Risk Management Association - Hawaii Chapter
Founded in 1914, The Risk Management Association (RMA) is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.
Headquartered in Philadelphia, Pennsylvania, RMA has approximately 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the association by 18,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific.
The Hawaii Chapter, like all RMA chapters, is organized and run by volunteer members. We strongly encourage current or prospective members to become involved in shaping the future direction of the chapter by contacting any of the current officers or committee chairs. We would also be happy to discuss the many benefits that can be derived from membership in RMA.
The Hawaii Chapter started in 1951 with a single member, the late Dan Dorman, a former bank examiner and West Coast banker. He had come to Hawaii to join the First Hawaiian Bank, formerly Bishop First National Bank of Hawaii. Dan was already an RMA member and he realized affiliation with the National Association would be very beneficial to the local banking industry. As a result, he asked Robert W. Chatterton of his bank to canvass Hawaii's other banks for members. The "founding fathers" of the Hawaii Chapter of RMA were Denis C.H. Kam, SVP ? Bank of Hawaii; Harold Yamanaka, EVP ? Central Pacific Bank; Albert S.C. Chun, SVP ? First Interstate Bank; and Donald M.S. Young, SVP ? Liberty Bank.
Although this chapter is thousands of nautical and land miles away from our mainland chapters, members are joined by their commitment to RMA's cause and its continued growth and development.