Melissa Sacher named to American Banker's Most Powerful Women in Banking: Next

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BBVA USA Indirect Auto Executive Melissa Sacher has been recognized in American Banker's Most Powerful Women in Banking: Next list. Sacher has been with BBVA since 2005, and in 2019, she took charge of the $3.6 billion indirect auto lending division, reviving it into a double-digit growth sector. Her leadership style, emphasizing communication and team support, has earned her accolades from peers, including COO Rafael Bustillo. The recognition will be featured in the August 2020 issue of American Banker.

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• Melissa Sacher successfully transformed the $3.6 billion indirect auto lending division from decline to double-digit growth.
• Sacher's leadership style has fostered strong team performance and employee satisfaction.

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HOUSTON, July 31, 2020 /PRNewswire/ -- BBVA USA Indirect Auto Executive Melissa Sacher was named to American Banker's Most Powerful Women in Banking: Next. Now in its second year, the list recognizes the accomplishments of women age 40 and under in the banking industry.

Sacher is a longtime employee of BBVA, first starting as a commercial relationship associate in 2005. Through the years, she has been identified as a rising star, taking a methodical approach to growing her career through the ranks of the Commercial line of business.

"I've been privileged to have the opportunity to build my career at BBVA over the past 15 years, particularly working so closely with [BBVA Chief Operating Officer] Rafael Bustillo," said Sacher. "The bank has given me the chance to expand my knowledge and experience and the space to develop professionally. Being recognized by American Banker for the work I'm doing is not something I would have ever imagined at the start of my career."

In 2019, Sacher was given the responsibility of running indirect auto lending, a $3.6 billion asset division. By year's end, she had transformed what had been a declining business into one that is now growing by double digits.

"Melissa's potential at BBVA is vast, thanks in large part to how she leads her teams. Her teams simply want to work hard and perform for her," said BBVA USA Chief Operating Officer Rafael Bustillo, who has worked directly with Sacher for much of her career. "Much of the credit for her success goes to Melissa's communication style and servant leadership. It's clear to each member of her team that she genuinely cares about them as a person, both inside and outside BBVA."

The Most Powerful Women in Banking: Next honorees will be featured in the August 2020 issue of American Banker and at an awards ceremony scheduled to take place during the magazine's Most Powerful Women in Banking LEAD conference, postponed until October due to the COVID-19 crisis. 

For more BBVA news visit, www.bbva.com and the U.S. Newsroom.

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For more financial information about BBVA in the U.S., visit bbvausa.investorroom.com.

About BBVA

BBVA Group
BBVA (NYSE: BBVA) is a customer-centric global financial services group founded in 1857. The Group has a strong leadership position in the Spanish market, is the largest financial institution in Mexico, it has leading franchises in South America and the Sunbelt Region of the United States. It is also the leading shareholder in Turkey's Garanti BBVA. Its purpose is to bring the age of opportunities to everyone, based on our customers' real needs: provide the best solutions, helping them make the best financial decisions, through an easy and convenient experience. The institution rests in solid values: Customer comes first, we think big and we are one team. Its responsible banking model aspires to achieve a more inclusive and sustainable society.

BBVA USA
In the U.S., BBVA is a Sunbelt-based financial institution that operates 641 branches, including 330 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 44 in Florida, 37 in Colorado and 17 in New Mexico. The bank ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th). In the U.S., BBVA has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 8th nationally in terms of dollar volume of SBA loans originated in fiscal year 2018.

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SOURCE BBVA USA

FAQ

Who was named to American Banker's Most Powerful Women in Banking: Next list in 2020?

Melissa Sacher, an executive at BBVA USA, was named to the list.

What division did Melissa Sacher lead at BBVA USA?

Melissa Sacher led the indirect auto lending division at BBVA USA.

What is the asset size of the indirect auto lending division managed by Melissa Sacher?

The indirect auto lending division managed by Melissa Sacher is valued at $3.6 billion.

When will the Most Powerful Women in Banking: Next honorees be featured?

The honorees will be featured in the August 2020 issue of American Banker.

What impact did Melissa Sacher have on BBVA's indirect auto lending business?

Melissa Sacher transformed the business from a declining performance to one that is now growing by double digits.