Comptroller

Popular Announces Retirement of Chief Financial Officer, Carlos J. Vázquez, and names Jorge J. García as Successor

Retrieved on: 
Monday, December 11, 2023

He will be succeeded by Jorge J. García, currently Corporate Comptroller and Chief Accounting Officer.

Key Points: 
  • He will be succeeded by Jorge J. García, currently Corporate Comptroller and Chief Accounting Officer.
  • “Carlos has been an important contributor to our financial success,” said President and Chief Executive Officer Ignacio Alvarez.
  • Popular also announced the appointment of Ms. Denissa M. Rodríguez Adorno as Corporate Comptroller and Chief Accounting Officer to succeed Mr. García.
  • Prior to joining the Corporation, Ms. Rodríguez Adorno worked at PricewaterhouseCoopers LLP for more than a decade in various roles.

Community Trust Bancorp, Inc. Announces Retirement of James J. Gartner

Retrieved on: 
Friday, December 8, 2023

James J. Gartner will be retiring from Community Trust Bank on December 31, 2023 as Executive Vice President, Chief Credit Officer.

Key Points: 
  • James J. Gartner will be retiring from Community Trust Bank on December 31, 2023 as Executive Vice President, Chief Credit Officer.
  • Mr. Gartner has more than 55 years of banking experience, including more than 21 years with Community Trust Bank.
  • Mr. Gartner started his banking career as a National Bank Examiner in 1968 in Rockford, Illinois.
  • Mr. Clark has worked for Community Trust Bank, Inc. for over 10 years.

Convene Makes Key UK Leadership Hires

Retrieved on: 
Thursday, December 7, 2023

Convene , a global lifestyle hospitality company that designs and manages premium meeting, event, and flexible workspaces, today announced two new UK leadership team appointments; Simon Lee joins as Head of Finance, Group Controller, effective immediately, and Niamh Martin will join Convene as Managing Director of the company's UK business, effective February 5, 2024.

Key Points: 
  • Convene , a global lifestyle hospitality company that designs and manages premium meeting, event, and flexible workspaces, today announced two new UK leadership team appointments; Simon Lee joins as Head of Finance, Group Controller, effective immediately, and Niamh Martin will join Convene as Managing Director of the company's UK business, effective February 5, 2024.
  • These additions will support continued expansion across the UK and into Europe as the company anticipates imminent growth opportunities globally.
  • “Convene has grown a strong foothold in the UK market since our expansion into London in 2022, including our recent acquisition of etc.venues earlier this year,” said Ryan Simonetti, CEO and co-founder of Convene.
  • As UK Managing Director, she will oversee site operations, financial performance, and growth of the company’s UK business.

Airbase Expands Global Expense Management with AI Innovation

Retrieved on: 
Tuesday, November 14, 2023

Airbase expense management frees employees and accounting teams from the time-consuming drudgery of manually submitting expense reports and processing reimbursements.

Key Points: 
  • Airbase expense management frees employees and accounting teams from the time-consuming drudgery of manually submitting expense reports and processing reimbursements.
  • For businesses that support global operations and remote workers, Airbase expense management helps ensure compliance and faster reimbursements to employee bank accounts globally.
  • “To solve the complex problems of global payments and expense compliance, we rely on the most advanced and trusted technologies.
  • Airbase AI-driven expense management experience: Airbase uses generative AI and machine learning to automatically extract the details of each receipt, including generating the expense reason and details in the memo field.

Witness to War Foundation Adds Four New Board Members

Retrieved on: 
Monday, November 13, 2023

The Witness to War Foundation (WTW), a non-profit dedicated to preserving the oral histories of combat veterans, is proud to announce the addition of four new members of our board of directors: General Dan Allyn, Sean D. Naylor, Lieutenant Colonel John Phillips, and Lieutenant General Brad Webb.

Key Points: 
  • The Witness to War Foundation (WTW), a non-profit dedicated to preserving the oral histories of combat veterans, is proud to announce the addition of four new members of our board of directors: General Dan Allyn, Sean D. Naylor, Lieutenant Colonel John Phillips, and Lieutenant General Brad Webb.
  • Together with the organization’s existing board members, Command Sergeant Major Michael T. Hall and Lieutenant General P.K.
  • “Ken” Keen, the board will advance WTW’s mission of honoring veterans and educating the public on the sacrifices made to preserve our freedoms.
  • Lieutenant Colonel John Phillips served in the US Army Field Artillery as both an enlisted soldier and a commissioned officer.

BMO Earns "Outstanding" Rating for its Community Reinvestment Act Performance

Retrieved on: 
Tuesday, December 12, 2023

CHICAGO, Dec. 12, 2023 /PRNewswire/ - BMO today announced it has received an overall rating of Outstanding from the Office of the Comptroller of the Currency (OCC) for its Community Reinvestment Act (CRA) Performance Evaluation.

