Patrick J. Haggarty is Oriental’s Managing Director, Commercial Banking, responsible for implementing the commercial banking strategy for global and local corporate clients, as well as for institutional clients with a presence in Puerto Rico.
He also directs Oriental’s transactional, international, and trade finance services in support of all customers. In addition, he oversees Oriental’s trust operations, which manage more than $2.6 billion in assets in IRA, Keogh and other retirement plans.
Mr. Haggarty has been involved in banking in Puerto Rico for more than 30 years with a focus on commercial banking the last two decades. He has extensive experience in the structuring and execution of commercial loans, development and implementation of transactional service platforms and products, issuance of debt in capital markets, and the use of financial derivatives for clients in a wide range of industries and sectors.
He joined Oriental in 2012 after it acquired Banco Bilbao Vizcaya Argentaria’s Puerto Rico operations, where he led the wholesale banking business from 2003 to 2012. He started at BBVA Puerto Rico in 1989.
Throughout his career, he has managed operations responsible for real estate financing, business banking, retail banking, wealth management, strategic planning, marketing, corporate communications, and finance.
Mr. Haggarty has an MBA from the Instituto de Estudios Superiores de la Empresa (IESE) in Barcelona, Spain, and a BA from Tufts University in Massachusetts.