First Bancorp
Pablo Mares is an experienced finance professional with a strong background in project finance and business development. Currently serving as Vice President of Project Finance at FirstBank Florida, Pablo has held similar roles at Intesa Sanpaolo and Structura Capital, where notable achievements included leading a top industry team in creating complex credit structures and leveraging asset-backed financing strategies across various sectors. Previous experience includes launching an infrastructure business unit at Navix Sofom and managing over 30 construction projects at RAPP Construcciones, significantly increasing revenue. Pablo holds an MBA from NYU Stern School of Business, a Master of Science in Finance from Instituto Tecnológico Autónomo de México, and an Engineer's degree in Civil Engineering from Universidad Iberoamericana.
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First Bancorp
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First BanCorp. is a financial holding company. As of December 31, 2016, the Company controlled two subsidiaries: FirstBank Puerto Rico (the Bank or FirstBank) and FirstBank Insurance Agency, Inc. (FirstBank Insurance Agency). It operates in six segments: Commercial and Corporate Banking, which consists of lending and other services; Consumer (Retail) Banking, which consists of consumer lending and deposit-taking activities; Mortgage Banking, which consists of the origination, sale, and servicing of a range of residential mortgage loan products and related hedging activities; Treasury and Investments, which consists of treasury and investment management functions; United States Operations, which consists of all banking activities conducted by FirstBank on the United States mainland, and Virgin Islands Operations, which consists of banking activities conducted by FirstBank in the United States Virgin Islands and British Virgin Islands, including retail and commercial banking services.