– USA, HI – Hawaiian Electric Industries, Inc. (NYSE: HE), the parent company to Hawaiian Electric Company, Inc. and American Savings Bank, F.S.B., today announced the appointments to their boards of directors.
Effective January 1, 2023, Yoko Otani will serve on the HEI and ASB boards of directors while Mary Kipp will serve on the Hawaiian Electric board of directors.
Yoko Otani will join the HEI Audit & Risk Committee and the ASB Risk Committee while Mary Kipp will join the Hawaiian Electric Audit & Risk Committee.
About Yoko Otani
Yoko Otani brings significant experience in finance, financial services and risk management to the HEI and ASB Boards. She is currently a partner at Straterix, a financial analytics software company. During the financial crisis, Otani joined Promontory Financial Group, a financial services management consulting company, to advise financial services companies on multiple aspects of risk and regulation. Otani spent almost 30 years at Citibank across various corporate finance and commercial and investment banking roles, including ten years as a senior credit officer in Citi’s global commercial and investment bank.
Yoko Otani holds a bachelor of arts degree in East Asian Studies and History from Barnard College, Columbia University and a master of business administration from New York University.
About Mary Kipp
Mary Kipp is currently the president and CEO of Puget Sound Energy (PSE), Washington state’s largest electric utility company. Under her direction, PSE is working toward an aspirational goal of targeting the reduction of its carbon emissions to net zero by 2045 and going beyond that goal by helping other sectors to enable carbon reduction across the state of Washington. Prior to joining PSE, Kipp was president and CEO at El Paso Electric.
Mary Kipp holds a bachelor of arts degree from Williams College and a Juris doctor in law from the University of Texas.
About HEI
The Hawaiian Electric Industries, Inc., family of companies provides the energy and financial services that empower much of the economic and community activity of Hawaiʻi. HEI’s electric utility, Hawaiian Electric, supplies power to approximately 95% of Hawaiʻi’s population and is undertaking an ambitious effort to decarbonize its operations and the broader state economy. Its banking subsidiary, American Savings Bank, is one of Hawaiʻi’s largest financial institutions, providing a wide array of banking and other financial services and working to advance economic growth, affordability and financial fitness. HEI helps advance Hawaiʻi’s sustainability goals through investments by its non-regulated subsidiary, Pacific Current.
For more information: https://www.hei.com/
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