Popular, Inc. announced that on October 21, 2021, Javier D. Ferrer was appointed Executive Vice President, Chief Operating Officer and Head of Business Strategy. He was also appointed Executive Vice President, Chief Operating Officer and Head of Business Strategy of Popular North America, Inc., Senior Executive Vice President, Chief Operating Officer and Head of Business Strategy of Banco Popular de Puerto Rico and Senior Executive Vice President and Head of Business Strategy of Popular Bank. His appointments are effective January 1, 2022. Before joining Popular, Mr. Ferrer was a founding partner of Pietrantoni M?ndez & Alvarez LLC, a San Juan, Puerto Rico based law firm, were he worked from September 1992 to December 2012 and from August 2013 to September 2014. In his role as Chief Operating Officer and Head of Business Strategy of the Corporation, Mr. Ferrer will report directly to Ignacio Alvarez, the Corporation?s President and Chief Executive Officer, and shall oversee all of the company's businesses, including Puerto Rico and U.S. based commercial, retail, individual credit and financial and insurance service units. Also on October 21, 2021, Jos? R. Coleman Ti? was appointed Executive Vice President, Chief Legal Officer and General Counsel of the Corporation, PNA, BPPR and PB, effective January 1, 2022. Mr. Coleman Ti? has served as the Corporation?s and BPPR?s Senior Vice President and Deputy General Counsel since February 2017. Prior to joining Popular, Mr. Coleman Ti? was an independent provider of legal and financial advisory services.
Popular, Inc. (Popular) is a financial holding company. The Company operates in two segments: Banco Popular de Puerto Rico (BPPR), which includes its Puerto Rico business, and Banco Popular North America (BPNA), which includes its the United States mainland business. The Company has operations in Puerto Rico, the United States and the Caribbean. The Company's BPPR segment provides retail, mortgage and commercial banking services through its banking subsidiary, Banco Popular de Puerto Rico, as well as auto and equipment leasing and financing, investment banking, broker-dealer and insurance services through specialized subsidiaries. The Company's BPNA segment consists of Popular North America, Inc. (PNA) functioning as the holding company for its operations in the United States. It also operates PNA's subsidiary, E-LOAN, Inc. The banking operations of BPNA in the United States mainland are based in New York, Florida and New Jersey, conducted under the name of Popular Community Bank.