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Oriental Financial Group Inc. (OFG)On Jan 5: 10.48  Up 0.08 (0.77%)  
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Oriental Financial Group Inc.
Oriental Center 10th Floor
Professional Offices Park 997 San Roberto Street
San Juan, PR 00926
United States - Map
Phone: 787-771-6800
Fax: 787-771-6770
Web Site: http://www.orientalfg.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Money Center Banks
Full Time Employees:547

BUSINESS SUMMARY 
Oriental Financial Group Inc., a financial holding company, provides a range of financial products and services primarily in Puerto Rico and Florida. The company, through Oriental Bank and Trust, offers banking services, such as commercial and consumer lending, saving and time deposit products, financial planning, corporate and individual trust services, and mortgage lending services, as well as operates an international banking entity Oriental International Bank, Inc. It also provides deposits and mortgage, commercial, and consumer loans, as well as engages in the origination, purchase, and sale of residential mortgage loans to other financial institutions in the secondary market. As of December 31, 2008, Oriental Financial Group had 23 branches in Puerto Rico. The company, through its subsidiaries, also provides financial services, including fiduciary, insurance, and pension administration services; investment banking services; and securities brokerage services covering various investment alternatives, such as tax-advantaged fixed income securities, mutual funds, stocks, and bonds to retail and institutional clients. It also offers separately managed accounts and mutual fund asset allocation programs; and manages and participates in public offerings and private placements of debt and equity securities, as well as provides insurance agency services. In addition, the company provides administration of retirement plans. It primarily serves mid and high net worth individuals and families, including professionals and owners of small and mid-sized businesses. The company was founded in 1964 and is based in San Juan, Puerto Rico.
Key Statistics

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    CORPORATE GOVERNANCE 
    Oriental Financial Group Inc.'s Corporate Governance Quotient (CGQ®) as of 3-Jan-10 is better than 91.9% of Russell 3000 companies and 94.7% of Banks companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. José Rafael Fernández , 47
    Vice Chairman, Chief Exec. Officer, Pres, Member of Financial Reporting & Disclosure Committee, Pres of Oriental Financial Services Corp. of Oriental Bank & Trust
    $ 642.00K $ 457.00K
    Mr. Norberto González C.P.A, J.D., CIA, 51
    Chief Financial Officer, Exec. VP of Risk Management and Member of Financial Reporting & Disclosure Committee
    N/A N/A
    Dr. Ganesh Kumar , 48
    Chief Operating Officer and Exec. VP of Operations & Strategic Planning
    N/A N/A
    Mr. Jose Gabriel Diaz Esq., 45
    First Sr. VP and Exec. Trust Officer
    $ 262.00KN/A
    Mr. Julio R. Micheo CPA, 49
    Chief Investment Officer, Sr. Exec. VP and Treasurer
    $ 554.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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