Texas: Knudson Appointed to Succeed Petet as CEO for BBVA Compass’ Austin Office

Birmingham, Alabama-based BBVA Compass has appointed Dillan Knudson as Austin CEO, where he will lead the market’s commercial banking operations, local global wealth team and small-business banking, as well as manage the local advisory board.

Knudson has been in the industry for more than a decade, with a background in commercial and health care banking. Since joining BBVA Compass in 2011 as a credit products officer, Knudson has served as relationship manager and, most recently, market president for the Inland Empire office in California.

Before joining BBVA Compass, Knudson worked in investment banking with an advisory firm. In addition, he has worked in commercial real estate.

Knudson is also an active member of the communities he has called home, most recently serving as a board member for the Make a Wish Foundation of Orange County and the Inland Empire. He has also served on the executive leadership council for Hope Through Housing.

Knudson earned a bachelor’s degree in finance from the University of North Dakota. He also attended the BBVA Compass Executive Education Program at the University of Texas in 2016.

“Dillan is a hard-working, fast-rising banking professional who brings an energy and innovative way of thinking that reflects Austin’s startup atmosphere,” says Jeff Dudderar, BBVA Compass Texas regional executive. “He is consistently a top-performer and has won multiple bank awards for his extraordinary and consistent performance. He has also worked in diverse areas of the industry, and is well prepared to take on the market’s various banking needs.”

Knudson’s appointment to market CEO comes on the heels of previous Austin CEO Joe Petet’s retirement at the end of the year. Petet has been the market’s leader for almost 10 years and is stepping down after a successful run with the bank.

“We are very sad to see Joe leave, but we couldn’t be happier for him and the new chapter he is choosing to undertake,” says Dudderar. “BBVA Compass saw substantial growth in the Austin market and it was thanks in no small part to Joe’s solid leadership and his eye for up-and-coming talent. We wish him just as much success in retirement.”

BBVA Compass is a Sunbelt-based financial institution that operates 649 branches, including 336 in Texas, 63 in Arizona and 18 in New Mexico.

Published in Bankers Digest December 17, 2018