BBVA Wealth Solutions, Inc. names Jorge Unda its Chief Investment Officer

HOUSTON, Jan. 9, 2020 /PRNewswire/ -- BBVA USA has appointed Jorge Unda as Chief Investment Officer of its asset management units. In his new role, Unda will be responsible for overseeing the asset management functions of both the bank's Asset Management & Trust division and those of BBVA Wealth Solutions, Inc., a registered investment adviser affiliate of the bank.

Unda will report to Executive Director of BBVA Investment Services Bruce Hagemann. Most recently, Unda served in the role of BBVA LatAm Chief Investment Officer, based in Mexico City.

"Jorge's vast knowledge of diverse, global markets is going to be a valuable cornerstone to our operations," said Hagemann. "He has seen a lot and provided solutions to various clients over the 30 years that he has been with BBVA, all within the asset management and private banking realm. His creativity and management experience will take our team to a new level."

Unda has been with BBVA since 1990, starting as a product manager, a position he held until 2003. From there, he became the CEO of Ultra-High Net-Worth clients in Mexico for five years before ascending to CIO of Asset Management, also for the bank's Mexico footprint.

He is a CFA charterholder, has a degree in economics from Universidad de las Américas, Puebla, and both a diploma in Stock Finance and a Masters in Finance from Instituto Tecnologico Autonomo de Mexico. He has been a speaker at multiple conferences throughout his career, and has participated in the writing of two books, including Latin American Local Capital Markets.

He also is proficient in four languages, including Spanish, English, French and Portuguese. In his new role, Unda will be based out of the bank's Houston headquarters.

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About BBVA

BBVA Group
BBVA (NYSE: BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey's Garanti BBVA. Its purpose is to bring the age of opportunities to everyone, based on our customers' real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society.

BBVA USA
In the U.S., BBVA is a Sunbelt-based financial institution that operates 641 branches, including 330 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 44 in Florida, 37 in Colorado and 17 in New Mexico. The bank ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). In the U.S., BBVA has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 8th nationally in terms of dollar volume of SBA loans originated in fiscal year 2018.

SOURCE BBVA USA