Maria Lourdes Jimenez

Independent Committee Member

Marilu is the founder of the Financial Intelligence Network and Compliance Advisors. Previously, she was Senior Vice President & Division Head Manager Corporate Compliance Division of Popular, Inc. in San Juan, Puerto Rico until July 2018. As Senior Vice-President & Division Head of the Corporate Compliance Division for Popular, Inc. Her principal responsibility was to supervise the compliance function in Puerto Rico, the United States and all other operations for Popular, Inc. She is a compliance and legal professional with 25 years of banking experience and particular expertise in all aspects of regulatory oversight, anti-money laundering (AML), consumer and financial compliance. She has vast experience as Legal Counsel and Compliance Manager in Multinational Institutions. She has previously worked for Citibank, Puerto Rico’s Commissioner of Financial Institutions, and Banco Santander, where she managed the Legal Counsel Office and Corporate Compliance.

Marilu is an active participant in the compliance industry and has held committee positions through the industry. She serves in the advisory boards of The Association of Certified Anti-Money Laundering Specialists (ACAMS) and American Bankers Association (ABA). She previously presided the Puerto Rico Bankers Association Anti-Money Laundering Committee for 15 years where she coordinated and continues to manage extensive training to keep the industry abreast of legislative and regulatory changes. She also served as Chairman of the American Bankers Association (ABA) Compliance Administrative Committee and collaborates with the ABA in various capacities. She is a frequent speaker both nationally and internationally and has cooperated with the US Treasury Department in the public/private sector dialogues with the Latin American AML financial community.

Alberto Baco

Independent Resident Non-executive Director

Alberto is currently Founder and Director of The Partnership for Modern PR, a Partner with GxG Consulting and Partner at OnetoOne. He is an attorney, CPA, and entrepreneur, with a successful career in company turnarounds, restructuring and senior management in both public and private sector. After graduating Magna Cum Laude with a Bachelor Degree in Business Administration from the University of Puerto Rico he then acquired a CPA license and finished a Juris Doctor degree. Since then he has held several positions in law firms, international accounting firms, government agencies and Board of Directors. Leadership positions as President of the Economic Development Bank, CEO of Marvel and Bohío International and Board seats in W Holdings, Assurant P.R and the Government Development Bank, among others. He is an active member of the YPO international organization, and at a local level, Alberto has held all head positions, including Chapter Chair. In 2013 he was appointed Secretary of Economic Development and Commerce by the Governor of Puerto Rico, and in 2016, he also assumed responsibilities as Chairman and President of the Government Development Bank for Puerto Rico. He has been recognized for his public speaking and has been invited to participate in important business forums around the world.