Banking Career
In 1968, Ortega moved to Los Angeles where she became a CPA and joined the firm of Peat, Marwick, Mitchell & Company as a tax supervisor. She also worked as a cashier at Pan American National Bank, a financial institution originally founded in 1963 by Romana Acosta Bañuelos. Ortega became vice president of the bank in 1971 the same year that Bañuelos was sworn-in as U.S. Treasurer. Finally, in 1975, Ortega became president of Santa Ana State Bank, the first woman chief executive of a bank in the state.
Ortega returned to New Mexico in 1977 in order to help run the family accounting firm. Under her stewardship, the company grew into the Otero Savings and Loan Association and, by 1983, had assests of $20 million. During this time, Ortega garnered numerous academic and business accolades for her efforts.
Read more about this topic: Katherine D. Ortega
Famous quotes containing the words banking and/or career:
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)
“Whether lawyer, politician or executive, the American who knows what’s good for his career seeks an institutional rather than an individual identity. He becomes the man from NBC or IBM. The institutional imprint furnishes him with pension, meaning, proofs of existence. A man without a company name is a man without a country.”
—Lewis H. Lapham (b. 1935)