HOUSTON, May 6, 2021 /PRNewswire/ -- BBVA USA Executive Director of Syndicated Finance Origination Cara Younger was named to American Banker's Most Powerful Women in Banking: Next. Now in its third year, the list recognizes the accomplishments of women age 40 and under in the banking industry.
Younger has been with BBVA since 2013, first starting as director of the syndicated finance origination team. Throughout her nearly 20-year career in the banking industry, she has worked in increasingly responsible roles in loan syndications and advanced into her current role in 2019.
"BBVA really works to support its clients in their growth strategies through both capital commitments and advice. My role in that effort allowed me to help one of the bank's core clients with its biggest and most complex acquisitions in its history," said Younger. "I had the opportunity to build and lead the structuring and execution deal team, including Syndicated Finance, Loan Syndicate & Sales, Legal, Risk, Finance, and Client Coverage, and together we successfully closed the deal and exceeded client expectations."
As the first underwriting of an institutional term loan in the US and largest transaction of its kind for BBVA, Younger also laid the groundwork for future deals. She helped put in place new policies and internal procedures related to underwriting and fronting of the Term Loan B loan and helped refine the credit approval process to be more responsive on transactions like this.
"Cara has consistently demonstrated a level of creativity and leadership that will drive her career on a path to the c-suite. In the area of green financing, she acts as champion in the bank, taking the lead in this initiative by spearheading the promotion of value-added financing structures for clients, as well as acting as the internal 'champion,' helping educate others in the organization," said Michael Adler, Head of Corporate and Investment Banking USA, who nominated Younger for the recognition. "Cara has been instrumental in creating cross functional, cross border teams to develop appropriate financings to advance our clients' green and sustainable ambitions, actively working with clients to structure tailored financings that support their individual goals to promote sustainability and their efforts to improve their ESG practices."
The Most Powerful Women in Banking: Next honorees will be featured in the May 2021 issue of American Banker and at an awards ceremony scheduled to take place during the magazine's Most Powerful Women in Banking LEAD conference.
See the complete list of honorees here.
For more financial information about BBVA in the U.S., visit bbvausa.investorroom.com.
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.
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.
SOURCE BBVA USA