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BBU Bank Appoints Rafael Saldana as President & CEO.


Boutique Bank Has Strong Capital Base and Focuses on Personal Service

CORAL GABLES Coral Gables, city (1990 pop. 40,091), Miami-Dade co., SE Fla., SW of Miami; inc. 1925. Founded at the height of the Florida land boom, Coral Gables is a noted planned city, with tree-lined boulevards and Mediterranean-style buildings. , Fla. -- When international financier Juan Carlos Juan Car·los   Born 1938.

King of Spain (since 1975) who acceded to the throne on the death of Francisco Franco and helped restore parliamentary democracy.

Noun 1.
 Escotet and Chairman Raul Valdes-Fauli were looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 a versatile bank executive to take over the operations of BBU BBU Battery Backup Unit
BBU Battery Back-Up
Bbu Borrelia Burgdorferi
BBU Boston Bluegrass Union
BBU Bimbo Bakeries USA (Fort Worth, Texas)
BBU Beefmaster Breeders United (TX, USA) 
 Bank, based in Coral Gables, Florida Often called "The Gables," Coral Gables is a city in Miami-Dade County, Florida, southwest of Miami, in the United States. The city is best known as the home of the University of Miami, and as an example of City Beautiful urban planning. , it was Rafael SaldaSa who rose to the top of their search.

"Rafo fits well with our bank, he is a veteran of the changes the banking industry has experienced and he is an exceptional leader. His international experience and Florida knowledge made him the perfect choice to lead BBU Bank," said Escotet, the founder and major shareholder of BBU Bank.

"We are delighted to have Rafo. A seasoned banker and a graduate of the JL Kellogg Graduate School of Management; he was immediately approved by our Board of Directors and all banking regulators," said Valdes-Fauli, Chairman and four-term former Mayor of Coral Gables.

"BBU is a strong bank with an exceptional team of executives and managers who provide an excellent infrastructure. With a solid Capital base, ample liquidity and a clean balance sheet Clean Balance Sheet

Refers to a company whose balance sheet has very little or no debt.

Notes:
A company is told to "clean up" its balance sheet if they are exposed to large amounts of debt.
 we are well positioned for growth. We are ready and able to lend," said SaldaSa.

SaldaSa, age 48, has more than 25 years experience in the financial services industry. Prior to accepting the position with BBU Bank he served as President of R-G Crown Bank, based in Central Florida, which was acquired by Fifth Third Bancorp based in Cincinnati.

Rafael SaldaSa, President BBU Bank

Selected prior experience includes Executive Vice President and Commercial Director at Banco Santander (Puerto Rico), Business Director at Capital One Financial (Tampa, FL), Senior Vice President at Fleet Financial Group (Boston, MA), Senior Vice President and Group Executive for Wachovia Corporation (Winston-Salem, NC)

He received his MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 specializing in Accounting, Finance, Operations and Industrial Relations from the JL Kellogg Graduate School of Management, Northwestern University, Evanston, IL and his undergraduate degree in Economics from the University of Puerto Rico Founded in 1903, the University of Puerto Rico (Universidad de Puerto Rico in Spanish, UPR) is the oldest and largest university system in Puerto Rico. Though Puerto Rico is not a U.S.  in Rio Piedras.

BBU Bank is a Florida Community Bank, chartered in 2006 and based at 150 Alhambra Circle, Suite 100, Coral Gables, FL 33134. The bank's web site is www.bbubank.com.

Editor's Note: SaldaSa is available for interviews, upon request to Laura Bennett, laura@bennettandco.com.
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Publication:Business Wire
Date:Sep 29, 2008
Words:369
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