Ponce Financial Group Bolsters Leadership with Key Board Appointment

In a significant move poised to strengthen its leadership and strategic oversight, Ponce Financial Group, Inc. (the holding company for Ponce Bank) recently shared some exciting news regarding an addition to its board of directors. They're bringing on Frank Calderon, a seasoned financial services professional, as an independent director, a role he'll also fulfill for the subsidiary, Ponce Bank. While the announcement came out recently, his tenure is set to officially begin on March 1, 2026 – a truly forward-looking appointment, indeed!

Mr. Calderon isn't just any new board member; he brings a formidable depth of experience to the table, particularly in the often complex and ever-evolving realms of regulatory compliance, risk management, and overall regulatory affairs. When you look at his impressive career trajectory, it's clear he's spent years honing these critical skills within the financial sector.

Before joining Ponce Financial Group, Calderon held a pivotal role as Senior Vice President and Chief Compliance Officer at Santander Bank N.A. And prior to that, he was Senior Vice President and Director of Corporate Compliance for Sovereign Bank. These aren't small titles; they speak volumes about his hands-on experience navigating the intricate landscapes of large banking institutions. What's more, he also served as a consultant for the prestigious Promontory Financial Group, offering his expert insights to a wide array of clients, which really broadens his perspective.

Naturally, the leadership at Ponce Financial Group is thrilled with this appointment. Carlos P. Naudon, the President and CEO, expressed his excitement, noting, "Frank is an exceptionally qualified executive with deep financial services knowledge in regulatory compliance and risk management. We are confident that his extensive experience and skills will be invaluable to our Board and our mission to create a sustainable financial institution committed to its customers and the communities we serve." It's clear they see him as a perfect fit for their community-centric approach.

Mr. Calderon himself shared his enthusiasm for this new chapter. "I am honored and excited to join the Board of Directors of Ponce Financial Group and Ponce Bank," he stated. "I look forward to contributing to the Group’s continued success and its unwavering commitment to serving the needs of the diverse communities in the New York metropolitan area." His words truly resonate with the bank's ethos.

Academically, Mr. Calderon is just as impressive. He holds a Juris Doctor from Fordham Law School, underscoring his strong legal foundation, and a Bachelor of Science in Economics from Wagner College. This blend of legal and economic understanding undoubtedly equips him with a holistic view of the financial world.

Ponce Financial Group, Inc., as many know, stands as the bank holding company for Ponce Bank, which has been a cornerstone in New York City's diverse metropolitan area for generations. They're dedicated to empowering their customers, supporting small businesses, and fostering economic growth within their neighborhoods. Adding someone of Frank Calderon's caliber is a clear sign of their ongoing commitment to excellence and robust governance, ensuring they continue to serve their community effectively and responsibly well into the future.