NYSE:FBPBanks
Is First BanCorp’s CFO Succession Plan Shaping a New Capital Management Narrative for FBP?
First BanCorp. has announced that long-serving Chief Financial Officer and Executive Vice President Orlando Berges will retire on June 30, 2026, with current Senior Vice President and Chief Accounting Officer Said Ortiz set to assume the CFO and Executive Vice President roles from July 1, 2026, following a planned transition period.
The decision to elevate Ortiz, an internal leader with deep experience in the bank’s finance and control functions, signals an emphasis on continuity in...