American Savings Bank Welcomes New Board Members

May 12, 2018, 12:00 PM HST
* Updated May 11, 1:19 PM
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American Savings Bank (ASB) has announced the addition of two new members to its board of directors: Elisia Flores, vice president and chief financial officer of L&L Franchise Inc. and Mike Kennedy, president of OFX North America.

Flores will serve on the board’s audit committee. She has more than 15 years of leadership experience in corporate finance and holds an Executive MBA from the University of California, Los Angeles, and a Bachelor of Science from the University of Southern California. She currently serves on the boards of Diamond Head Theatre, the Patsy T. Mink Center for Business Leadership, Family Business Center of Hawai‘i and the Kapi‘olani Community College Culinary Arts Program.

Elisia Flores. Courtesy photo.


“We are excited to welcome someone of Elisia’s caliber, who has corporate experience locally with L&L Franchise Inc. and nationally with General Electric,” said Rich Wacker, ASB president and CEO. “Elisia’s deep roots in Hawai‘i combined with her extensive finance experience bring much value to our board.”

“I am proud to join the board of ASB, a financial institution I have long admired for its dedication and commitment to the people of Hawai‘i,” said Flores. “I am looking forward to being part of ASB’s continued growth and service to our community.”

Mike Kennedy. Courtesy photo.


Kennedy is the president of OFX North America, one of the world’s largest international payments providers. He is also the co-founder of clearXchange LLC—now known as Zelle—a successful payment network that allows bank customers to send person-to-person electronic payments in the U.S. Kennedy previously served as the executive vice president at Wells Fargo and also held leadership roles with McKinsey & Company and Vail Associates.


“Mike’s revolutionary work and leadership in fintech make him a welcome addition to our board,” said Wacker. “His insights will greatly support our focus on making banking easy for our customers.”

Kennedy is joining the ASB board’s risk committee. He earned his MBA from Harvard Business School and Bachelor and Master of Science degrees from Stanford University.

“I look forward to furthering ASB’s work to deliver great products and services to its customers, and its support for the communities of Hawai‘i,” said Kennedy.

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