The South Florida Business Journal recently reported in November 2021 that Miami-based Intercredit Bank has added two hires to its leadership team more than a year after it was purchased by the majority owner of Ecuador’s largest private bank. Matthew Cordis has been named EVP and COO of Intercredit Bank after serving on the bank’s board of directors from 2017 to 2020. Joining the bank as SVP and residential lending officer is Annelise Ferrer, a 30-year veteran of South Florida’s mortgage banking industry. Ferrer will oversee the bank’s mortgage lending portfolio with domestic and international clients as well as contributing to the increase of the bank’s deposit portfolio.
In June 2020, Intercredit Bank was acquired by Fidel Egas Grijalva for an undisclosed amount. The Ecuadorian businessman and banker is the majority shareholder of both Banco Pichincha and Diners Club Ecuador. https://www.bizjournals.com/southflorida/news/2021/11/10/intercredit-bank-names-two-executive-hires.html