BBVA Compass named Giampaolo Consigliere its Miami Market CEO. Consigliere will be responsible for Miami operations and multiple units within it, including Commercial Banking, Global Wealth and Treasury Management.
He had previously led bank efforts for Global Wealth and acted as Market CEO in two of BBVA’s primary markets.
“The Miami market is an important one for BBVA Compass, given its diversity, global population and strong penchant for both national and international business,” said BBVA Compass Chief Operating Officer Rafael Bustillo. “The numbers prove its importance, as in the past eight years since the bank entered the area with just two people in its loan production office, the size of our team has grown to nearly 50. Giampaolo, with his experience across both the Commercial and Global Wealth operations of the bank, is the right choice to continue the work being done in the market and position it to take even more advantage of the thriving business climate.”
Consigliere joined BBVA in 1998 and progressed with the company, taking positions in New York, Laredo, TX, Houston and Dallas. In Laredo, he served as the executive vice president for International Corporate Banking and Laredo City president. He then took over as regional executive for Wealth Management in North Central Texas, serving most recently as the segment executive for Global Wealth Management.
“Giampaolo has decades of experience with BBVA and BBVA Compass,” said BBVA Compass East Region CEO Lee Smith. “He knows the bank intimately and will use that knowledge to the ultimate benefit of the South Florida market. Our clients will appreciate the expertise that Giampaolo is bringing to the table.”
Among the bank’s Commercial Banking Services are solutions for financing and working capital, liquidity management and treasury management, while the bank’s Global Wealth team boasts a suite of top level products and services tailored to help clients manage their assets, estates, and personal finances, among other areas.
BBVA Compass operates 645 branches, including 332 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 18 in New Mexico and ranks among the top 25 largest U.S. commercial banks based on deposit market share.