HONOLULU - Honolulu Police Chief Louis Kealoha has agreed to retire, according to an announcement by the Honolulu Police Commission on Friday.

Kealoha was on paid leave because he's the target of a federal investigation.

The commission began its closed door meeting on Wednesday.

Kealoha has 33 years of service with the Honolulu Police Department.  The retirement agreement will be finalized in the coming weeks and is expected to be confirmed at the Jan. 18 meeting of the Honolulu Police Commission.

Under the leadership of Acting Chief Cary Okimoto, HPD says it will work to ensure seamless continuity of the essential functions that make Honolulu one of the safest major cities in the country.

Honolulu Mayor Kirk Caldwell released the following statement:

“I thank the Police Commission for taking decisive action on this matter. I believe the Commission made the right decision to accept Chief Kealoha’s retirement, and he made the correct decision for the sake of the police department and the thousands of officers who serve with integrity, respect and fairness. I thank Chief Kealoha for his more than 30 years of dedicated public service.

Today’s announcement allows the Honolulu Police Department to move forward. I have full confidence in Acting Police Chief Cary Okimoto and the thousands of officers who put their own well-being on the line every single day to keep us one of the safest big cities in the United States. I thank them for their perseverance through this difficult chapter.”

We will have more on this story on KITV Island News at 5, 6 and 10.