Adrian Villarreal Assumes the CEO Leadership Position at IBC Bank - McAllen
(December 11, 2017) McAllen, Texas
- R. David Guerra, president and CEO of International Bank of Commerce (IBC) - McAllen announces his retirement and Adrian Villarreal, senior executive vice president assumes the CEO leadership position. Guerra has been contemplating retirement and feels now is the right time. After working three and a half decades with IBC, he is confident that the experienced and committed staff which he helped develop will continue his legacy. "We've developed a very hard-working and talented team at IBC who are fully committed to our customers and our community," Guerra said. "I feel confident in turning the bank leadership over to Adrian Villarreal, senior executive vice president who has been with the bank for 25 years. We have achieved many accomplishments at IBC and now I look forward to pursuing other life-long goals."
The Board of Directors of IBC McAllen today named Adrian Villarreal to lead its Hidalgo County operations as President and CEO. Villarreal has 29 years of experience in the banking industry and has been with IBC Bank for 25 years.
In 1981, Guerra joined IBC as a senior vice president, assisting in the supervision of the lending departments. Prior to coming to McAllen, Guerra served as executive vice president of IBC Laredo. Guerra's previous work experience also included tenure as a National Bank Examiner for the U.S. Treasury Department Office of the Comptroller of the Currency.
As president and CEO of the very successful IBC Bank, Guerra has been a partner and supporter of growth with his service to IBC customers since first arriving in McAllen in 1990. During his tenure, IBC McAllen grew to 29 banking facilities serving communities throughout Hidalgo County. He also led the bank in establishing itself as a strong corporate leader in giving back to the communities it serves.
Dennis Nixon, IBC Chairman, stated "David Guerra has served with distinction not only at IBC, but as a community leader. His efforts have contributed to the growth of IBC as well as the RGV. We wish him well in his new endeavors."
Villarreal recently served as the manager of the bank's commercial and retail banking departments. As President and CEO, he will oversee the entire Hidalgo County market, which includes branches located in McAllen, Edinburg, Mission, Weslaco, Pharr, San Juan, Alamo, Alton, Palmhurst and Peñitas. He also continues his role as the head of sales and retains his position on the bank's Board of Directors.
Other board members include; Dennis Nixon, Richard Cortez, Antonio Aguirre, Jr., Donald King, Ricardo Minor, Paul Moffit, Humberto Rodriguez, Ray Wilkinson and Vic Kasan.
"IBC Bank has played an important role in the economic development of South Texas. Villarreal is a seasoned executive with a strong background in managing commercial and retail banking for IBC McAllen. His rich history and 25 years of experience at IBC McAllen makes him a natural replacement for retiring David Guerra." Nixon said.
Villarreal will certainly continue the bank's legacy of customer service excellence. "Our top priority is to continue to deliver the "We Do More" experience to our customers and by offering our excellent products and services to new customers, we will continue to grow!" Villarreal said.
In keeping with the IBC tradition, Villarreal is committed to serving his community. He currently serves as the Treasurer of United Way of South Texas whose mission is to improve the educational, health and financial stability of those in need. Due to his active participation with this organization, he was awarded the prestigious "South Texan Hero Award." Villarreal also serves as the Treasurer for the McAllen Chamber of Commerce. He is a past board member of the McAllen Economic Development Council and the McAllen Industrial Corporation.
Villarreal received his Bachelor of Business Administration in finance from the University of Texas at Austin. He is married to Lupita Villarreal and has three children, Nicholas, Christopher and Alyssa.
IBC's local board and management, led by Adrian Villarreal, is committed to continue to deliver the "We Do More" experience to all their customers and the communities they serve.
ABOUT IBC BANK-MCALLEN
IBC Bank-McAllen is a member of International Bancshares Corporation (NASDAQ: IBOC), a $12.2 billion multi-bank financial holding company headquartered in Laredo, Texas, with 193 facilities and more than 296 ATMs serving 88 communities in Texas and Oklahoma. IBC Bank's slogan "We Do More" reflects the bank's dedication to the growth and success of both the customers and the communities it serves. International Bancshares was ranked 46th on Forbes' prestigious list of 100 Best Banks in America in 2017. IBC Bank-McAllen has been serving the Hidalgo County community since 1990 and has a retail branch network of 29 locations throughout the area. IBC Bank-McAllen was named "The Best Bank in the Valley" in 2016 and 2015 by McAllen Monitor readers. MEMBER FDIC / INTERNATIONAL BANCSHARES CORPORATION. Visit us on our YouTube channel, IBCBankWeDoMore. More information is available at ibc.com.