OHA names new CFO
HONOLULU — The Office of Hawaiian Affairs named David K. Laeha as the agency’s new Chief Financial Officer and Resource Management Director today. He will start May 16.
Laeha’s primary responsibility will be to assist the OHA Board of Trustees and Administration in managing OHA’s Native Hawaiian Trust Fund, currently valued at $348 million. He will oversee OHA’s fiscal and investment infrastructures as well as its grants, loans and scholarship programs. As the director of OHA’s Resource Management-Financial Assets Line of Business, Laeha will manage a total of 33 staff.
Laeha brings more than 25 years of accounting and financial management experience. He is a licensed CPA with a bachelor’s degree in finance from the University of Hawaii at Manoa and master’s degree in accounting from the University of Southern California. He previously worked for Fortune 500 firms such as GTE and IBM. He also has served in senior financial management positions in local entities such as Palama Holdings LLC, Hawaiian Natural Water Company and Hawaii Community Foundation Inc. Since 2002, he has operated his own consulting firm, CFO Hawaii LLC, which provides interim CFO services to high-growth businesses.
“I am humbled to be able to use my skills and experience to help improve the lives of Native Hawaiians,” said Laeha. “I look forward to working with our Board, administrative leadership and community to ensure a strong financial foundation for the agency.”
Laeha currently lives with his wife in Maunawili.
By wire sources