CBA Faculty

Laney, Leroy Ph.D

Leroy Laney Professor of Finance and Economics

College of Business Administration

Office:1132 Bishop Street, Suite 510B-5 (FH)

Honolulu, HI 96813

Office Phone: (808) 544-0849

Department of Financial, Economics, and Information Systems
Message: (808) 544-9373
Fax: (808) 566-2403


University of Colorado


Dr. Leroy Laney joined the HPU faculty as a Full Professor in 1998, after broad ranging experience in banking, government, and other academic positions.

He has served as a Staff Economist on the U.S. President’s Council of Economic Advisers in Washington, D.C., as an International Economist with the U.S. Treasury in Washington, and as a Senior Economist in the Federal Reserve System.

His academic experience includes adjunct teaching positions at the University of Colorado at Boulder, Southern Methodist University, the University of Texas (Arlington and Dallas campuses), and the University of Hawaii at Manoa. He also held a joint appointment in the Economics and Finance Departments at Butler University in Indianapolis during the 1989-1990 academic year, and served there as Chairman of the Economics Department.

From 1990 through 1998, he was Senior Vice President and Chief Economist for First Hawaiian Bank in Honolulu.  As such, he held a highly visible position as the Bank’s spokesman on all international, national, and local economic matters. He has served as Chairman of the Council on Revenues of the State of Hawaii, and as a member of the Market Research Committee of the Hawaii Visitors and Convention Bureau.

Professor Laney has published widely in academic journals, Federal Reserve and other bank publications, and in edited volumes and conference proceedings. He remains an Economic Advisor to First Hawaiian Bank, and has also consulted with-- among others -- the University of Hawaii Economic Research Organization, Alexander & Baldwin, Inc., Matson Navigation Company, Colliers Monroe and Friedlander, The Estate of James Campbell, the Waikiki Improvement Association, Kohala Coast Resort Association, Aloha Airlines, Kobayashi, Sugita & Goda law firm, the U.S. Department of Justice, Hawaii Reserves, Inc., the State of Hawaii, and each of the state’s four county governments. He is a member of Who’s Who in America, Who’s Who in the World, Who’s Who in Finance and Industry, Who’s Who in the West, the American Economic Association, the Western Economic Association, the National Association for Business Economics, and Lambda Alpha real estate economics honorary.

His Ph.D. in Economics is from the University of Colorado at Boulder. He also holds a Bachelor of Industrial Engineering from Georgia Tech, and an MBA in accounting and finance from Emory University.

From 1967 to 1971, he served as a Lieutenant in the U.S. Navy Supply Corps. Dr. Laney is married to the former Sandra Prescott of Atlanta, and has two adult sons.