Rafael Velez
EMPL '21
Current position and employer: Board member of Oriental Financial Group (OFG Bancorp). It is a publicly traded financial institution in Puerto Rico with approximately $10B in assets. It is the 3rd largest bank in Puerto Rico.
Hometown and current city: Dorado, Puerto Rico
Why did you choose McCourt? As a principal in various companies throughout Latin America, I lived first-hand how the policies of the United States affected the operations of companies in the region. As an example, given the DR-CAFTA trade agreement, companies in the Dominican Republic that export produce to the U.S. need to be compliant with certain regulations established by the US Department of Labor.
I wanted to have a better understanding of how the policymaking process is influenced by different interest groups and other forces. DC is at the heart of this process and the professors at McCourt have practical experience - beyond the theory - in this area.
What was the best part of your experience? The case discussions between my classmates and the professor at McCourt has been one of the great experiences I have ever had. Classes are conducted in a very interesting and challenging manner.
What student organizations are you involved with? I am currently involved as a member of the Latin American Policy Association (LAPA). With all the research and discussions we have had, I learned to manage a lot of issues and promote effective solutions among my peers. I consider the access to the McCourt network in LatAm my most precious asset.
Undergraduate University, degree, and major: Babson College, double major in Accounting and Economics
Hobbies/ Interests: My hobbies are road and mountain biking, swimming and boating. I also love to ski when I get the chance to travel to enjoy some powder snow.