BankUnited Names Senior Executive to Oversee Consumer and Commercial/Small Business Banking

Rhea-AI Summary

BankUnited (NYSE: BKU) has appointed Ernie Diaz as Senior Executive Vice President to oversee their consumer, small business, and commercial banking operations, effective May 29, 2024. Diaz, with nearly 40 years of industry experience, joins from TD Bank where he held significant leadership roles, including EVP handling a vast distribution network. Diaz will be responsible for BankUnited's sales and branch strategies across Florida, Texas, and New York. The bank aims to leverage his expertise to enhance growth and service delivery. BankUnited, with assets of $35.1 billion as of March 31, 2024, is recognized as one of the World’s Most Trustworthy Companies and operates in multiple states with extensive digital banking services.

Positive

• Appointment of Ernie Diaz, an experienced executive with nearly 40 years in banking.
• Diaz's previous role at TD Bank involved managing over 1,100 branches and extensive digital channels.
• BankUnited's strategic investment in leadership aims to drive growth in consumer, small business, and commercial banking.
• BankUnited's recognition as one of the World’s Most Trustworthy Companies.
• BankUnited's extensive digital service offerings and presence in Florida, New York, and Dallas.

Negative

• The impact of leadership changes on existing strategies is uncertain.
• Challenges associated with integrating Diaz's leadership style and approach within BankUnited's existing framework.
• Potential high costs related to recruiting top-tier talent like Diaz.

MIAMI LAKES, Fla.--(BUSINESS WIRE)-- BankUnited Inc. (NYSE: BKU) announced it has hired Ernie Diaz as senior executive vice president, consumer & commercial/small business executive to lead the bank’s consumer, small business and commercial banking teams, effective Wednesday, May 29, 2024.

BankUnited Senior Executive Vice President, Consumer & Commercial/Small Business Executive Ernie Diaz (Photo: Business Wire)

“With nearly four decades of leadership in the banking industry, Ernie is an accomplished, dynamic senior executive who is highly regarded for leading successful teams focused on growth,” said Thomas M. Cornish, BankUnited chief operating officer, to whom Diaz will report. “As a leading regional commercial and small business bank, BankUnited continues to invest significantly in talent to meet the evolving needs of our clients and we are thrilled to welcome Ernie to the senior leadership team.”

In his new role, Diaz will oversee the sales and branch strategy for the bank’s consumer, small business and commercial banking division that spans Florida, Texas and New York.

Diaz joins BankUnited from TD Bank in Miami, where he spent the last 16 years, most recently as executive vice president. In this role, he was responsible for leading TD’s consumer distribution network and largest employee population across the bank's Maine-to-Florida footprint, including more than 1,100 branches, contact centers and the bank’s extensive ATM network, online and mobile channels performance. Prior to this role, he served as regional president in Florida, where he was responsible for providing strategic direction and sales leadership to retail, small business, commercial and specialty banking operations, and lending services throughout a network of more than 155 branches.

A Miami resident, Diaz serves on the Baptist Health Services Board of Trustees and on the board of the Orange Bowl Committee. He is a past chair of The Beacon Council, Miami-Dade County’s economic development partnership, and of the Florida International University School of Business Dean’s Council and has served on the boards of the Camillus House and Latin Builder’s Association. Diaz earned a master’s degree in accounting from Nova Southeastern University, Davie, Florida, and a bachelor’s degree in business administration from Florida International University, Miami. He is a licensed CPA in the state of Florida.

Named one of the World’s Most Trustworthy Companies and one of America’s Greatest Workplaces by Newsweek magazine, Miami Lakes-based BankUnited operates banking centers in Florida, New York and Dallas, Texas, and offers 24-hour digital access to individuals, small businesses, middle-market companies, large corporations, and institutions seeking a broad range of consumer and commercial banking products and services.

Diaz will be based at BankUnited’s headquarters, 7835 Northwest 148th Street, Miami Lakes. For more information call (305) 231-6400 or visit www.BankUnited.com.

About BankUnited, N.A.
BankUnited, Inc. (NYSE: BKU), with total assets of $35.1 billion at March 31, 2024 is the bank holding company of BankUnited, N.A., a national bank headquartered in Miami Lakes, Florida that provides a full range of banking and related services to individual and corporate customers through banking centers located in the state of Florida, New York metropolitan area and Dallas, Texas, and a comprehensive suite of wholesale products to customers through an Atlanta office focused on the Southeast region. BankUnited also offers certain commercial lending and deposit products through national platforms. For additional information, call (877) 779-2265 or visit www.BankUnited.com. BankUnited can be found on Facebook at facebook.com/BankUnited.official and on Twitter @BankUnited.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240520190675/en/

Donna Crump-Butler, (305) 231-6707

dbutler@BankUnited.com

Amy Hoffman, (954) 303-4621 (m)

(954) 776-1999 (o)

ahoffman@piersongrant.com

Source: BankUnited Inc.

FAQ

Who is the new Senior Executive Vice President at BankUnited?

Ernie Diaz has been appointed as the Senior Executive Vice President at BankUnited.

What is Ernie Diaz's role at BankUnited?

Ernie Diaz will oversee the bank’s consumer, small business, and commercial banking operations.

When will Ernie Diaz start his new role at BankUnited?

Ernie Diaz will start his role on May 29, 2024.

From which bank is Ernie Diaz joining BankUnited?

Ernie Diaz is joining from TD Bank.

How many years of experience does Ernie Diaz have in the banking industry?

Ernie Diaz has nearly 40 years of experience in the banking industry.

What are the main regions where Ernie Diaz will oversee operations at BankUnited?

Ernie Diaz will oversee operations in Florida, Texas, and New York.

What is BankUnited's asset size as of March 31, 2024?

BankUnited has assets totaling $35.1 billion as of March 31, 2024.

What recognition has BankUnited received for its performance?

BankUnited has been named one of the World’s Most Trustworthy Companies by Newsweek.