BBVA Compass has appointed Kirk Pressley new chief financial officer after Angel Reglero leaves the post to help lead a newly created Spain unit of parent company BBVA.
Pressley currently serves as corporate controller for BBVA Compass, a role he’s held since 2003. He leads the bank’s accounting unit, its U.S. Securities and Exchange Commission reporting, other regulatory filings and Sarbanes-Oxley Act compliance.
«Kirk has been a key part of our success, but more importantly he will be a key part of our future,» said BBVA Compass Chairman and CEO Manolo Sanchez. «He’s stepping up amid our digital push to create a true 21st century bank. We’re in great hands with him as our new CFO.»
Pressley joined BBVA Compass in 1999, spending three years as its director of accounting policy before being promoted to corporate controller, where he successfully led the bank’s financial risk management activities and its compliance with acceptable accounting principles, among other responsibilities.
The announcement comes as BBVA closes on its purchase of CatalunyaCaixa, marking a new era for the bank’s growth in Spain. The Spain unit will comprise BBVA and CatalunyaCaixa, which will operate as a separate brand.