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prima:FirstBank president recounts the historic race to overcome the 2009 financial crisis

Aurelio Alemán led the transformation process that kept the bank afloat and established it as a leading institution in Puerto Rico

October 8, 2026 - 4:56 PM

Aurelio Alemán, president and CEO of FirstBank, during the first Hecho Pa’l Éxito Speaker Series event hosted by the Hecho en Puerto Rico Association. (Efraín Montalbán Ríos)

The second-largest commercial bank in Puerto Rico by assets was on the verge of disappearing during the economic crisis that swept through the financial system about 17 years ago.

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