Financial Institutions, Inc. Appoints Bruce W. Harting to

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WARSAW, N.Y., Aug. 22, 2022 (GLOBE NEWSWIRE) — Financial Institutions, Inc. (NASDAQ:FISI) (the “Company” or “we”), dad or mum firm of Five Star Bank (the “Bank”), SDN Insurance Agency, LLC, Courier Capital, LLC and HNP Capital, LLC, in the present day introduced the appointment of Bruce W. Harting as a brand new impartial member of its Board of Directors, efficient instantly.

Mr. Harting, who most lately served as Team Chief Investment Officer, Private Wealth Advisor at Rockefeller Capital Management, has devoted a long time of service to his funding banking and fairness analysis purchasers by way of many financial cycles throughout his profession.

“We are very pleased to welcome Bruce Harting to the Boards of Directors of both Financial Institutions, Inc. and Five Star Bank,” mentioned Susan R. Holliday, Chair of the Boards of Directors of the Company and the Bank. “Bruce is a seasoned executive whose corporate development expertise, understanding of the financial markets and experience in the financial services industry will be highly valuable as we continue to execute on our long-term strategic plan and growth strategy.”

“Bruce’s exceptional skill set and deep experience broaden the scope of our diverse and talented Board of Directors,” mentioned Martin Ok. Birmingham, President and CEO of the Company and the Bank. “For more than 35 years, he has been a leader in the financial services industry, as both a sell side research analyst and an investment banker. We are very fortunate to welcome him to our Board and look forward to his guidance and contributions as we continue to grow.”

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Mr. Harting’s appointment will increase the scale of the Company’s Board to twelve members, eleven of whom are impartial. He is the sixth board member added since 2016, in line with the Company’s dedication to board refreshment. As a monetary professional with sturdy strategic growth, management, regulated monetary providers trade, and threat oversight expertise, Mr. Harting will serve on the Audit and Risk Oversight Committees.

Before becoming a member of Rockefeller Capital, Mr. Harting served as Managing Director and Head of North American Commercial Bank Coverage within the Investment Banking Group at Deutsche Bank. Previously, he served as Managing Director of Investment Banking at each Credit Suisse and Barclays Capital, protecting banks and specialty monetary corporations. Mr. Harting spent the primary 25 years of his profession as an fairness analyst at Barclays, Lehman Brothers, Salomon Brothers and Kidder Peabody. He was the #1 ranked fairness analysis analyst protecting specialty finance corporations within the U.S. whereas at Lehman and Barclays.

A CFA® charterholder, Mr. Harting graduated from American University and acquired an M.A. diploma in political science from the University of Pennsylvania.

About Financial Institutions, Inc.
Financial Institutions, Inc. gives diversified monetary providers by way of its subsidiaries Five Star Bank, SDN Insurance Agency, LLC (“SDN”), Courier Capital, LLC (“Courier Capital”) and HNP Capital, LLC (“HNP Capital”). Five Star Bank gives a variety of client and industrial banking and lending providers to people, municipalities, and companies by way of a community of greater than 45 workplaces all through Western and Central New York State and a industrial mortgage manufacturing workplace in Ellicott City (Baltimore), Maryland. SDN gives a broad vary of insurance providers to private and business purchasers. Courier Capital and HNP Capital present custom-made funding administration, funding consulting and retirement plan providers to people, companies, establishments, foundations, and retirement plans. Financial Institutions, Inc. and its subsidiaries make use of roughly 650 people. The Company’s inventory is listed on the Nasdaq Global Select Market below the image FISI. Additional data is offered at www.fiiwarsaw.com.

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For extra data contact:
Kate Croft
(716) 817-5159
KLCroft@five-starbank.com

A photograph accompanying this announcement is offered at 
https://www.globenewswire.com/NewsRoom/AttachmentNg/7429e879-d89f-46e3-a00f-c4697b56d487



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