Scotiabank appoints Salvador as Director of Finance in Panama

Writing Voice of Diaspora

Salvadoran Reynaldo Coto, He appointed as CFO of Scotiabank in Panama, It has an international experience in finance, performing for more than 15 years in various multinational companies with responsibilities in Mexico, Central America and the Caribbean.

In his role as a leader in the financial area shall be responsible to reaffirm the goals and commitments of the bank, ensure sound management and management of financial assets and liabilities, and strengthen the Bank's relations with financial markets and agents, the institution said in a statement.

From his current position, It works together with different departments of the Bank and is responsible for implementing new strategies for financial planning and execution, according to the bank.

Before joining Scotiabank, Coto served as General Manager at Equilibrium risk rating that is part of Moody's, He also worked at companies such as KPMG, Bank One, Citibank y Amcor Rigid Plastics.

Reynaldo Coto has a CPA and is a graduate of the Universidad Centroamericana Jose Simeon Canas, in San Salvador, The Savior, also it has an MBA from the EADA Business School "EADA" Barcelona, Spain.

Scotiabank settled in Panama in 1974 and today ranks among the largest banks in the country's International Banking Center, then in 2015 buy commercial and personal banking portfolios Citibank in Panama and Costa Rica.

Scotiabank is the International Bank of Canada provides financial services in the Americas, more than 25 million customers.

Currently it has more than 99,000 employees and more than $1 trillion in assets (al 30 April 2019).