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The Honolulu Advertiser

Posted at 1:22 p.m., Thursday, December 6, 2007

Dods retiring as BancWest chairman at end of year

Advertiser Staff

Honolulu banker Walter Dods will step down as chairman of BancWest Corp., one of the 25 largest U.S. banks, at the end of the year.

Dods, who was a driving force behind First Hawaiian's 1997 merger with California-based Bank of the West to create BancWest, will remain as a director of BancWest and continue to serve as chairman of First Hawaiian.

Dods previously stepped down as BancWest's CEO in 2005. As head of First Hawaiian he was instrumental in helping First Hawaiian overtake Bank of Hawaii as the state's largest bank.

BancWest CEO Don McGrath will assume the title of chairman. BancWest is the parent company of both Bank of the West and First Hawaiian and is owned by BNP Paribas.