Senior Executive Vice President,
Chief Financial Officer, Chief Operating Officer
International Bank of Commerce-Laredo, TX
While “doing more” is the credo and guiding principle of International Bank of Commerce (IBC), it is also the personal foundation of IBC-Laredo Senior Executive Vice President, Chief Financial Officer and Chief Operating Officer Imelda Navarro. Navarro serves on the boards of International Bank of Commerce-Laredo and its parent company International Bancshares Corporation, the largest minority-owned bank in the country, which is also headquartered in Laredo, Texas.
Navarro’s success is the result of extraordinary dedication to the organization, as she has committed her entire twenty-nine year career to service within the IBC family. Navarro’s leadership experience grew from unheralded yet inspirational origins. She was only 16 when she began working at IBC as a file clerk in conjunction with a vocational program offered through Laredo’s J.W. Nixon High School. After completing the program, she continued working for IBC on a part-time basis while earning her Bachelor of Business Administration, majoring in Accounting at Laredo State University.
Over the next two decades, with a solid work ethic and commitment to advancement, Navarro earned respect in the male-dominated banking business and firmly established herself as an “up and comer” in the financial industry. After graduating from college, Navarro continued to gain knowledge of IBC’s accounting and operations divisions and learned all the facets of personal and commercial banking. When IBC began to grow dramatically during the 1980s and 1990s, she saw her responsibilities evolve to include financial accounting, human resources and bank operations.
In 1998, Navarro was promoted to senior executive vice president. In this role she serves as second-in-command to the president/CEO and as Chief Financial Officer and Chief Operating Officer for IBC. Her duties include management of the operations and accounting functions for International Bancshares Corporation.
In addition to her multiple duties as Senior Executive Vice President, Navarro takes mentoring to heart and actively participates in IBC Boot Camp, and other employee oriented programs. Because of her history and high level of success at IBC, Navarro is in a unique position to offer new employees her perspective on work advancement and professional development. During IBC Boot Camp, Navarro counsels newcomers on developing leadership skills, encourages maintaining solid communication and offers advice on the personal qualities needed to be an effective member of the IBC family.
Navarro’s commitment to service is reflected in the many civic and community groups to which she has given her time, energy and leadership. She currently serves as a Board of Director of Casa de Misericordia, and as a member of the City’s 3rd party funding committee. She is also on the board of the Laredo Center for the Arts and has served as its chairperson. She served as president of TAMIU Alumni, president of Borderfest and is past president of Laredo Business, Professional Women’s Association, Financial Women International, and Domestic Violence Coalition. Additionally, Navarro is a former director of the Laredo Chamber of Commerce and has served on the board of the Laredo Commission for Women and on the advisory board for Mercy Regional Medical Center. In April 2005 Hispanic Business magazine named Imelda Navarro as one of its 2005 Outstanding Women Leaders and in October 2005 the magazine recognized Navarro as one of the 100 Most Influential Hispanics in the country.