Joaquin Castrillo-salgado on mentorship
From Cómo combatir la inseguridad y alcanzar el C-Suite, según CFO de Evertec, Joaquín Castrillo. · · Raúl Palacios
“Mac, the CEO of Tech, gave me a lot of advice on how to handle the process: take it head-on, be proactive rather than reactive.”
On , Joaquin Castrillo-salgado, Executive Vice President, Treasurer & Chief Financial Officer at EVERTEC INC, spoke about mentorship during Cómo combatir la inseguridad y alcanzar el C-Suite, según CFO de Evertec, Joaquín Castrillo. on Raúl Palacios.
About Joaquin Castrillo-salgado
Joaquín Castrillo-Salgado, Executive Vice President, Treasurer & Chief Financial Officer at Evertec, discussed his career path and the company’s strategy in two recent interviews. He said that when the CFO position opened at Evertec, he was asked if he was willing to participate in the process and accepted, despite feeling fear about taking the leap and doubting his readiness for the role’s exposure. Castrillo-Salgado credited Mac, the CEO of Evertec, for advising him to be proactive rather than reactive, and he recommended that others meet people, demonstrate their work, and pursue opportunities aggressively. He described becoming CFO of a public company at age 36 as a unique experience, noting that he did not plan to pursue that path when he graduated high school. Castrillo-Salgado highlighted Evertec’s focus on profitability, stating that the company maintains margins among the best in the industry, including compared to larger U.S. competitors. He said the electronic payments industry is constantly changing and that Evertec must continue innovating to stay competitive. He noted that the company has been active in inorganic growth, including a recent acquisition in Brazil, and that Latin America presents opportunities as more people enter formal banking systems. Castrillo-Salgado added that over half of Evertec’s employees are outside Puerto Rico, with offices in several Latin American countries, and that retaining talent is a challenge, requiring a strong culture where employees understand the company’s goals. He said the CFO role has evolved to require knowledge of technologies like artificial intelligence and blockchain, and that he dedicates time to studying these tools. He defined success as happiness, citing family and work as key components.