STAND. COM. REP. NO. 1345

Honolulu, Hawaii

RE:    GOV. MSG. NOS. 688, 689

Honorable Shan S. Tsutsui

President of the Senate

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

Sir:

     Your Committee on Economic Development and Technology, to which was referred Governor's Message Nos. 688 and 689, submitting for study and consideration the nominations of: 

Community-Based Economic Development Advisory Council

G.M. No. 688	MARY ANN MANAHAN, for a term to expire 6-30-2015; and
G.M. No. 689	SHARON SAKAMOTO, for a term to expire 6-30-2015,

begs leave to report as follows:

     Your Committee has reviewed the personal histories, resumes, and statements submitted by the nominees and finds Mary Ann Manahan and Sharon Sakamoto to possess the requisite qualifications to be nominated to the Community-Based Economic Development Advisory Council.

     Your Committee received testimony in support of the nomination of Mary Ann Manahan from the Department of Business, Economic Development, and Tourism; Hawaii Friends of Civil Rights; Nursing Advocates & Mentors, Inc.; Filipino Coalition for Solidarity; Filipino American Citizens League; United Filipino Council of Hawaii; Oahu Filipino Community Council; and one individual.

     Mary Ann Manahan is a business and finance manager, most recently serving as Vice-President for AXA Advisors and prior to that position, as a Manager and Financial Services Associate at Prudential Financial, both in Honolulu.  She was a 2008 member of the Million Dollar Round Table, an international, independent association of life insurance and financial services professionals from four hundred sixty-four companies in more than eighty nations and territories, and was also honored by the organization with the Rookie of the Year Award in 2007.  She is a graduate of De La Salle University, Manila, Philippines, with a Bachelor of Science in Economics and Bachelor of Science in Finance.

     Your Committee received testimony in support of the nomination of Sharon Sakamoto from the Department of Business, Economic Development, and Tourism; Hawaii Credit Union League; and University of Hawai‘i Federal Credit Union.

     Sharon Sakamoto is Vice President for Finance and Compliance at the University of Hawai‘i Federal Credit Union, where she is responsible for strategic planning, including designing and implementing new products and services for members.  She previously served in senior management positions at Hickam Federal Credit Union for over fifteen years and has over twenty-five years of accounting and financial experience.  Ms. Sakamoto is a graduate of the University of Hawaii at Manoa with a Bachelor of Business Administration and holds a Master of Business Administration with a concentration in Accounting and Information Systems from Claremont Graduate School.  She has been licensed as a Certified Public Accountant in Hawaii since 1988.

     As affirmed by the records of votes of the members of your Committee on Economic Development and Technology that are attached to this report, your Committee, after full consideration of the background, experience, and qualifications of the nominees, has found the nominees to be qualified for the positions to which nominated and recommends that the Senate advise and consent to the nominations.

Respectfully submitted on behalf of the members of the Committee on Economic Development and Technology,

____________________________

CAROL FUKUNAGA, Chair