---
schema_version: "secwatch.filing_event.v1"
accession: "0001030469-23-000015"
form_type: "8-K"
ticker: "OFG"
cik: "0001030469"
company_name: "OFG BANCORP"
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T04:34:09.874845+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# OFG Bancorp restructures executive team, appoints new Chief Strategy Officer, CRO, and Chief Retail Banking Officer

## Summary
- Dr. Ganesh Kumar appointed Chief Strategy Officer, U.S. Business; prior COO role eliminated effective May 1, 2023.
- César Ortiz named Chief Risk Officer, overseeing enterprise risk management, credit risk, and physical/information security.
- Mari Evelyn Rodríguez appointed Chief Retail Banking Officer; was CEO of Marsh McLennan PR branch since 2017.
- Changes aim to support geographic diversification and expansion into continental U.S. banking initiatives.

## SEC filing metadata
- accession: 0001030469-23-000015
- form_type: 8-K
- ticker: OFG
- cik: 0001030469
- company_name: OFG BANCORP
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1030469/000103046923000015/0001030469-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1030469/000103046923000015/ofg-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001030469-23-000015
- JSON: https://secwatch.observer/filing/0001030469-23-000015.json
- Plain text: https://secwatch.observer/filing/0001030469-23-000015.txt

## Key facts
- Executive change
  Ganesh Kumar was appointed as Chief Strategy Officer, U.S. Business at OFG BANCORP.
  - Action: appointed
  - Role: Chief Strategy Officer, U.S. Business
  source text: Dr. Ganesh Kumar, our Chief Operating Officer since 2017, was appointed to a new position as Chief Strategy Officer, U.S. Business.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1030469/000103046923000015/0001030469-23-000015-index.htm
- Executive change
  César Ortiz was appointed as Chief Risk Officer at OFG BANCORP.
  - Action: appointed
  - Role: Chief Risk Officer
  source text: Mr. César Ortiz, our Managing Director, Retail Business Development since March 2022, was appointed Chief Risk Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1030469/000103046923000015/0001030469-23-000015-index.htm
- Executive change
  Mari Evelyn Rodríguez was appointed as Chief Retail Banking Officer at OFG BANCORP.
  - Action: appointed
  - Role: Chief Retail Banking Officer
  source text: Ms. Mari Evelyn Rodríguez was appointed Chief Retail Banking Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1030469/000103046923000015/0001030469-23-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.