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Oriental Bank executive signs retirement agreement for a lump-sum payment exceeding $1.3 million

Ganesh Kumar, Oriental’s chief strategy officer, to retire in December

October 23, 2024 - 4:49 PM

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Oriental Bank's performance during the third quarter of this year translated into $47 million in net income or $1 per diluted share, according to its financial results report filed this month. (Archivo)

By Efraín Montalbán Ríos

Periodista de Negociosefrain.montalban@gfrmedia.com

After 20 years with OFG Bancorp (NYSE: OFG), Ganesh Kumar, OFG’s Chief Strategy Officer in the United States, has finalized a Separation and Retirement Agreement with the parent company of Oriental Bank, according to a filing with the Securities and Exchange Commission (SEC) on Tuesday.