Bill Papp has been approved as chief executive officer and member of the board of directors of Arival Bank International Corporation by the Puerto Rico Office of the Commissioner of Financial Institutions (OCIF). OCIF is supervised by the Federal Reserve Bank of New York, which represents the Second Federal Reserve District. Papp will continue to serve as chief revenue officer for Arival Group.
As CEO, Papp will be responsible for leading and scaling Arival’s cutting edge banking services and solutions globally.
“Bill brings a wealth of public and private sector experience. In addition, Bill’s leadership qualities will help Arival to execute on its roadmap of providing digital banking to global businesses,” Javonsher Abdullaev, chairman of c, said.
“It is an exciting time to be part of the Arival Team, as we continue to execute on our growth plans. The Arival Team has built a strong foundation for growth,” Papp said.
Papp has over thirty years of executive management and leadership experience within commercial banking, global capital markets, custody and public fund boards. Previously, Papp has held executive positions with BankProv, Pacific Premier Trust, Microventures Marketplace, Mizuho Securities USA, KeyBanc Capital Markets (Pacific Crest Securities), Prudential Equity Group and Lehman Brothers.
