Popular Inc. Appoints Ignacio Alvarez As President & COO - Quick Facts

(RTTNews) - Popular Inc. (BPOP) announced its Board has appointed Ignacio Alvarez as President and Chief Operating Officer. The company also announced the appointment of Javier Ferrer as Executive Vice President, General Counsel and Chief Legal Officer, effective October 1, 2014. He was also appointed Secretary of the Board of Directors.

Alvarez has been with Popular since June 2010 serving as Executive Vice President and Chief Legal Officer. Before joining Popular, Alvarez was a founding partner of Pietrantoni Méndez & Alvarez LLC, a San Juan, Puerto Rico based law firm, from September 1992 to June 2010.

Ferrer joins Popular from Pietrantoni Méndez & Alvarez LLC, where he was one of the firm's founding partners since 1992. Javier also served as President and Vice-Chairman of the Board of Directors of Government Development Bank for Puerto Rico.