He Popular Group This Thursday announces organizational changes that renew their governance and executive structure to consolidate its leadership as one of the most relevant economic groups in the country and the expansion of its strategic plans in local and regional markets, diversifying its business portfolio.
“These movements underline the natural relief within the organization and value the experience and trajectory of their team of leaders, their ability to execute the strategic vision and to give continuity to their fundamental values and principles, thereby ensuring the sustainable growth of the institution and generating more value for its shareholders and society, “says the statement of the Popular Group.
He adds that the organizational changes were approved in the joint session of the Board of Directors of the Popular Group and of its main subsidiary, Dominican Popular Bank (BPD)held on Thursday, February 20, and will be ratified by the Shareholders Assemblies of both entities in the coming weeks.
Renewed leadership for a new growth stage
After more than 44 years as a counselor, of which he has served five years as president of the BPD Board of Directors, and 37 years as vice president of the Board of Directors of Popular Group, Marino D. Espinal become Emeritus advisor of both bodies, in recognition of their leadership and contributions to the growth of the financial organization.
- Manuel E. Jiménez F., With about six decades of career in the organization, it is accepted by withdrawal of its executive functions and is appointed as the new president of the BPD Board of Directors, after performing since May 2019 as executive president of Popular Group.
- René Grullón f., After an outstanding career of more than 30 years in the institution, and after performing as a senior executive vice president of national and international businesses of Popular Bank Dominican now assumes the Executive Presidency of Grupo Popularwhose board of directors is chaired by Mr. Manuel A. Grullón.
- Luis E. Espínolawhich has a 39 -year performance in the organization, now goes from the Executive Vice Presidency of Business and Investment Business to the Senior Executive Vice Presidency of National and International Business of BPD, reporting to the executive president of the Bancanria institution, Mr. Christopher Paniagua.
- Robinson Boucurrent vice president of BPD corporate business area, with a 23 -year career in the organization, is designated as executive vice president of business and investment businesses.
“This natural relay guarantees the stability and continuity of the Popular Groupwith experienced figures, whose extensive experience has already been key in the success of the organization, “the document details.
Changes aligned to the long -term strategy
With this new executive and government structure, it requires, The popular group He leads the change and reaffirms his role as the main economic and financial group of the Dominican Republic.
In a market in constant evolution, he adds, these changes give continuity to a management aligned with Excellencedigital transformation and sustainable growth, and facilitate the business group to continue identifying new business opportunities, both locally and internationally.
This strategy of diversification and growth is leveraged, above all, in the talent and commitment of a human team, whose experience, adaptation and vocation of service have been fundamental to Success.
The new designations They will continue to promote the implementation of key strategic plans, aligned with the priority sectors of the Dominican economy, to contribute in this way with the development objectives of the country.
