OFG in Puerto Rico Adds to Executive Team

OFG Bancorp (OFG) in San Juan, Puerto Rico, added two members to its executive team.

The $7.8 billion-asset company said in a regulatory filing Thursday that Cesar Ortiz had become its chief risk officer, returning to a post he held from June 2007 through 2009. Ortiz, who has been OFG's chief accounting officer for the last two years, was the company's controller from 2010 to 2012.

OFG disclosed in a separate regulatory filing last week that Norberto Gonzalez, who had been its chief risk officer since January 2012, had decided to resign.

OFG also appointed Maritza Arizmendi to become its chief accounting officer. Arizmendi joined OFG in December 2012 when it bought Banco Bilbao Vizcaya Argentaria Puerto Rico. She had been CFO of BBVA's operations on the territory.