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First BanCorp. Announces Retirement of Chief Financial Officer Orlando Berges and Appointment of Successor Said Ortiz

FBP
  • First BanCorp. announced that Orlando Berges, Executive Vice President & Chief Financial Officer, will retire effective June 30, 2026, after nearly 17 years of service.
  • Berges joined the Corporation in May 2009 & led the Finance organization through recapitalization, major acquisitions, & the institution's turnaround.
  • Said Ortiz, currently Senior Vice President & Chief Accounting Officer, has been appointed Executive Vice President & Chief Financial Officer effective July 1, 2026.
  • Ortiz joined the Corporation in 2013 & brings over 19 years of experience in accounting, auditing, & financial management.
  • Berges & Ortiz will collaborate over the coming months to ensure a seamless leadership transition.
  • First BanCorp. is the parent company of FirstBank Puerto Rico, which operates in Puerto Rico, the U.S., British Virgin Islands, & Florida, with shares trading on the NYSE under the symbol "FBP."