José Ramón González has resigned as senior executive vice president of banking and corporate development to accept a position as executive vice president of the Federal Home Loan Bank of New York, Oriental Financial Group announced Monday.
The FHLBNY helps lenders in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands advance housing and community growth. His resignation is effective Oct. 4.
“It is an honor to become a member of the senior management team at one of the best Federal Home Loan Banks,” said González. “I’m looking forward to working with the bank’s board, president Al DelliBovi and the management team to continue to advance our members’ goals, generate fair returns, and fulfill our Congressional charter of supporting community lending in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands.”
“As we have seen in recent years, responsible lending is a critical element for a good economy,” he said.
González has been a member of the FHLBNY’s board since 2004, and has been it’s vice chairman since 2008, a position he is resigning effective Sept. 30 to accept the executive position.
He is a past president of the Puerto Rico Bankers Association, the Securities Industry Association of Puerto Rico, and the Government Development Bank for Puerto Rico. Prior to joining OFG, González served since 2000 as board member of of Santander BanCorp, and from 2002 to 2008, as vice chairman of the board, president and CEO. González joined OFG in 2010.
“José Ramón has put in place a great team that will assure OFG’s ability to continue to grow our commercial and retail banking operations,” said OFG President José Rafael Fernández. “This is a special opportunity for him. We wish him the best of luck and success.”
“I want to thank José Rafael, as well as the many people at OFG with whom it was my pleasure to be associated, for their collaboration and support,” González said. “OFG is in excellent hands, in strong condition, and with a bright future.”
Gonzalez has a B.A. in Economics from Yale University and an M.B.A. and a Juris Doctor from Harvard University.
“I am delighted that José will be taking a leadership role on our team,” said DelliBovi. “I know he will help strengthen our culture of excellence, commitment to integrity, and focus on the members of our cooperative and the communities they serve. He is uniquely qualified to become CEO when I retire. Today we shift from planning succession to planning the transition.”