Miami-based Apollo Bank is creating a more inclusive workplace
While the financial services industry may appear to be a predominantly male-dominated field, today’s banking workforce is surprisingly balanced among men and women. However, the gender gap widens further and further the higher the leadership roles get at banking institutions nationwide. Apollo Bank, a leading community bank in Miami, is working to change this trend.
Following a year of monumental and rapid growth, Apollo Bank is strengthening its leadership team by hiring 7 highly skilled bankers and promoting an additional three. Of the 10 new leaders at Apollo Bank, six are women, rare in the banking industry where men dominate the executive roles. Since its inception in 2010, Apollo Bank has prided itself in being a diverse and inclusive financial institution within the banking community, and today 62% of its workforce is comprised of women and 25% of the bank’s C-suite executives are women (also above the industry norm).
“The diversity in experience and backgrounds of our new hires reflect our mission to recruit the best and brightest in the community and position the bank for long term success,” said Eddy Arriola, Chairman and CEO of Apollo Bank.
The bank is recognized nationally as one of the “Top Banks to Work For” by American Banker Magazine and as one of the “Best Companies to Work for in Florida” by Florida Trend Magazine and South Florida Business Journal. Additionally, Apollo Bank is one of a few remaining locally owned and independently operated banks in South Florida. For the past 11 consecutive quarters, the bank has achieved the strongest rating of five stars from Bauer Financial and currently has $900 million in total assets.