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) works to advance the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans. As part of the U.S. central bank, the SF Fed serves the Twelfth Federal Reserve District, which covers 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. By pursuing our two key goals of maximum employment and price stability—known as the Fed’s dual mandate—we work toward supporting an economy that works for everyone.