Popular Appoints Israel Velasco as EVP and Head of U.S. Operations
Popular announced executive leadership changes to support the objectives of its new strategic framework. Israel Velasco was appointed Executive Vice President and Head of U.S. Operations of Popular Bank, the Corporation's banking subsidiary in the mainland U.S., succeeding Manuel Chinea. Velasco has led the Corporation's Florida operations for 21 years and will continue to advance Popular's U.S. strategy to improve financial performance and drive operational effectiveness in support of Popular's strategic objectives. He will join the Corporation's Senior Management Team. Chinea, who has led the U.S. operations for the past 13 years, will take on the newly-formed role of Chief Experience and Administration Services Officer of the Corporation, where he will oversee Customer Experience, Human Resources, Corporate Real Estate and Marketing.
