02 Feb, 2021

Apollo Bank appoints Ramon Rodriguez as bank president

February 2, 2021 UMV: 346,000

By Ashley Portero – Reporter, South Florida Business Journal

Apollo Bank announced Ramon Rodriguez joined the company's leadership team.

As president of the Miami-based bank, Rodriguez will oversee the institution's lending and credit teams, and client services across its five branches and global banking division.

Apollo Bank chairman and CEO Eddy Arriola said Rodriguez's decades of experience in South Florida banking will be an asset as the region – and company – grapples with the economic fallout of the Covid-19 pandemic.

"When I was thinking about starting a bank in 2008, in the middle of a recession, Ramon was one of the first people I talked to," he said. "Now, coming off the most challenging year in modern history, I find myself once again aligning with Ramon. This time as an integral part of our Apollo Bank team and I'm confident his leadership and experience will help our bank reach new heights."

Rodriguez joins Apollo from City National Bank of Florida, where he was executive VP, director of commercial banking and treasury. He spent more than a decade at TotalBank, most recently as an executive VP and senior lending officer, before the bank was acquired by CityNational in 2018.

Apollo Bank plans to revamp its digital offerings and services this year to drive growth, including the introduction of a new app, improved mobile banking, a new website and digital systems to streamline internal communication. Recruiting new talent is another objective for the bank, beginning with Rodriguez's appointment.

Apollo Bank is among the handful of locally owned banks in the region. A merger between the community bank and Suncoast Credit Union was canceled last May due a series of regulatory delays tied to the pandemic.

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