First Hawaiian, Inc. Announces Retirement of Vice Chairman and Leadership Transition in Wealth Management

On February 23, 2026, First Hawaiian, Inc. (NASDAQ: FHB) announced the retirement of Alan Arizumi, Vice Chairman, effective April 3, 2026. With over 40 years of dedicated service, Arizumi has been an integral part of the senior management team at First Hawaiian Bank, making significant contributions across various sectors. Bob Harrison, Chairman and CEO, highlighted Arizumi's extensive experience, leadership, and commitment to community development as vital to the bank's success.

Arizumi joined First Hawaiian in 1983, becoming a senior management committee member in 2009. He has led the wealth management group since 2013 and has garnered leadership experience in risk management, consumer banking, and commercial banking. In his farewell remarks, Arizumi expressed gratitude for the relationships and opportunities that shaped his career and voiced confidence in the continued success of First Hawaiian Bank.

Michael Tottori, an Executive Vice President with a long history at First Hawaiian Bank since 1989, will take over the wealth management group and join the senior management committee. Tottori, who returned to First Hawaiian in 2005 after valuable experience on the mainland, has a proven track record in wealth advisory and played a pivotal role in transitioning the bank's broker-dealer platform to Raymond James Financial. Harrison expressed that Tottori's extensive experience and commitment to client relationships and community service position him well to lead the wealth management division into the future.

First Hawaiian, Inc., the largest financial institution in Hawaii, offers a wide range of banking services including loans, wealth management, and online banking. For more information, visit their website at www.fhb.com.

First Hawaiian, Inc. (NASDAQ: FHB) is poised for a pivotal transition following the announcement of the retirement of Vice Chairman Alan Arizumi effective April 3, 2026. Arizumi's departure marks the end of a significant era, given his over 40 years of dedicated service to the institution. His contributions, particularly in wealth management, raise important questions about the impact of this leadership transition on First Hawaiian’s operational trajectory and market positioning.

With Executive Vice President Michael Tottori stepping in to lead the wealth management group, investors should consider Tottori's extensive experience as an advantageous factor. Having joined First Hawaiian Bank in 1989 and further honed his expertise in private client investment institutions, Tottori's deep-rooted understanding of the local market and commitment to community engagement aligns well with First Hawaiian's core values. His track record suggests he can effectively navigate the intricacies of wealth management during this transitional phase.

However, the market's response to the leadership transition will depend on how smoothly this changeover unfolds. Investors should be vigilant as Tottori implements strategies to maintain and potentially enhance client satisfaction and loyalty. The bank's future performance in wealth management will be crucial, especially given the competitive landscape in financial services.

Moreover, broader economic conditions, interest rate trends, and customer demand for financial products will also affect FHB's profitability and growth strategy. Thus, while leadership stability is anticipated under Tottori's experienced guidance, market participants should stay observant about performance metrics during the ensuing quarters.

In summary, while the transition poses some uncertainties, Michael Tottori's proven capabilities may position First Hawaiian well for continued success, making it a potentially appealing investment for those watching the bank's strategic evolution in the coming years.