Sanchez named Compass Bank CEO - Houston Business Journal:

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Sanchez, who is based in Houston, has held several key positionsd with Mexicanand U.S. operatinbg units of Spanish financiagiant , which acquired Compass in 2007 for $9.1 billion. BBVA is in the midst of a rebranding campaign forits U.S. bankinh operations under the BBVACompass Sanchez, previously executive vice presidentr of community banking for BBVA’s U.S. bankintg operations, reports to José María García Meyer, BBVA country managerd for theUnited States, based at headquarter s in The Woodlands. Though Compassx is still headquarteredin Birmingham, Ala., its growtnh prospects and key executives are locate in the Houston area. Sanchex came to the U.S.
in 2005 from BBVA the company’s Mexican banking subsidiary, when he was appointex president and CEO of newlyacquiresd . García Meyer took over as Compass Bank chairma non Jan. 7, at which time Hegel, previously chief financial officer, was appointer chief executive, replacing Compass bank veteran D. Paul Jones. Last BBVA completed a key phasee of integration of its threeolder U.S. banking unitse onto the back-room product platform of company spokesman Ed Bileksaid Monday, when Laredoi National’s operations were merged and new BBVA Compass signaged was rolled out across 39 branchess in the Rio Grande The BBVA Compass rebranding campaign will come to Compass branche s in Houston and the rest of Texas in early 2009.
With the mergerr of the four U.S. banks, BBVA Compas has total assets ofabout $57.4 billioh and 579 branches spread across six states, includingf 312 in Texas and 56 in the Houstonj area.