SAN FRANCISCO – The Federal Reserve Bank of San Francisco (Twelfth District) has announced the appointment of Robert (Bob) Harrison, chairman, president and chief executive officer of First Hawaiian Bank and First Hawaiian Inc. in Honolulu, Hawaii, to serve as its Twelfth District Federal Advisory Council member effective January 1, 2024.
About the Federal Advisory Council
The Federal Advisory Council (FAC), which is composed of twelve representatives of the banking industry, consults with and advises the Federal Reserve System Board of Governors on all matters within its jurisdiction. The FAC ordinarily meets four times a year in Washington, D.C., the minimum number of meetings required by the Federal Reserve Act. Each year, each Reserve Bank appoints an individual to represent its District on the FAC for a one-year term, up to three terms.
The Federal Reserve Bank of San Francisco (SF Fed) serves the public by promoting a healthy, sustainable economy, and supporting the nation’s financial and payment systems. With offices in Los Angeles, Seattle, Salt Lake City, Portland and Phoenix, the Bank serves the Twelfth Federal Reserve District, which includes one-fifth of the nation’s population and represents the world’s fourth-largest economy. As part of the nation’s central bank, the SF Fed informs monetary policy, regulates banks, administers certain consumer protection laws and acts as a financial partner to the U.S. government.