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OFG Bancorp SVP gets new role; 2 execs earn promotions at Southwest Georgia Bank

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OFG Bancorp SVP gets new role; 2 execs earn promotions at Southwest Georgia Bank

S&P Global Market Intelligence presents a daily roundup of management and board changes in the financial services and bank and thrift industries. This feature excludes C-level leadership changes and stories previously covered by S&P Global Market Intelligence.

Banking

OFG Bancorp appointed Ramón Rosado to a new position as senior vice president and director of the U.S. Loan Program.

Rosado had been senior vice president and treasurer of the San Juan, Puerto Rico-based company since 2010. In his new role, Rosado will no longer be the company's treasurer.

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Manuel Romero is set to resign from the boards of Bronx, N.Y.-based Ponce Bank MHC, PDL Community Bancorp and Ponce Bank (MHC), effective Jan. 1, 2019.

Romero is president of Manuel A. Romero PC, a professional corporation specializing in personal injury law matters, S&P Global Market Intelligence records show.

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Southwest Georgia Financial Corp. promoted Ross Dekle and Jud Moritz to executive vice president of Southwest Georgia Bank.

Dekle started his banking career with the bank in 2004 in the management trainee program and currently is Moultrie Region president and commercial and agricultural lender. Moritz has served as Valdosta Region president since 2011 and senior vice president since December 2010.

Financial services

Pegasystems Inc. appointed Ronald Hovsepian to its board, effective Jan. 1, 2019. His appointment expands the size of the board to eight from seven members.

Hovsepian, 57, served as president and CEO of several technology companies.