FIBA Elects New Board of Directors headed by President Grisel Vega
FIBA is a global banking association leading in a global business environment.
 

MIAMI (June 25, 2012) FIBA, a trade association whose membership includes many of the largest financial institutions in the world active in international trade and finance, has elected its new Board of Directors to be headed by President-elect Grisel Vega.  Mrs. Vega will serve during the 2012-2013 fiscal year and has served as First Vice President of FIBA for the past year. She has been an active FIBA Member since 1989 and will take office on July 1st for a one-year-term, succeeding BAC Florida Bank's Frank D. Robleto.

Mrs. Vega has been General Manager of the Miami Branch of Banco de Crédito e Inversiones since 2006. She started with BCI Miami from its inception in 1999 as First Vice President and Controller. She received a BBA degree from the University of Miami in 1983 and that same year obtained her CPA license from the State of Florida.

In her inauguration speech, FIBA's President-elect shared the organization’s goals with members and guests who gathered for the 33rd anniversary and the installation of the new Board of Directors. The election and installation ceremony was hosted and sponsored by the Intercontinental Hotel Miami. During her remarks, she recognized FIBA as a global association made up of world-class bankers who are rich with knowledge and experience as well as part of the foundation of international banking in Florida.

“Today FIBA is made up of 70 banking members and close to 50 supporting members from 18 countries, making our organization the driving force in the international banking industry”, Mrs. Vega said. “Our goal is to support our industry in a global business world and provide financial professionals with best practices so we all operate on the highest standard of safety and professionalism”, she added.

With essential questions such as “where is international banking headed?” and “what will the industry look like in 10 years?”, Mrs. Vega contemplated the role FIBA will play in the years ahead to continue the mission of providing financial institutions with the support they need for their ongoing growth. During her term, the newly elected President will aim to achieve important steps focusing on three key areas:

• FIBA is a global association leading in a global business environment. As such, one of the most important core competencies is the ability to adapt to the shifting needs of the international banking industry. So as the boundaries between countries continue to vanish and business becomes increasingly global, FIBA must also remain focused on global leadership and recognize the role as an association without boundaries.
• FIBA will further concentrate its efforts by strengthening value to our members and forming deeper relationships with financial institutions within and outside of the United States. FIBA will review and assess the needs of international broker dealers and will also continue to monitor the regulatory and reporting requirements on NRA, FATCA, Dodd-Frank, Beneficial Ownership and others that may come up. Additionally, FIBA will continue to organize and enhance its industry-leading conferences. These events provide superior educational opportunities and are also an excellent venue for business development and international networking.
• FIBA will work to ensure member concerns continue to be heard on both state and national levels by reinforcing partnerships with regulators and law enforcement. With this, FIBA will maintain open lines of communication between the private and public sectors
   

Details: fedra@fiba.net 305-579-0086 www.fiba.net

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