BBVA names new CEO of Texas border, Gulf Coast markets
BBVA USA said Monday that it has promoted a longtime Texas-based employee to lead its commercial banking operations in the Texas border and Gulf Coast markets.
As Texas border and Gulf Coast CEO, Susana Valencia will oversee markets including the Rio Grande Valley, Corpus Christi and Beaumont. City presidents in those markets will also report directly to her. Valencia is currently the bank’s Laredo City president and will retain that title in addition to her new responsibilities, the bank said.
In its announcement, the $91.9 billion-asset BBVA USA said that Valencia had been with the bank and its predecessors for 20 years, beginning at Laredo National Bank. BBVA's predecessor, Compass Bank, acquired Laredo National Bank in 2008 and Valencia became city president in 2012. She has also held titles including vice president of international private banking and lending and senior vice president of international corporate banking.
"Susana Valencia is everything that BBVA USA wants in a colleague, and she has epitomized the company's mission of creating opportunities throughout her long career with the bank," Texas Region Executive Jeff Dudderar said in a press release. "I cannot emphasize enough how much BBVA appreciates Susana's positive attitude, energy, leadership and passion that she has for her employees, clients and community."
The bank’s previous Texas border and Gulf Coast CEO, Jon Rebello, was named its Austin CEO, where he will lead commercial banking operations and global wealth operations in that market. His predecessor, Dillon Knudson, was named CEO of the bank’s Houston market, which is also BBVA’s largest U.S. market.
Earlier this year, BBVA dropped Compass from its name and its U.S. business is now known as BBVA USA.
More than half of BBVA’s U.S. branches are in Texas, and the bank currently has the No. 5 deposit share in that state. In the greater Houston market, it has the No. 4 deposit market share, behind JPMorgan Chase, Wells Fargo and Bank of America.