BBVA Compass officially names Dillan Knudson as its Austin CEO

AUSTIN, Texas, Dec. 10, 2018 /PRNewswire/ -- BBVA Compass has appointed banking industry veteran Dillan Knudson as its new Austin CEO, where he will lead the market's commercial banking operations, local Global Wealth team, and small business banking and manage the local advisory board.

Knudson has been in the industry for more than a decade, with a background in commercial and healthcare banking. Since joining BBVA Compass in 2011 as a credit products officer, Knudson has held titles such as relationship manager, and most recently, market president for the Inland Empire.

"Dillan is a hard-working, fast-rising banking professional who brings an energy and innovative way of thinking that reflects Austin's startup atmosphere," said BBVA Compass Texas Regional Executive Jeff Dudderar. "He is consistently a top-performer and has won multiple bank awards for his extraordinary and consistent performance. He has also worked in diverse areas of the industry, and is well prepared to take on the market's various banking needs."

Before joining BBVA Compass, Knudson also worked in investment banking with an advisory firm that specialized in New Market Tax Credits, Low Income Housing Tax Credits, Historic Tax Credits and Investment Tax Credits. In addition, he has worked in commercial real estate, focusing on medical office buildings in Arizona and Utah.

Knudson is also an active member of the communities he has called home, most recently serving as a board member for the Make-A-Wish Foundation of Orange County and the Inland Empire. He has also served on the executive leadership council for Hope Through Housing.

A native of North Dakota, Knudson earned a bachelor's degree in finance from the University of North Dakota. He also was selected to attend the BBVA Compass Executive Education Program at the University of Texas in 2016.

Knudson's appointment to market CEO comes on the heels of previous Austin CEO Joe Petet's retirement at the end of the calendar year. Petet has been the market's leader for almost ten years and is stepping down after a successful run with the bank that has seen high market share rankings and robust deposit numbers.

"We are very sad to see Joe leave, but we couldn't be happier for him and the new chapter he is choosing to undertake," said Dudderar. "BBVA Compass saw substantial growth in the Austin market, and it was thanks in no small part to Joe's solid leadership and his eye for up-and-coming talent. We wish him just as much success in retirement."

To learn more about BBVA Compass, visit: www.bbvacompass.com.

For more news visit: www.bbva.com and newsroom.bbvacompass.com.

About 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; and it is also the leading shareholder in Garanti, Turkey's biggest bank for market capitalization. Its diversified business is focused on high-growth markets and it 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. More information about BBVA Group can be found at bbva.com.

About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates 645 branches, including 332 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 18 in New Mexico. 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 (6th). BBVA Compass has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 6th nationally in the total number of SBA loans originated in fiscal year 2017. Additional information about BBVA Compass can be found under the Investor Relations tab at bbvacompass.com. For more BBVA Compass news, follow @BBVACompassNews on Twitter, visit newsroom.bbvacompass.com, or visit bbva.com.

SOURCE BBVA Compass

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