FV Bank, a Puerto Rico-based digital bank that provides digital asset services, has appointed Frank J. Serra as its new Chief Financial Officer (CFO).
According to the bank, Serra previously held numerous leadership positions, such as CEO, COO, and Director of Operations, and most recently served as CEO of Santander Asset Management LLC, where he managed the administration of $4.5 billion in Assets Under Management. Serra also served as Senior Vice President and Director of the Trust Division at Banco Santander Puerto Rico, leading bank trust operations, corporate trust and custody services, and risk management. Prior to that he served as Assistant Vice President and Assistant Manager of the Trust Division at Banco Popular de Puerto Rico.
As CFO, Serra will oversee the financial operations of the bank, incorporating his experience in regulatory compliance.
FV Bank CEO Miles Paschini said he is pleased to have Serra join the bank and his experience will be invaluable as they expand banking services and explore more opportunities in the banking sector as well as within digital assets.
“With his extensive expertise in asset management and financial leadership, we are confident in his ability to lead the financial operations of FV Bank and support our ambitious growth plans.”
Serra said he was excited to join the bank at a pivotal time in its growth trajectory and he looks forward to building on the bank’s solid financial foundation.
“FV Bank has a tremendous opportunity to capitalize on its unique market position and I’m eager to contribute to the bank’s continued success.”
FV Bank is a global digital bank and digital asset custodian regulated by the Office of the Commissioner of Financial Institutions (OCIF), Puerto Rico, USA. FV Bank integrates banking and payments with digital asset custody services in a regulated and compliant infrastructure. The bank currently offers products ranging from depository accounts and payment services to digital asset custody and VISA card issuance. FV Bank states that it supports the unique requirements of corporates, institutions, family offices and their respective clients through online banking and integrated API solutions.