Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

Lucienne Gigante, SVP of Doral Bank, Addresses Importance of Empowering Hispanic Community at the 34th Annual Convention of the



  Lucienne Gigante, SVP of Doral Bank, Addresses Importance of Empowering
  Hispanic Community at the 34th Annual Convention of the United States
  Hispanic Chamber of Commerce

Business Wire

SAN JUAN, Puerto Rico -- September 24, 2013

“At Doral, we take great pride in being a leading community bank. To us, that
means making a difference in the lives of our clients and community. Our
strategy is simple—substitute advertising dollars for Corporate Social
Responsibility dollars. We believe in creating long-term community programs
that empower, educate and provide opportunity. We also believe that driving
women’s economic development has a multiplier effect on the economy and is a
solution out of fiscal problems,” Lucienne Gigante, Doral’s SVP of Marketing,
Public Relations and Community, said in her address to the United States
Hispanic Chamber of Commerce, during the premier luncheon at which Michelle
Herrera Mulligan, Editor-in-Chief of Cosmopolitan for Latinas, was awarded the
USHCC’s Women in Business and Leadership Award.

Ms. Gigante, with the support of Doral’s CEO, Glen Wakeman, and the entire
executive leadership team, has been instrumental in formulating dynamic
entrepreneurial and community programs across Puerto Rico, reflecting Doral’s
commitment to the communities which it serves. Mr. Wakeman’s vision for
community initiatives centers on providing economic and financial support to
those who often do not receive it. The Mujeres de Exito (Women of Success)
program, a cornerstone of Doral’s local outreach, is a community program
committed to supporting the entrepreneurial and professional pursuits of women
in Puerto Rico.

Ms. Gigante emphasized in her address that, “The number of highly educated
women – women with the potential to start scalable ventures – has reached
record levels in Puerto Rico and the US. Yet not enough women are being
encouraged to take entrepreneurial steps, or exposed to appropriate
opportunities because, among other conditions, their support structures and
networks continue to be limited. We want to change this reality.

Over the past two years Doral has invested nearly $3 million in the
communities of Puerto Rico, to support the development of women professionals
and entrepreneurs through our Mujeres de Exito (Women of Success Program).
Mujeres provides capital for women to start or grow a business, while making
education, mentoring and networking opportunities available to help them
succeed.

In the last year alone, Doral has enabled the creation of 30 women-owned
businesses. In fact, just two weeks ago, we injected approximately $1 million
into twenty additional high-growth, women-owned businesses.”

In addition to addressing the luncheon, Ms. Gigante moderated a panel
discussion at the Convention on gender inclusion and leadership, which
featured distinguished female Hispanic business leaders, including Carmen
Castillo, Beatriz M. Manetta and Nina G. Vaca.

Full Text of Ms. Gigante’s Speech:

Good afternoon. On behalf of Doral Financial Corporation and our CEO Glen
Wakeman, it’s an honor to be addressing each of you today. We applaud you for
your tireless efforts on behalf of Hispanic communities across the US and
Puerto Rico, my home.

At Doral, we take great pride in being a leading community bank. To us, that
means making a difference in the lives of our clients and community. Our
strategy is simple—substitute advertising dollars for Corporate Social
Responsibility dollars. We believe in creating long-term community programs
that empower, educate and provide opportunity. We also believe that driving
women’s economic development has a multiplier effect on the economy. And is a
solution out of fiscal problems.

The number of highly educated women – women with the potential to start
scalable ventures – has reached record levels in Puerto Rico and has been for
years in the US. Yet not enough are taking entrepreneurial steps, or being
exposed to appropriate opportunities because, among other conditions, their
support structures and networks continue to be limited.

We want to change this reality.

Over the past two years Doral has invested nearly $3 million in the
communities of Puerto Rico, to support the development of women professionals
and entrepreneurs through our Mujeres de Exito (Women of Success Program).
Mujeres provides capital for women to start a business or grow a business.
And, it provides education, mentoring and networking opportunities to help
them succeed.

In the last year alone Doral has enabled the creation of 30 new women-owned
businesses. In fact, just two weeks ago, we injected approximately $1 million
to twenty additional high-growth women-owned businesses.

I am pleased to be joined today by two successful Hispanic women who have
benefited from the Mujeres de Exito program. Marisol Santiago’s was a single
mother of two with three jobs, when she was let go of her pharma employment.
She reinvented herself and started a pharmacy, and now, after Doral’s capital
injection, she has opened an infusion center, finding new niches and growing
her successful business for the betterment of the community. Meanwhile,
Alessandra Correa owns Pique Mi Madre, a hand-made high-quality hot-sauce from
Puerto Rico. With the financial support she received from Doral, Alessandra
will start exporting her product, starting with Whole Foods in Florida.

Marisol and Alessandra are a testament to the power that Hispanic women can
have on their local economies when properly supported by financial
institutions. There are millions of bold and ambitions Hispanic women just
like Marisol and Alessandra. Providing them with the tools and encouragement
to succeed will substantially drive economic development, and truly change the
lives of many women and their respective communities.

To learn more about Doral’s community initiatives, please visit
http://www.doralbank.com/en/community/doral-community-involvement.aspx

About Doral

Doral Bank is a leading community bank based in San Juan, Puerto Rico. Doral
serves its customers both in Puerto Rico and in the US mainland. On the U.S.
mainland, Doral has branches in Florida and New York and its national online
bank, Doral Direct. Doral Bank is a member of the FDIC and a wholly owned
subsidiary of Doral Financial Corporation (NYSE: DRL).

Contact:

Doral
María M. Rodríguez Matienzo
787-474-6497
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement