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Ex MasterCard exec Vargas joins Atlanta consulting firm

Miguel Vargas

Miguel Vargas

Atlanta-based consulting firm Bank Solutions Group is expanding its footprint into Puerto Rico with the addition of Miguel Vargas, an experienced banking and payments executive and consulting expert. Vargas is former general manager of MasterCard in Puerto Rico and the U.S. Virgin Islands.

“Miguel brings to our firm immense financial services industry experience as an executive and consultant,” says BSG’s Senior Managing Partner Les Riedl. “He is recognized as an industry leader and innovator, with banking, payments and technology expertise. We are very pleased to have him join our consulting team and look forward to leveraging his expertise to help clients in Puerto Rico and across the Caribbean and Latin America.”

Vargas has more than 30 years of experience in the financial services and payments sector having held diverse management positions with business development responsibility for Puerto Rico and the Caribbean.

“It’s a challenging time for the financial services sector in Puerto Rico,” said Vargas. “But the impressive team of experienced practitioners BSG has assembled are bringing innovative solutions, with a global perspective, to the many challenges their clients face. I am excited to be joining the BSG team.”

Vargas has worked with leading multinational enterprises such as Citicorp, Chase, Evertec, Visa International, and MasterCard Worldwide with responsibilities ranging from managing issuing business, product development and launches, development and management of acquisition, activation, and usage campaigns, marketing and public relations, and business development.

His expertise includes strategic new market entry, growth and communication strategies. He holds an MBA from the University of Michigan-Ann Arbor.

Bank Solutions Group, LLC is a management consulting firm that helps banks, credit unions and other financial services client-partners in meeting complex business challenges to achieve higher performance and gain competitive advantage.

BSG is headquartered in Atlanta with representatives in eight U.S. cities and has a global presence with teams based in eleven countries in North America, South America, Europe and Asia Pacific.

Author Details
Author Details
Business reporter with 29 years of experience writing for weekly and daily newspapers, as well as trade publications in Puerto Rico. My list of former employers includes Caribbean Business, The San Juan Star, and the Puerto Rico Daily Sun, among others. My areas of expertise include telecommunications, technology, retail, agriculture, tourism, banking and most other segments of Puerto Rico’s economy.

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