Aug. 29, 2013
/PRNewswire/ -- BBVA Compass announced today that
Gabriel Sanchez Iniesta
has been named its new chief information officer following Sergio Fidalgo's appointment as
-based head of Applications & Architecture for BBVA Group.
served as BBVA Group's Multichannel Technologies director. A native of
, he was responsible for developing the multichannel architecture BBVA developed in many countries across its global footprint and the core banking platform it currently uses in
. He came to BBVA Group in 1997 following several years with Accenture.
Fidalgo, who was in charge of BBVA Compass' Technology and Support Services unit for five years, successfully led a major transformation of the bank's legacy technology into a core banking platform that enables real-time transactions. American Banker called it an "epic" project and "one of the largest bank core overhauls in the U.S.," while one analyst told the Houston Business Journal it had the makings of a "game changer" for the banking industry.
inherits that ground-breaking platform and is well-positioned to lead the next phase of the bank's technology growth, which will focus on multichannel banking, said BBVA Compass President and CEO
"We are getting another talented executive from BBVA to lead our Technology and Support Services organization," Sanchez said.
About BBVA Group
BBVA Compass is a subsidiary of BBVA Compass Bancshares Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid position in
, is the largest financial institution in
and has leading franchises in
and the Sunbelt region of
the United States
. Its diversified business is geared toward high-growth markets and 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 best practices. The Group is present in the main sustainability indexes. More information about the BBVA Group can be found at
About BBVA Compass
BBVA Compass is a Sunbelt-based financial institution that operates 688 branches, including 352 in
, 90 in
, 78 in
, 64 in
, 45 in
, 38 in
and 21 in
. BBVA Compass ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in
(5th). BBVA Compass has been recognized as one of the leading Small Business Administration lenders and was recently awarded the 2013 Celent Model Bank Award for its new core banking platform. Additional information about BBVA Compass can be found at
BBVA Compass is a trade name of Compass Bank, member FDIC.
SOURCE BBVA Compass