HOUSTON, Feb. 6, 2020 /PRNewswire/ -- BBVA USA said that Ignacio J. Carnicero is its new Chief Risk
Officer, responsible for the bank's enterprise risk management
program, in news that was first announced to employees in early
October 2019.
Carnicero, who becomes a member of the bank's U.S. Management
Committee, has been with BBVA for more than 12 years and is joining
the bank's U.S. unit from the Global Risk Management team in
Madrid, Spain, where he led the
Risk Analytics and Innovation area.
In the U.S. Carnicero will be responsible for continued
integration of the bank's risk culture, even as he builds on the
strong risk foundation that was previously laid across the bank's
U.S. operations. BBVA USA
President and CEO Javier Rodríguez Soler said Carnicero's position
is critical to the safe and sound operation of the bank as it
continues its digital transformation.
"BBVA has long had a strong orientation toward risk, as a vital
component of how we manage the bank day-to-day," he said. "In the
years that BBVA has been in the U.S., we've embedded a strong
foundational risk culture and now, as we move forward in our
digital transformation efforts, and in order to achieve the growth
we desire, we must continue operationalizing it. Ignacio's
leadership will guide the team to continue performing at a high
level."
Prior to his most recent role in Global Risk Management,
Carnicero was Global Head of Portfolio Management for CIB. He's
been with BBVA for more than 12 years and spent time at Santander
Bank and at consulting firm Afi before joining the Group.
Carnicero received his bachelor's degree at Universidad of
Valladolid and his master's in quantitative finance from the Center
for Monetary and Financial Studies. He also has a Financial Risk
Manager (FRM) certification.
Carnicero replaces Javier
Hernandez, who has joined the board of BBVA USA Bancshares, Inc. in order to provide
continuity in the bank's already strong risk culture.
For more information on BBVA USA, please click here.
For more BBVA news visit, www.bbva.com and the U.S. Media
Room.
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Instagram.
For more financial information about BBVA in the U.S., visit
bbvausa.investorroom.com.
About BBVA
BBVA Group
BBVA (NYSE: BBVA) is a customer-centric
global financial services group founded in 1857. The Group has a
strong leadership position in the Spanish market, is the largest
financial institution in Mexico,
it has leading franchises in South
America and the Sunbelt Region of the United States. It is also the leading
shareholder in Turkey's Garanti
BBVA. Its purpose is to bring the age of opportunities to everyone,
based on our customers' real needs: provide the best solutions,
helping them make the best financial decisions, through an easy and
convenient experience. The institution rests in solid values:
Customer comes first, we think big and we are one team. Its
responsible banking model aspires to achieve a more inclusive and
sustainable society.
BBVA USA
In the U.S.,
BBVA is a Sunbelt-based financial institution that operates 641
branches, including 330 in Texas,
89 in Alabama, 63 in Arizona, 61 in California, 44 in Florida, 37 in Colorado and 17 in New Mexico. The bank ranks among the top 25
largest U.S. commercial banks based on deposit market share and
ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). In the U.S., BBVA has been
recognized as one of the leading small business lenders by the
Small Business Administration (SBA) and ranked 8th nationally in
terms of dollar volume of SBA loans originated in fiscal year
2018.
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SOURCE BBVA USA