Richard Carrion

Topics: United States, Puerto Rico, Federal Reserve System Pages: 4 (1149 words) Published: December 19, 2012
Richard Carrion is an innovator human being that has brought technological events throughout various countries of Latin America. With the experience this gentleman has, it is how he has been able to raise the bar in his native country by using his business knowledge and his favorite passion, charisma. Besides maximizing shareholder’s profit, Mr. Carrion has dedicated the majority of his life helping the community many ways. Education and sports are the two key important elements in his philanthropy field of experience. Richard L. Carrion Rexach was born on November 26, 1952 in San Juan, Puerto Rico to a very knowledgeable and wealthy family. The Carrion family is a well-known family name that has created many historical moments of the history of Puerto Rico since the 1800’s until today. His grandfather, Rafael Carrion senior, was one of the founders of Popular, Inc. (BPPR) (Gonzalez, 2012). Popular, Inc. is the umbrella or parent company of the well-ranked Banco Popular de Puerto Rico and Banco Popular North America. It also has other subsidiaries that are Popular Finance, Popular Mortgage, Popular Lease and Rent, and others. Banco Popular de Puerto Rico is the biggest bank on the island of Puerto Rico, the largest Hispanic bank of the United States of America, and it is classified as the one of the top 100 banks in the United States (Profiles. The Forbes Magazine, 2012). These are all achievements that have been passed from generations through generations. Richard Carrion graduated from the Wharton School obtaining a bachelor’s degree in Finance and Commerce (Gonzalez, 2012). Later on, in 1976, Richard Carrion obtained a master’s degree in science in management information systems from MIT. After completing the master’s degree, Richard Carrion joined Banco Popular in 1976 working under his father’s management. After his father's death, Carrion became the leader of that banking corporation following the legacy of his father and grandfather. The Carrion family has...
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