BBVA Compass Chairman and CEO Sanchez elected to American Bankers Association's board

- Sanchez will serve on the ABA's board of directors for a three-year term

- ABA represents banks of all sizes and their more than 2 million employees

Nov 10, 2015, 14:07 ET from BBVA Compass

HOUSTON, Nov. 10, 2015 /PRNewswire/ -- BBVA Compass announced today that its Chairman and CEO Manolo Sánchez has been elected to the American Bankers Association's board of directors, joining CEOs from banks of all sizes on the ABA's governing body.

Sánchez will serve a three-year term on the board, where he will represent the interests of the U.S. banking industry, BBVA Compass and the communities in the bank's Sunbelt region. ABA, which serves as a united voice for the nation's $16 trillion banking industry and its more than 2 million employees, provides educational benefits and programs for its members, represents the banking industry in Washington and speaks on behalf of it in the press.

"I'm honored to have this opportunity to serve on ABA's board as it works to address some of the core issues the financial industry is facing," Sánchez said. "We are part of an industry that will see immense change in the coming years — change on a scale similar to the revolutions that forever altered the music, media, retail and technology industries." 

Sánchez began his career with BBVA in 1990 in the International Correspondent Banking area. His career advanced with a number of management positions, and in 1999, he was appointed the director of the BBVA New York branch. In 2002, Sánchez joined the BBVA Bancomer team in Mexico City as chief risk officer. Since returning to the U.S. in 2005, he has held a number of increasingly responsible and strategic positions, including a lead role in the merger and integration of BBVA's four U.S. subsidiary banks. In December 2008, Sánchez assumed the helm of BBVA Compass and in September 2010, he assumed the role of BBVA U.S. Country Manager over all of BBVA Group's U.S. assets.

A graduate of Yale University, Sánchez earned master's degrees in international relations from the London School of Economics and in advanced European studies from the College of Europe.

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About BBVA Group 

BBVA Compass is a subsidiary of BBVA Compass Bancshares Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid position in Spain, is the largest financial institution in Mexico and has leading franchises in South America and the Sunbelt region of the United States. Its diversified business is geared toward high-growth markets and relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices. The Group is present in the main sustainability indexes. More information about the BBVA Group can be found at bbva.com.

About BBVA Compass

BBVA Compass is a Sunbelt-based financial institution that operates 672 branches, including 341 in Texas, 89 in Alabama, 77 in Arizona, 62 in California, 45 in Florida, 38 in Colorado and 20 in New Mexico, and commercial and private client offices throughout the U.S. BBVA Compass 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 (4th). BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration, and its mobile app recently earned the Mobile Banking Leader in Functionality Award for the second consecutive year from Javelin Strategy & Research. Additional information about BBVA Compass can be found at bbvacompass.com, by following @BBVACompassNews on Twitter or visiting newsroom.bbvacompass.com

Editor's Note: BBVA Compass is a trade name of Compass Bank.

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SOURCE BBVA Compass



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