BBVA adds senior expertise to its securitization and ABS franchise, advancing the next phase of growth in the U.S.

BBVA CIB continues to build momentum in the U.S. securitized products market with the appointment of Sang H. Hang as responsible for ABS Syndicate and Structuring, based in New York. This marks a key milestone in the expansion of BBVA’s Securitization and Warehouse Lending Hub launched in 2024.

Sang joins from SMBC, where he led Structured Finance Syndicate and Origination activities for ABS and CLOs. With over two decades of experience—including senior roles at HSBC Americas—he brings deep expertise in structuring, placement, and execution across a broad range of securitized products.

“Our clients are increasingly requesting BBVA to offer securitization warehousing lines, as well as ABS structuring and placement capabilities,” said Regina Gil Hernández, Head of BBVA CIB USA. “This appointment reflects our strong commitment to structured finance and our ambition to become a long-term strategic partner for clients across sectors like Data Centers and Private Credit.”

This move follows the 2024 appointment of Richard Burke as Head of the Securitization business. Since then, BBVA has steadily built a high-performing team that combines structured products origination, syndication, and risk capabilities. The platform now includes senior professionals including Charles Schiller, Executive Director of Credit Risk (formerly at Mizuho), and Jaykumar Shiyani, Associate in Securitization Origination (formerly at KBRA).

“In products as complex as ABS and CLOs, robust risk and structuring knowledge are essential,” noted Pablo González León, Chief Risk Officer for BBVA USA. “Sang’s addition to the team enhances our ability to assess and allocate risk efficiently, which is critical for supporting our clients’ financing needs while ensuring resilience and transparency.”

Sang will report to Lucho Alarcon, BBVA’s Global Head of Credit and US Global Markets Head, and will lead efforts to develop ABS structuring and syndication capabilities out of New York. His team will support clients globally, further reinforcing BBVA’s position in key structured credit sectors.

With this new hire, BBVA strengthens its offering in capital-efficient solutions for institutional clients, and corporates. The expanded team will continue developing BBVA’s structured credit capabilities in key sectors such as data infrastructure, private credit, and sponsor-backed transactions — all strategic pillars of BBVA’s long-term US growth strategy.