP from 1970 to 1998, where he became partner in 1984.  Mr. Landon received a B.S. from Iowa State University.