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Advisory Committee Member Biography - Lawrence K. Fish
Photo of Lawrence K. Fish

Lawrence K. Fish is the Former Chairman and CEO of Citizens Financial Group, Inc., a multi-state commercial bank holding company headquartered in Providence, Rhode Island. Under Fish's leadership, CFG has grown 30-fold since he joined the company in 1992. It is one of the 10 largest commercial bank holding companies in the United States in total assets and deposits. It operates its branch network in 13 states through its Citizens Bank and Charter One brands, and has non-branch retail and commercial offices in about 40 states

Fish began his career in 1969 with the US Agency for International Development (USAID) and was assigned to Rio de Janeiro Brazil. His banking career began in 1972 at Bank of Boston, where Fish ran operations in Brazil and Japan, headed the Asia-Pacific Region, ran Trust worldwide and headed New England Banking. During 1990 to 1991, he led the fight to revive the ailing Bank of New England Corporation.

In January 1999, he joined the Federal Advisory Council, a panel of 12 bankers who serve as a key source of information for the Federal Reserve Board of Governors and the banking community. In January 2001, he was appointed Vice Chairman of the Federal Advisory Council. Fish served as Director of The Federal Reserve Bank of Boston from 2002 through 2004.

Fish holds leadership positions in business and in the community. He is a Director of Textron Inc. and Tiffany & Co. In July 2003, he was named to the MIT Corporation, which is the Board of Trustees of Massachusetts Institute of Technology. In 2007 he was elected as a Fellow into the American Academy of Arts & Sciences. He serves on the FDIC Commission on Economic Inclusion, a panel that provides the FDIC with advice and recommendations on expanding access to banking services by under-served populations.

He is an Overseer of the Boston Symphony Orchestra and has served on the Board of Directors of Boston's Dimock Community Foundation, Inc. and on the Board of Advisors of Rosie’s Place, a sanctuary for poor and homeless women in Boston. He also serves on the Board of Directors of the Committee to Encourage Corporate Philanthropy, the only international forum of business CEOs and Chairpersons exclusively focused on corporate philanthropy and is an Honorary Trustee of The Brookings Institution in Washington, D.C.

He has chaired numerous capital campaigns, including major initiatives to assist Rosie's Place, and The Vietnamese Community Center, a facility for nonprofit agencies that provide economic development and social services to Boston's 20,000 Vietnamese refugee and immigrant families. He is particularly interested in the issues of immigration and urban poverty, and serves as a volunteer at inner-city organizations in Boston and Providence.

A 1966 graduate of Drake, Fish earned an M.B.A. from the Harvard Graduate School of Business Administration in 1968. He was the recipient of Harvard's Frank Knox Fellowship, which included graduate study at the London School of Economics and travel in India. Fish is the recipient of honorary doctorate degrees from Drake University, Providence College, Bryant College, Roger Williams University, Johnson & Wales University and the University of Massachusetts.

Fish and his wife Atsuko, who is involved in various community organizations in Boston, reside with their children in the Boston area.

Last Updated 06/18/2008 come-in@fdic.gov