News Release
First Hawaiian Bank Chairman, President and CEO Bob Harrison Appointed to Serve on Federal Advisory Council by the Federal Reserve Bank of San Francisco (12th District)
Honolulu, January 10, 2024 - First Hawaiian Bank (FHB) today announced that the Federal Reserve Bank of San Francisco (12th District) has appointed Bob Harrison, First Hawaiian Bank Chairman, President, and Chief Executive Officer, to represent the 12th District on the Federal Advisory Council. Historically, those chosen for this honor serve three consecutive one-year terms.
Harrison is chairman, president, and chief executive officer of First Hawaiian Inc. and First Hawaiian Bank. Harrison also serves as chairman of First Hawaiian Bank Foundation, the charitable arm of the bank. Harrison joined First Hawaiian Bank in 1996 and has over 35 years of financial industry experience working for banks in New York and Hawaii.
“I am honored to serve as the San Francisco Federal Reserve Bank’s representative on the Federal Advisory Council,” said Harrison. “I look forward to representing the nine states of the 12th District as well as the Pacific on economic matters with the Board of Governors to help sustain a strong economy.”
The Federal Advisory Council
The Federal Advisory Council, a body created by the Federal Reserve Act, consists of one member from each of the 12 Reserve Bank Districts. The council meets four times a year with the Federal Reserve Board of Governors in Washington, D.C., to discuss economic and banking matters.
The Federal Reserve Bank of San Francisco is one of the 12 Reserve Banks in the Federal Reserve System. Headquartered in San Francisco, the Twelfth Federal Reserve District includes the nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, and Washington—plus American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. Branch offices are located in Los Angeles, Portland, Salt Lake City, and Seattle, with a cash processing center in Phoenix. Of the 12 Federal Reserve Districts, the 12th District is the largest by geography covering about 1.4 million square miles, or 37 percent of the nation’s area, and first in the size of its economy.