November 20, 2019
HOUSTON, Nov. 20, 2019 /PRNewswire/ -- BBVA USA announced today Murat Kalkan will be responsible for the bank's mortgage and home equity business across the U.S. including mortgage and home equity originations, servicing, secondary marketing, and portfolio management.
Kalkan brings nearly a decade of experience in strategy and transformation to the position, and he has been highly successful in the development and implementation of mortgage growth strategies. He has also led significant initiatives in digital and commercial banking.
"Murat's experience aligns with the bank's strategies and goals around digital transformation," said BBVA USA Head of Retail Banking Çağrı Süzer. "That experience, particularly his time with McKinsey & Company, will position him well to advance our mortgage objectives across the board."
Murat earned his MBA at the Wharton School of Business, with a major in finance and marketing. Before that, he graduated from Bosphorus University in Turkey with a bachelor of science in industrial engineering. Kalkan will be based in Houston, and is expected to assume his responsibilities in late October.
For more financial information about BBVA in the U.S., visit bbva.investorroom.com.
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 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.
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.
SOURCE BBVA USA
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