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BBVA appoints deputy CEO of Turkish bank as head of US-based Compass Bank

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BBVA appoints deputy CEO of Turkish bank as head of US-based Compass Bank

Birmingham, Ala.-based Compass Bank named Onur Genç CEO, effective during the first quarter of 2017.

He will replace Manuel Sánchez-Rodriguez, who will remain chairman of the board as a nonexecutive director. Currently, Genç is deputy CEO of Istanbul, Turkey-based Türkiye Garanti Bankasi AS.

Compass Bank is a unit of Houston-based BBVA Compass Bancshares Inc., which in turn is a unit of Bilbao, Spain-based Banco Bilbao Vizcaya Argentaria SA, which owns 39.9% of Türkiye Garanti Bankasi.