Key Points: 
  • CHICAGO, Dec. 12, 2023 /PRNewswire/ - BMO today announced it has received an overall rating of Outstanding from the Office of the Comptroller of the Currency (OCC) for its Community Reinvestment Act (CRA) Performance Evaluation.
  • Over the past 10 years, fewer than 10 percent of banks received a CRA rating of Outstanding, the highest possible rating.
  • This is the third consecutive time BMO has earned an Outstanding rating in the evaluation.
  • We will continue to prioritize community reinvestment, working closely with our local partners and stakeholders, driving progress for a more equitable future."

FinRegLab Report and Webinar Examine the Policy Implications of AI in Financial Services as Adoption Continues to Accelerate in Credit Underwriting and Other Use Cases

Retrieved on: 
Thursday, December 7, 2023

The live webinar on January 17 will focus on both policy implications and recent market developments, bridging from the credit context to how financial institutions are approaching generative AI applications that can produce new content in response to queries.

Key Points: 
  • The live webinar on January 17 will focus on both policy implications and recent market developments, bridging from the credit context to how financial institutions are approaching generative AI applications that can produce new content in response to queries.
  • "As the pace of AI adoption increases, engagement between policymakers and other stakeholders is becoming increasingly urgent," said FinRegLab CEO Melissa Koide.
  • The new report considers the implications of machine learning underwriting models and new data science tools for compliance with federal laws governing consumer disclosures, fair lending analyses, and risk management.
  • Advanced registration is required for the January 17 webinar, "Getting Ahead of the Curve: Emerging Issues in the Use of AI and Machine Learning in Financial Services."

Celebrating Excellence in Hospitality: Hozpitality Group's 9th Middle East Hospitality Awards at Arabian Ranches Golf Club, Dubai

Retrieved on: 
Thursday, December 7, 2023

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- The 9th edition of the Middle East Hospitality Excellence Awards, organized by Hozpitality Group, occurred at the Arabian Ranches Golf Resort and Spa on December 6, 2023. This highly anticipated event brought together over 500 hospitality professionals for a dazzling award gala. The ceremony was a celebration of hidden gems and industry enthusiasts in the Middle East.

Key Points: 
  • DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- The 9th edition of the Middle East Hospitality Excellence Awards, organized by Hozpitality Group, occurred at the Arabian Ranches Golf Resort and Spa on December 6, 2023.
  • The ceremony was a celebration of hidden gems and industry enthusiasts in the Middle East.
  • "We received an amazing response to online voting for the 9th Middle East Hospitality Excellence Awards 2023 with over 1200 nominations and over 154,000 votes for various categories.
  • Hozpitality group announced their first Indian Hospitality Excellence Awards in India, a live event in partnership with Stave Hospitality, Alok Kaul and Shilp Wellness in Navy Mumbai, India.

Celebrating Excellence in Hospitality: Hozpitality Group's 9th Middle East Hospitality Awards at Arabian Ranches Golf Club, Dubai

Retrieved on: 
Thursday, December 7, 2023

DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- The 9th edition of the Middle East Hospitality Excellence Awards, organized by Hozpitality Group, occurred at the Arabian Ranches Golf Resort and Spa on December 6, 2023. This highly anticipated event brought together over 500 hospitality professionals for a dazzling award gala. The ceremony was a celebration of hidden gems and industry enthusiasts in the Middle East.

Key Points: 
  • DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- The 9th edition of the Middle East Hospitality Excellence Awards, organized by Hozpitality Group, occurred at the Arabian Ranches Golf Resort and Spa on December 6, 2023.
  • The ceremony was a celebration of hidden gems and industry enthusiasts in the Middle East.
  • "We received an amazing response to online voting for the 9th Middle East Hospitality Excellence Awards 2023 with over 1200 nominations and over 154,000 votes for various categories.
  • Hozpitality group announced their first Indian Hospitality Excellence Awards in India, a live event in partnership with Stave Hospitality, Alok Kaul and Shilp Wellness in Navy Mumbai, India.

Stampli identifies the barriers holding back adoption of AI in finance teams

Retrieved on: 
Wednesday, December 6, 2023

MOUNTAIN VIEW, Calif., Dec. 6, 2023 /PRNewswire/ -- Today Stampli, the AI-powered Accounts Payable automation solution, released new research shedding light on the state of AI adoption among finance professionals. Stampli partnered with Probolsky Research, a leading market and opinion research firm, to survey attitudes around AI among different job titles within finance. The survey results indicate that while AI holds significant promise for improving Accounts Payable (AP) processes, effectively scaling the use of AI requires solving barriers at points across financial organizations.

Key Points: 
  • MOUNTAIN VIEW, Calif., Dec. 6, 2023 /PRNewswire/ -- Today Stampli , the AI-powered Accounts Payable automation solution, released new research shedding light on the state of AI adoption among finance professionals.
  • Stampli partnered with Probolsky Research, a leading market and opinion research firm, to survey attitudes around AI among different job titles within finance.
  • Senior decision-makers are the most interested in AI, while human oversight and data security issues stand out as the principal roadblocks to adoption.
  • Integrating human decision-making into AI systems could solve adoption barriers among AP teams, but this will likely require additional education for financial leadership on how AI systems and human oversight can work together.