BIRMINGHAM, Ala., June 9, 2011 /PRNewswire/ -- BBVA Compass announced today that Shelaghmichael Brown has been appointed to serve as a member of the BBVA Compass Board of Directors. Named to U.S. Banker's list of the '25 Most Powerful Women in Banking' each of the past two years, Brown has spearheaded BBVA Compass' Retail Banking Division, overseeing a distribution system that includes more than 700 branches, alternative delivery channels, mobile banking as well as products and services for consumers and small businesses.  

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"Shelaghmichael brings a wealth of experience, expertise and deep understanding of our strategic direction and her addition will greatly enrich our Board," said Manolo Sanchez, BBVA U.S. Country Manager and President and CEO of BBVA Compass. "Her leadership and strong work ethic has enabled us to successfully implement our customer-centric business model while integrating our U.S. franchise during one of the most challenging economic periods. I am very delighted that we will continue to have her wisdom and counsel as a member of our Board of Directors."

"We have assembled one of the strongest Retail Banking teams in the industry and as I transition to my new role, I am leaving it in very capable hands which will allow for a smooth transition," commented Brown. "Jeff Talpas, who has overseen the day-to-day operations of our branch network, will be responsible for our Retail Network and Products team, while Enrique Gonzalez will lead our Corporate Shared Services area with responsibility for marketing, customer intelligence and alternative delivery channels. Both Jeff and Enrique bring strong leadership skills and extensive industry knowledge and will be great additions to our Management Committee."

Brown joined BBVA Compass in 2007, after serving in various leadership roles including President and CEO of Telecheck International, Inc. and Executive Vice President at JPMorgan Chase Bank where she was responsible for the nationwide consumer banking segment. In 2008, she was elected to the Board of Directors of the Consumer Bankers Association (CBA). As part of CBA's 20-member board of senior retail banking executives, Brown helped guide the organization in its advocacy for consumer and small business banking in Washington. Brown is also a board member of CanCare, an organization that provides emotional support to individuals facing cancer.

ABOUT BBVA COMPASS

BBVA Compass is a Sunbelt-based financial institution that operates more than 716 branches including 380 in Texas, 93 in Alabama, 65 in California, 77 in Arizona, 45 in Florida, 36 in Colorado and 20 in New Mexico. BBVA Compass ranks among the top 20 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (3rd), Texas (4th) and Arizona (5th). BBVA Compass has been recognized as one of the nation's leading Small Business Administration (SBA) lenders, earning 'Lender of the Year' honors in 2009 and 2010. Additional information concerning BBVA Compass can be found on our website www.bbvacompass.com.

BBVA Compass is a subsidiary of Compass Bancshares, Inc., a wholly owned subsidiary of BBVA (NYSE: BBVA) (MAD: BBVA). BBVA is a financial services group with approximately $740 billion in total assets, 47 million clients, 7,400 branches and approximately 107,000 employees in more than 30 countries. BBVA ranks among the top 20 largest financial institutions in the world based on market capitalization and 21st in Global Finance magazine's list of the "World's 50 Safest Banks" for 2010. BBVA provides its customers around the world with a full range of financial services, including commercial and wholesale banking, retail banking services, consumer loans, mortgages, credit cards, securities brokerage, wealth management, pension plan management and insurance. The BBVA Group maintains a leadership position in Spain, Mexico, Latin America and the Sunbelt Region of the United States, as well as operations in China, France, Germany, Hong Kong, Italy, Japan, Singapore, Switzerland, Turkey, and the United Kingdom. More information about the BBVA Group can be found at www.bbva.com.

Editor's note: BBVA Compass is the trade name of Compass Bank and is a trademark of Compass Bancshares, Inc. Compass Bank, member FDIC.

SOURCE BBVA Compass

Copyright 2011 PR Newswire

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