The Board of Directors of OFG Bancorp continues to broaden and strengthen its membership by selecting experienced individuals from different backgrounds. On January 27, 2016, the company's Board of Directors elected N stor de Jesus as a new member of the Board. Mr. de Jesus has thirty years of experience as an investment banker serving Puerto Rico private and public sector clients.

The election of Mr. de Jesus is effective immediately. Mr. de Jesus was also named to the Corporate Governance and Nominating Committee and the Risk and Compliance Committee of the Board at the time of his election.