- Direct report: In his new role, McMahon reports directly to the BBVA USA President and CEO and becomes a member of the bank's Management Committee
- Tenured: McMahon brings more than 13 years of experience at the bank in the US to the role
- Significant: BBVA USA President and CEO says Head of Engineering a key role in driving the bank's digital transformation
BIRMINGHAM, Ala., May 24, 2019 /PRNewswire/ -- BBVA USA today announced that it has named Kevin McMahon as its new U.S. Head of Engineering, where he will be responsible for the company's overall information technology strategy.
A 13-year veteran of the bank in the US, McMahon will report directly to BBVA USA President and CEO Javier Rodríguez Soler and become a member of the bank's US Management Committee. He will be responsible for the bank's application systems, telecommunications and systems operations, and manages bank operations, including central operations, loan operations, item processing and trust operations, as well as corporate security and transformation coordination. Rodríguez Soler said McMahon's position is significant in driving the bank's digital transformation.
"BBVA's recently announced unification into a global brand and global digital company brings into stark relief the importance of the Engineering function," he said. "The work Kevin and his team do and the technology they oversee allow us to continue pushing forward our digital agenda, where we work as one unified team to bring the best products and services to our customers globally."
In April, BBVA announced that it is unifying its brand and launching a new logo as part of its continued digital evolution. The brand unification is underscored by the development of global products and services that leverage the bank's one-time development process - a process in which Engineering plays a key role.
"Engineering is the engine behind product and service development," said BBVA Global Head of Engineering & Organization Ricardo Forcano. "That Kevin has led Engineering teams for 13 years at BBVA USA, and was part of the leadership team behind the award-winning core banking conversion, means he knows the department and the technology inside and out. His long history with the bank in the US will be key to ensuring that BBVA USA plays an instrumental role in delivering the products and services our customers want and need."
McMahon was previously the Head of Business Software Engineering, where he led the bank's core banking and channel development activities. He was also the Manager of Channel Application, with responsibilities that included project management of capital projects and software development of Online Banking, Mobile, Wallet, ATMs, Contact Center systems, CRM, Online Account Origination, Teller and various other channel specific applications.
McMahon has held several other positions with BBVA USA including Director of Enterprise Architecture and Design and Development Manager for multiple applications. As previously referenced, he was part of the leadership team that implemented the industry-leading real-time core banking conversion in 2013. Before joining the BBVA Group, he worked for Frost Bank a regional Texas bank and was an officer in the US Air Force. McMahon has worked in Information Technology functions for a total of 25 years.
McMahon replaces Jorge Ortiz, who leaves the company to pursue other professional opportunities.
"In the time I spent at BBVA, I've had many opportunities to learn and grow in countries around the world," Ortiz said. "I leave the company for new professional challenges, but wish BBVA nothing but the best."
For more information on BBVA USA, please click here.
For more financial information about BBVA Compass, visit bbva.investorroom.com.
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 Compass (BBVA USA)
BBVA Compass (BBVA USA) 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). BBVA Compass 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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