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BankUnited Announces Promotions.


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. -- BankUnited Financial Corp. (NASDAQ NASDAQ
 in full National Association of Securities Dealers Automated Quotations

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on
:BKUNA), parent company of BankUnited FSB (FrontSide Bus) See system bus.

FSB - front side bus
, today announced it has promoted three executives.

Carlos Fernandez-Guzman has been promoted to senior executive vice president of the Consumer Banking Division, Jim Foster Jim Foster is the founder and first commissioner of the Arena Football League. He is also a former NFL and USFL executive and was later the principal owner of the Iowa Barnstormers.  has been promoted to senior executive vice president of the Corporate Finance Division and Abel Iglesias has been promoted to senior executive vice president of the Commercial Credit Division.

"These moves will enable us to align resources and focus efforts as the bank continues to grow," said Ramiro Ortiz, BankUnited's president and chief operating officer Chief Operating Officer (COO)

The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president.
. "Each of these gentlemen has displayed vision and results during their tenure with the company. I'm proud that we will take BankUnited to the next level together."

Carlos Fernandez-Guzman joined BankUnited in 2003 and has led the Neighborhood Banking Division since 2006. In his new role, he will oversee BankUnited's branch network and the branch support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services  division.

Jim Foster joined BankUnited in 2005 as executive vice president of corporate finance. In his expanded role, he will oversee finance, accounting, balance-sheet management, procurement and strategic-planning areas of the bank.

Abel Iglesias joined BankUnited in 2003 and has led the growth of the commercial banking areas. He will oversee all aspects of commercial and corporate real estate lending, small-business banking, and the treasury services and international operations areas.

About BankUnited

BankUnited Financial Corp. (NASDAQ:BKUNA) is the holding company for BankUnited FSB, the largest banking institution headquartered in Florida. With assets of $13.8 billion as of Dec. 31, 2006, BankUnited serves customers in 11 Florida counties through 78 branches and nine regional wholesale lending offices. BankUnited provides a full spectrum of consumer and commercial banking services, mortgage and loan products, and investment and financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 services. The company's online banking products can be accessed through www.bankunited.com. For additional information, call (877) 779-2265.
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 5, 2007
Words:306
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