Mr. Derteano has more than 25 years of experience in high-level positions in Credit Risk, Portfolio Management, Administration of Special Credits and Assets in Local and International Banks.
He recently led as Assistant Vice President the Credit Administration Department of Multibank Colombia, Credit approvals, Control Procedures and other key functions from headquarters in Panama to optimize the quality of the assets of Loan Portfolio since the origination stage.
He has been Deputy Vice President of Credit Management at Balboa Bank & Trust (Panama). He has experience in Credit and Collections Administration, Local and International Credit Approvals, and Implementation of Credit Policies, Procedures, and Processes.
Mr. Derteano has also been responsible as Vice President of the Special Credits and Repossessed Assets at HSBC Bank (Panama) from 2005 to 2014. One of his main functions was to prioritize Portfolio recovery allocated in the Special Credits unit in order to reduce the past-due portfolio and reduce the provisions allocated.
He holds a Master in Business Administration (INCAE) and a Bachelor of Business Administration with an emphasis in Management (Southern Connecticut State University).