trending Market Intelligence /marketintelligence/en/news-insights/trending/OinBdny3mKK4JqDdEVB3cA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Grupo BAC Credomatic names new CEO

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Grupo BAC Credomatic names new CEO

GrupoBAC Credomatic has appointed Rodolfo Tabash Espinach, previously BAC Credomatic'scountry manager for Panama, to replace Ernesto Castegnaro as the group's CEO, Capital reported.

Castegnaroinformed the board of his resignation July 21, Costa Rican newspaper La Nación reported, citing a company statement.Castegnaro has led BAC Credomatic for the last 40 years, most recently as CEO andChairman.

The executivereportedly praised his successor, Tabash, who has more than 20 years of experienceworking in the group.

For hispart, Tabash said he looked forward to the challenge of leading the company andserving its customers in the region.

BAC Credomatic,which is owned by Colombia's GrupoAval Acciones y Valores S.A., has more than 3.3 million clients in theregion with operations in Panama, Costa Rica, Nicaragua, Honduras, El Salvador,Guatemala, Mexico and Florida, according to Grupo Aval. Its banking subsidiariesinclude BAC International Bank Inc.and Banco BAC San José SA.