By: Special to The Laredo Sun
In his new role, Urrabazo will be charged, along with the Chairman, with evaluating the economic, political, regulatory and educational needs of the banking industry and developing positions, products, services and programs to respond to those needs.
He is replacing outgoing chairman-elect Mike Mauldin, CEO, President & Chairman of First Financial Bank of Hereford, Texas and will serve in this role through May 2013.
“We are very proud of Ignacio’s new role as chairman-elect of one of the most powerful banking associations in the nation,” International Bancshares Corporation Chairman Dennis Nixon said.
“Ignacio has had a consistent presence in Congress and through this position, will have a greater influence in shaping banking regulation and establishing a vision for Texas and national banking.”
Urrabazo has played a significant role in TBA for more than a decade beginning with a position on the Board of Directors followed by positions on the legislative, government relations, nomination and convention site committees.
Most recently, he was a member of the Executive Committee on which he served as treasurer and was responsible for reviewing the association’s balance sheets and income statements on a monthly basis.
In that role, he also made operational recommendations along with the Executive Committee in areas such as the association’s budget.
The Texas Bankers Association, founded in 1885, is a statewide association that represents 86 percent of Texas banks.
Commerce Bank is a member of International Bancshares Corporation (NASDAQ: IBOC), an $11.8
billion multi-bank financial holding company headquartered in Laredo, Texas, with 215 facilities and more than 375 ATMs serving 88 communities in Texas and Oklahoma.
International Bancshares Corporation was named one of the most trustworthy companies in the U.S. by Forbes in 2012. More information is available at www.ibc.com . Visit us on our YouTube channel, IBCBankWeDoMore.