First Hawaiian, Inc. Appoints James M. Moses Chief Financial Officer

Rhea-AI Summary

First Hawaiian, Inc. (NASDAQ:FHB) has appointed James M. Moses as Vice Chairman and Chief Financial Officer, effective January 3, 2023. Moses brings over 20 years of banking experience, previously serving as EVP and CFO at First Bank in St. Louis, as well as roles at Berkshire Hills Bancorp and Webster Bank. His expertise in financial growth and technology enhancements is expected to benefit First Hawaiian's ongoing initiatives. The company acknowledges Ralph Mesick for his interim service as CFO during the transition.

Positive

• Appointment of James M. Moses as CFO expected to drive financial growth.
• Moses has a strong background in technology enhancements and financial strategy.

Negative

• Transitioning CFO may create some initial disruption as new strategies are integrated.
• Experience gap if Moses takes time to adjust to the organization's specific dynamics.

HONOLULU, Dec. 14, 2022 (GLOBE NEWSWIRE) -- First Hawaiian, Inc. (NASDAQ:FHB), the parent company of First Hawaiian Bank, announced today that it has appointed James M. Moses as Vice Chairman and Chief Financial Officer (CFO) of First Hawaiian, Inc. and First Hawaiian Bank, effective January 3, 2023.

“Jamie brings more than 20 years of diverse banking experience to the team. His track record of driving financial growth in complex organizations makes him a great fit for First Hawaiian. We look forward to integrating his expertise into our ongoing initiatives,” said Bob Harrison, First Hawaiian, Inc. Chairman, President and CEO. “I want to thank Ralph Mesick for serving as our interim CFO and effectively guiding us through this transition period.”

Moses joins the company from First Bank in St. Louis, Missouri, where he served as Executive Vice President (EVP) and CFO. His previous experience includes serving as EVP and CFO of Berkshire Hills Bancorp, and Senior Vice President – Manager, Asset Liability Management at Webster Bank. During his career, Moses has been credited with developing, maintaining and executing regional and product specific pricing strategies for a multi-billion-dollar interest-bearing deposit portfolio, and has been instrumental in guiding large scale technology enhancements.

First Hawaiian, Inc. (NASDAQ: FHB) is a bank holding company headquartered in Honolulu, Hawaii. Its principal subsidiary, First Hawaiian Bank, founded in 1858, is Hawaii’s largest financial institution with branch locations throughout Hawaii, Guam and Saipan. The company offers a comprehensive suite of banking services to consumer and commercial customers including deposit products, loans, wealth management, insurance, trust, retirement planning, credit card and merchant processing services. Customers may also access their accounts through ATMs, online and mobile banking channels. For more information about First Hawaiian, Inc., visit the Company’s website, www.fhb.com. 

Media Contact:
Lindsay Chambers
Vice President & Public Relations Manager
First Hawaiian Bank
(808) 525-6254
LChambers@fhb.com 

Investor Relations Contact:
Kevin Haseyama, CFA
(808) 525-6268
khaseyama@fhb.com 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/73296ef7-be2a-4eaa-81e9-e8506f0b8b44

 

FAQ

Who is the new CFO of First Hawaiian, Inc.?

James M. Moses has been appointed as the new CFO of First Hawaiian, Inc.

When will the new CFO start his role at First Hawaiian?

James M. Moses will assume his role as CFO effective January 3, 2023.

What experience does James M. Moses bring to First Hawaiian, Inc.?

Moses brings over 20 years of banking experience, having held key positions in major financial institutions.

What previous positions did James M. Moses hold before joining First Hawaiian?

Before joining First Hawaiian, Moses served as EVP and CFO at First Bank in St. Louis and held roles at Berkshire Hills Bancorp and Webster Bank.

How might the appointment of a new CFO impact First Hawaiian's operations?

The appointment could lead to enhanced financial strategies and technology integration, but may also introduce some initial adjustment challenges.