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BBVA names Jesús Verdugo and Manuel Moure to key Business Development roles in the U.S.

- Jesús Verdugo: Verdugo will serve as Head of Strategy and Portfolio Management, joining the team from his role as Global Head of Business Execution Group for Talent & Culture for BBVA Group in Madrid

- Manuel Moure: Moure joins the team as Head of Retail Customer Solutions Development, bringing experience from BBVA Global, BBVA Spain and the BBVA Innovation Hub

HOUSTON, June 20, 2019 /PRNewswire/ -- BBVA today announced the appointments of Jesús Verdugo and Manuel Moure to its Business Development team in the U.S. Verdugo will serve as Head of Strategy and Portfolio Management, while Moure is the Head of Retail Customer Solutions Development.

BBVA's new logo (PRNewsfoto/BBVA)

In his role, Verdugo will provide critical support to business activity and project initiatives within the Business Development Unit to ensure strategic alignment within the U.S. He will also be responsible for Client Solutions project prioritization and asset allocation, as well as its agile coaches and finance.

Moure also joins the U.S. team from BBVA Group in Madrid and will be responsible for managing the execution of retail customer programs and projects, including leading the development of the bank's award-winning mobile banking app. He has been with BBVA since 2010 and most recently served as Global Product Director, building a strong digital product management culture and leading the digital transformation within the product team through the adoption of agile methodologies. 

"The skill sets and experience that Jesús and Manuel bring to the table would make each of them a fantastic addition to the Business Development team in his own right," said Jose Luis Elechiguerra, Head of Business Development in the U.S. "Having both of them here gives us the building blocks we need to continue on our aggressive course toward growth and transformation." 

Verdugo comes to the U.S. from his most recent prior role as Global Head of Business Execution Group for Talent & Culture in Madrid, where he sponsored the project to transform the area into an agile center of operational excellence. He previously served as one of the global Organization & Business Process Engineering Directors for BBVA.

Prior to joining the bank, Verdugo led a number of local and international teams through transformation plans, process reengineering and organizational restructuring for leading global financial institutions. His career has taken him to roles in China, Spain, Mexico, Chile, and Switzerland, as well as the U.S. He earned his Bachelor of Science and Master of Science degrees in Telecommunications Engineering from Stuttgart Universität in Germany and Universidad Politécnica de Madrid, respectively.

Prior to his time with BBVA in Madrid, Moure was the Innovation and Digital Strategist for BBVA Innovation Hub and BBVA Ventures in San Francisco. He was a key part of the team that developed a solution within the BBVA app that allows customers to access all their financial data in one place, improving lending opportunities. Moure has also worked at a number of technology start-ups, helping to groom and grow them for acquisition. He began his career as a software engineer, after earning his Bachelor of Science in Engineering and Master of Science in Telecommunications degrees from Universidad Politécnica de Madrid. 

For more on BBVA, go to www.bbvausa.com.

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For more financial information about BBVA in the U.S., visit bbva.investorroom.com.

About BBVA

BBVA Group
BBVA (BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market and 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 BBVA Garanti. BBVA's 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. BBVA's 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 329 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 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.

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