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  • Business

Popular Inc. Removes Carlos J. Vázquez And Replaces Him With Jorge J. García As Chief Financial Officer

“Popular will be well served by Jorge as Chief Financial Officer, anchored in his deep understanding and appreciation for our business,” said Mr. Vázquez. “He is a committed leader with great character and the highest competence, that will continue to contribute to our Corporation’s success for years to come.”
Sujata Rao Published: April 19, 2024 | Updated: April 19, 2024 3 minutes read
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Popular, Inc. (“Popular” or the “Corporation”) (NASDAQ: BPOP) announced today that Carlos J. Vázquez will retire effective March 31, 2024 after serving as Chief Financial Officer (“CFO”) since 2013, and in other senior leadership positions since joining Popular in 1997. He will be succeeded by Jorge J. García, currently Corporate Comptroller and Chief Accounting Officer.

“Popular will be well served by Jorge as Chief Financial Officer, anchored in his deep understanding and appreciation for our business,” said Mr. Vázquez. “He is a committed leader with great character and the highest competence, that will continue to contribute to our Corporation’s success for years to come.”

Mr. García joined Popular in 2005. Before being promoted to his current role as Corporate Comptroller and Chief Accounting Officer, Mr. García served as Senior Vice President and Director of Finance and Accounting of Popular Bank, the Corporation’s banking subsidiary in the mainland United States. Mr. García holds a B.B.A. in Accounting from the University of Iowa.

Popular also announced the appointment of Ms. Denissa M. Rodríguez Adorno as Corporate Comptroller and Chief Accounting Officer to succeed Mr. García. In this role, Ms. Rodríguez Adorno will report to Mr. García. Ms. Rodríguez Adorno has served since 2018 as Senior Vice President and General Auditor of the Corporation. Prior to joining the Corporation, Ms. Rodríguez Adorno worked at PricewaterhouseCoopers LLP for more than a decade in various roles. She holds a B.B.A. in Accounting and Finance from the University of Puerto Rico and is a Certified Public Accountant.

“These appointments reflect the depth of talent at Popular and our commitment to develop leaders that will ensure the success of our organization in the future,” concluded Mr. Alvarez.

About Popular, Inc.

Popular, Inc. (NASDAQ: BPOP) is the leading financial institution in Puerto Rico, by both assets and deposits, and ranks among the top 50 U.S. bank holding companies by assets. Founded in 1893, Banco Popular de Puerto Rico, Popular’s principal subsidiary, provides retail, mortgage and commercial banking services in Puerto Rico and the U.S. Virgin Islands. Popular also offers in Puerto Rico auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. In the mainland United States, Popular provides retail, mortgage and commercial banking services through its New York-chartered banking subsidiary, Popular Bank, which has branches located in New York, New Jersey and Florida.

About The Author

Sujata Rao

Sujata Rao

Deputy editor for markets and financial services, EMEA for Bloomberg.

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