Honolulu Star-Bulletin Local News
Business Briefs

Reported by Star-Bulletin staff & wire

Monday, November 11, 1996


First Hawaiian moves branch
to new building

First Hawaiian Bank's main branch at the new, $175 million First Hawaiian Center will open for business tomorrow morning.

Customers will be able to conduct their bank transactions at the new main branch, at 999 Bishop St. at the corner of King Street, starting tomorrow. The bank's main branch previously was located at First Hawaiian Tower on Fort Street. The Fort Street high-rise served as First Hawaiian Bank's temporary headquarters as the bank redeveloped its new headquarters. The Fort Street branch closed on Friday.

All customer accounts and safe deposit boxes have been moved to the bank's new main branch.



Isle businessman leads relief effort
for Vietnam

A DC-8 jet loaded with medical supplies took off for Vietnam from a Connecticut airport this morning, a result of a three-year charity project by Honolulu business consultant Manny Menendez.

On a business trip to Hanoi three years ago, Menendez learned that there are about 1.5 million orphans in Vietnam. Menendez, an advisor to the international humanitarian relief organization called AmeriCares, based in New Canaan, Conn., said it took the group three years to overcome language and bureaucratic hurdles before it could send the 75,000 pounds of supplies today. The supplies will be delivered to the Vietnam-USA Society and the Vietnamese Ministry of Health, which will distribute them to 14 district hospitals.

Menendez, the general manager of Hawaii professional soccer team the Tsunami, has spent several years helping to establish U.S. business connections in Vietnam.



Polosky is named VP for
Kauai Electric

LIHUE - Denny Polosky has been named vice president and manager of Kauai Electric.

He replaces Boyd Townsley, who retired after 24 years with the company. Polosky has been with Kauai Electric since 1981 and its parent company, Citizens Utilities Co., since 1978. He most recently served as assistant vice president, focusing on productivity, strategic planning and efficient operations.

Polosky said his first task will be developing a three-year business plan aimed at cutting costs to make the utility more competitive in the face of possible restructuring by the Hawaii Public Utilities Commission.

Kauai Electric serves about 29,000 customers on the Garden Island.





For more local, national and international business news,
see the Hawaii Inc. section in today's Honolulu Star-Bulletin.




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