Aurelio Aleman-Bermudez is the President and CEO of First BanCorp, a role he's held since September 2009. His leadership style is marked by a strong focus on finance and strategic growth, having overseen various operations within FirstBank including retail and...

Aurelio Aleman-Bermudez is the President and CEO of First BanCorp, a role he's held since September 2009. His leadership style is marked by a strong focus on finance and strategic growth, having overseen various operations within FirstBank including retail and consumer banking. Aleman-Bermudez played a crucial role in managing the integration of significant acquired operations, which contributed to achieving targeted cost savings for the bank. Under his guidance, First BanCorp has navigated through a challenging financial landscape, showing resilience in profitability and risk management. Interestingly, he has a significant stake in the company with around 1.2 million shares. His compensation reflects the company’s performance, which often aligns with the broader goals of enhancing shareholder value. Notably, in 2021, his total compensation was over $4.18 million, including a special bonus for successful accomplishments. With a solid grounding in finance, Aleman-Bermudez has been influential in driving the bank's success while managing regulatory compliance and risk strategies that align with the ever-changing market demands. His approach combines financial expertise with real-world application, making him a key player in the financial services industry in Puerto Rico and beyond.