The Federal Reserve Bank of San Francisco has announced the reappointment of Robert Harrison as the Twelfth District Federal Advisory Council member. Harrison, who is the chairman, president, and CEO of First Hawaiian Bank in Honolulu, Hawai’i, will begin his second term on January 1, 2025.

The Federal Advisory Council (FAC) is made up of twelve representatives from the banking industry. The council advises the Federal Reserve System Board of Governors on various matters within its jurisdiction. The FAC typically meets four times a year in Washington, D.C., which is the minimum number required by the Federal Reserve Act. Each Reserve Bank appoints a representative for a one-year term, with a possibility of serving up to three terms.

The Federal Reserve Bank of San Francisco plays a crucial role in advancing monetary, financial, and payment systems across the nation to strengthen the economy. As part of the U.S. central bank system, it serves the Twelfth Federal Reserve District. This district includes nine western states—Alaska, Arizona, California, Hawai’i, Idaho, Nevada, Oregon, Utah, and Washington—as well as American Samoa, Guam, and the Commonwealth of the Northern Mariana Islands. The SF Fed focuses on achieving maximum employment and price stability to support an inclusive economy.

For further information about this announcement or other inquiries related to the SF Fed's activities and initiatives:

Jennifer Chamberlain

Federal Reserve Bank of San Francisco

(415) 974-2383