BBVA Compass has appointed Jeff Talpas, a member of the bank’s management committee who has overseen the bank’s retail line of business, as new head of the combined wealth & retail banking group.

The move brings together all of the bank’s consumer segments in a single area led by Talpas, who has more than 25 years of experience in the financial services industry.

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The group has named William Helms, head of the the firm’s wealth management business, as vice chairman of the board of directors.

Until now, Helms has led the bank’s wealth management business, overseeing private banking, asset management, international wealth management, broker-dealer activities and registered investment advisors.

"Bill brings a deep understanding of our strategic direction and will greatly enrich our board," said Manolo Sanchez, BBVA US country manager and president and CEO of BBVA Compass. "His leadership has helped us successfully implement our innovative, customer-focused business model across our growing U.S. footprint. We are fortunate to have his counsel."

In addition to serving on the bank’s board of directors, Helms joins the board of BBVA Compass Bancshares Inc., the bank’s holding company.

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