
	Mr. James A. Ajello, known as Jim, has been the Chief Financial Officer of Hawaiian Electric Industries Inc. since January 2009 and its Executive Vice President since May 2011. Mr. Ajello serves as Chief Risk Officer of Hawaiian Electric Industries Inc. He serves as an Administrator Director of Crius Energy, LLC. He served as a Senior Financial Vice President of Hawaiian Electric Industries Inc. from January 2009 to May 2011. He served as Treasurer of Hawaiian Electric Industries Inc. since January 2009. Mr. Ajello joined Hawaiian Electric Industries Inc. after eight years at Reliant Energy Inc. in Houston, Texas from 2000 to 2009, where he served as Senior Vice President of Business Development, leading its effort to expand and grow competitive electricity markets across the United States. He joined Reliant in 2000 as President of Reliant Energy Solutions LLC and Senior Vice President and General Manager of Commercial &amp; Industrial Marketing, led the development and operations of a new line of business that provides integrated energy solutions to commercial and industrial customers in seven states. His experience prior to Reliant Energy includes 14 years with UBS in various positions. Mr. Ajello served as Senior Banker and Managing Director of the Business Development/Corporate Finance Group of UBS Securities, Inc. from 1984 to 1998 and Managing Director of the Energy &amp; Natural Resources Group of UBS Warburg/UBS Securities LLC, his responsibilities included corporate finance, advisory products, equity and debt issuance, and underwriting products for selected energy, natural resource and other corporate clients. He served as Managing Director and Head of UBS Chicago and its corporate banking unit, as well as head of UBS&#39;s North American project finance team, responsible for advising clients on, and arranging capital for, large infrastructure projects, including power plants and other capital-intensive assets. He serves as the Chairman of the U.S. Department of Energy&acirc;&euro;&trade;s Environmental Management Advisory Board. He has been an Independent Director of Crius Energy Administrator Inc., an Administrator of Crius Energy Trust since November 13, 2012 and Crius Energy, LLC. He serves as a Board Member of the Hawai&#39;i Pacific University Board of Trustees and its affiliate, the Oceanic Institute, as well as Member of the Board of Trustees of Enterprise Honolulu (Oahu Economic Development Board). He serves as a Board Member of ClearFuels Technology, Inc. Mr. Ajello also serves on the Board of the HEI Community Foundation. Mr. Ajello holds a bachelor&#39;s degree from the State University of New York and a master&#39;s degree in public administration from Syracuse University. He is also a graduate of the Advanced Management Program of the European Institute of Business Administration (INSEAD) in Fontainebleau, France.
