Banesco USA Names Seno A. Bril to its Board of Directors

CORAL GABLES, Fla., Dec. 14, 2012 /PRNewswire/ -- Banesco USA, a multi-state rapidly growing full service Bank based in Coral Gables, announced it has named longtime international banker Seno A. Bril to its board of directors.

(Photo:  http://photos.prnewswire.com/prnh/20121214/FL30127 )

Bril is currently an owner of the Decorus Group, a real estate group based in Sunny Isles Beach specializing in luxury residential and commercial real estate, property management and asset management. He served previously as Board Chairman of Security Bank NA -- which was acquired by Banesco USA in May.

Bril has held senior management roles in the consumer financial services industry spanning the US and international markets for more than three decades. He spent most of that time with BNP Paribas, serving the worldwide banking consortium as a leading executive in Amsterdam, London, Geneva, Paris, México, Panamá, and in South Florida as head of BNP Paribas Miami Agency and chairman of the bank's Investment Services.

While in South Florida, he was president of the Florida International Bankers Association (FIBA), and head of International Wealth Management at SunTrust.

"We are delighted to have Seno Bril with his extensive experience in international wealth management and worldwide corporate and private banking joining our board of directors," said Rafael "Rafo" Saldaña, President and CEO of Banesco USA. "The invaluable market and regulatory expertise he brings to our institution will enable us to further accomplish all our domestic and international initiatives."

Bril's appointment to the Banesco USA board follows the election of veteran international banker Carlos Palomares as board chairman in March. Palomares replaced Coral Gables Mayor Raúl J. Valés-Fauli, who had chaired Banesco USA since the bank's beginnings in 2006.

Bril holds a degree in international relations from the Geneva-based Graduate Institute of International Studies. He is also a political-science graduate of the University of Geneva. He is a dual citizen of the United States and the Netherlands, and is fluent in four languages.

Since its launching more than six years ago as a homegrown commercial bank, Banesco USA has been gradually expanding in South Florida's competitive banking market. It has increased its branch presence and now has six locations in Miami-Dade and Broward counties, and one in San Juan, Puerto Rico.

Banesco USA earned $2.6 million as of Sept. 30 year to date, and reported $733 million in total assets for the same period. Year to date, loan portfolio grew by 61percent when compared to the same prior year period. New local loan commitments also increased by more than 110 percent during the same period.

"Our solid third-quarter results show we have become a market leader supporting the growth of South Florida with a focus on consumers, small businesses, and the real estate industry", Saldaña noted.

Banesco USA has its main offices at Banesco Center, 150 Alhambra Circle in Coral Gables. For more information, visit www.BanescoUSA.com.

SOURCE Banesco USA