August 29, 2018
HOUSTON, Aug. 29, 2018 /PRNewswire/ -- BBVA Compass announced today the appointment of David Bolocan as its Executive Director of Consumer Segments and Deposits, where he has overall responsibility for setting the strategic direction of consumer deposit products and the retail and mass market segments.
Bolocan will report to BBVA Compass Head of Retail Banking Çâğrı Süzer, and will directly oversee customer growth, balance growth, pricing and product design for the bank's largest customer area. Süzer says that Bolocan's past experience and success will be critically important to the bank, as the Retail unit expands its influence, obtains customers and strives to do its part in achieving the bank's strategic goals.
"BBVA Compass continues to have high expectations for profitable organic growth, and Retail is at the forefront of driving the bank's goals forward," he said. "David's role is crucial to this because he and his team ensure that we have the right mix of products, at the right time, and for the right people. His past experience will be a benefit on which we plan to capitalize, and I expect that he will bring a uniquely qualified voice to BBVA Compass."
Bolocan has more than 25 years of experience in Retail Banking and Management Consulting, with leadership posts at Bank of America, Chase, and SunTrust. In his most recent role as Senior Managing Director and Head of Retail Banking Solutions at Argus Information and Advisory Services, he oversaw customer segmentation, onboarding, product design, customer growth, pricing, branch sales, and network optimization projects.
Bolocan is a graduate of Harvard University with a B.A. in Computer Science and Economics. He earned an MBA and M.S. in Management Services from the Massachusetts Institute of Technology.
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 at www.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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