Abel Iglesias, President and CEO of Professional Bank, has been appointed to the board of directors of the Federal Reserve Bank of Atlanta’s Miami Branch. His term runs through December 31, 2021.

Iglesias has served as the Bank’s leader since 2016 after serving three years as its Executive Vice President and Chief Lending Officer.

Prior to joining Professional Bank, he was CEO of JGB Bank N.A., Senior Executive Vice President at BankUnited FSB, Executive Vice President and Chief Lending Officer at the South Florida region for the former Colonial Bank and Executive Vice President and Chief Lending Officer of Eastern National Bank.

Iglesias is on the board of directors of Doctor’s Hospital and Miami Dade College Center for Financial Training, for which he is a former chair. He is also former chair of Friends of WLRN and a former board member of the Latin Builder’s Association and City of Coral Gables Historic Preservation.

He earned a bachelor’s degree from Barry University and an MBA from the University of Miami.

Federal Reserve Bank of Atlanta branch directors provide economic information from their industries and the branch territory to the district bank’s president and head office directors, who use the information in discussing monetary policy options and making discount rate recommendations. Iglesias was appointed by the Atlanta Fed’s board of directors. The board of governors appoints three Miami Branch directors, and the Atlanta head office directors appoint four.

About Professional Bank: Headquartered in Coral Gables, Fla., Professional Bank is one of Florida’s fastest-growing community banks. A subsidiary of financial holding company Professional Holding Corp. (OTC: PFHD), Professional Bank specializes in construction, residential and commercial real estate financing as well as business loans and lines of credit, including SBA financing. Known for high-touch customized concierge services, the Bank serves the needs of its customers through a full offering of deposit products, cash management services, online and mobile banking.

Founded in 2008, Professional Bank operates full-service branches and loan production offices in Miami-Dade, Broward and Palm Beach counties. For more information, visit www.professionalbankfl.com.