ASB Chief Financial Officer Heather Schwarm Among PBN’s 2016 Women Who Mean Business

HONOLULU -- American Savings Bank (ASB) executive vice president, chief financial officer, Heather Schwarm was named to the Pacific Business News’ (PBN) 18th Annual Women Who Mean Business list.

The program recognizes professional and community accomplishments of leaders throughout the state. This year’s recipients were honored at the Women Who Mean Business gala held on March 2.

“Heather exemplifies the characteristics of a strong leader and her commitment to ASB’s success is matched by her commitment to the community,” said Rich Wacker, President and CEO of ASB. Schwarm joined ASB in 2008 as senior vice president, director of financial planning and analysis and was promoted to executive vice president and chief financial officer in 2012. She has more than 19 years of credit and risk management experience, and has held leadership divisions at General Electric, Wells Fargo and Citicorp.

She currently serves as board treasurer for the Girl Scouts of Hawaii and is the immediate past board chair for Big Brothers Big Sisters Hawaii.

About American Savings Bank
Since 1925, ASB has served Hawai‘i’s businesses and communities by providing a full range of financial products and services including business and consumer banking, home loans, insurance, and investments. ASB is one of Hawai‘i’s leading financial institutions, with online and mobile banking services and branch locations statewide offering evening, weekend and holiday hours. For six consecutive years, ASB has been named one of Hawai‘I Business Magazine “Best Places to Work” and was the winner of the large company category in 2015. For three consecutive years ASB has been recognized as one of the “Best Banks to Work For” in the U.S. by American Banker Magazine. For more than 90 years, ASB has been helping build strong communities. Through its Seeds of Service program, ASB teammates have contributed more than 22,000 hours of volunteer
service, and the bank has donated millions of dollars to Hawai‘i schools, non-profits and community organizations.