Following the retirement of current CEO Javier Ferrer, Banco Popular has named Jorge Garcia as chief executive, Lidio Soriano as CFO, and Luis Sousa as CRO.
Puerto Rico’s Banco Popular has announced that it will promote executive vice president and chief financial officer Jorge Garcia to president and CEO, following the retirement of Javier D. Ferrer, which is set to take place on 31 August.
Ferrer closes this chapter in his career having spent over 12 years at the bank. Since joining in 2014 as chief legal officer, he has held numerous leadership roles, including chief operating officer and president.
In a parting message, Ferrer shares, “With the satisfaction of seeing Popular solid, united, and moving forward with a clear purpose and strategy, I’m announcing my retirement”. He continues: “As I begin this next chapter, I look forward to focusing on my health and spending meaningful time with my family and friends.”
