Founded by Professionals, for Professionals
We carefully selected the word ‘Professional’ for the name of our bank. To us, ‘professional’ refers to individuals who excel at what they do regardless of their area of expertise. We believe that our executives and directors represent our brand as each has earned the title ‘professional’ and personify it every day.
Whether entrepreneurs, lawyers, CPAs, business executives, investment bankers, physicians, architects, realtors, engineers or more, our goal is to provide best-of-class banking to clients who are passionate about how they earn and spend their money.
Meet our team
Abel L. Iglesias
President & Chief Executive Officer
Abel L. Iglesias serves as the Bank’s President and Chief Executive Officer and has over 30 years of banking experience in the South Florida Market, most recently as President and CEO of JGB Bank, N.A. Prior to his post at JGB, Mr. Iglesias was the Senior Executive Vice-President of BankUnited FSB where he oversaw the commercial, corporate, commercial real-estate and small business banking areas. He was directly responsible for the day to day management of the Commercial Banking division and its lending groups for Miami-Dade, Broward and Palm Beach Counties. In 1997 through 2003 he was the Executive Vice President and Chief Lending Officer for the South Florida region of Colonial Bank. Mr. Iglesias also worked for Eastern National Bank and the Bank of Miami where he began his banking career in 1980. Mr. Iglesias is a member of the Operating Board for Doctor’s Hospital, which is part of Baptist Health Systems. He is a past- Chair of the Board of Directors for Miami-Dade College’s Center for Financial Training. He is also a past-Chair of the Board of Directors of Friends of WLRN 91.3 FM (NPR), a former board member of the Latin Builder’s Association and former board member for the City of Coral Gables’ Historic Preservation Board. Mr. Iglesias holds a Master’s Degree in Business Administration from the University of Miami and a Bachelor’s Degree, magna cum laude, in Business Administration from Barry University.
Daniel R. Martinez
Executive Vice President-Client Management Group
Danny Martinez has over 25 years of banking experience. Prior to joining Professional Bank, Mr. Martinez worked for financial institutions such as Citibank, Union Planters Bank-Private Banking Division and Gibraltar Private Bank & Trust Co. where he served as a Senior Vice President and Market Manager formulating relationships with high net worth individuals and families as well as professionals within the legal, accounting and medical communities. A native Miamian, Mr. Martinez serves on the Board of Directors at Christopher Columbus High School, St. John Neumann Catholic Preparatory School, South Florida Banking Institute, where he served as past President, The Cuban American Bar Association (CABA) Pro Bono section and the Sebastianstrong Foundation, which raises awareness and funds to help find a cure for Pediatric Cancer. He is also a past board member of the Miami Dade Chapter for Rebuilding Together, Amigos for Kids and a past member of the volunteer committee for Mercy Hospital. Mr. Martinez attended Christopher Columbus High School and then Nova Southeastern University where he received a Bachelor’s of Science in Business Management. As a key member of the Executive Management team at Professional Bank, Mr. Martinez shares responsibility for the daily management of the bank. In addition, he oversees the Marketing Division, Probate and Guardianship Department and Branch-Private Banking area along with an emphasis and focus on client and community relations.
Executive Vice President & Chief Financial Officer
Mary Usategui has fifteen years of banking experience, including over seven years’ experience within Professional Bank. She is responsible for the oversight of Finance, Accounting, Banking Operations and Human Resources. Prior to joining Professional Bank, Mary began her banking career with Coconut Grove Bank where she served in various roles leading her to the position of Senior Financial Officer. Mary is actively involved in the community assisting and mentoring inner-city youth as well as volunteering at multiple organizations including Everglades Angels Dog Rescue. In addition, she is a member of the AAA Scholarship Foundation’s Bank Advisory Board. Mary is a Certified Public Accountant in the State of Florida and holds two Master’s Degrees, one in Accounting from the University of Miami and the other in Finance from Florida International University. Additionally, she completed her Bachelor’s Degree in Business Administration from Florida International University.
J. Michael Woody Jr.
Executive Vice President & Palm Beach Market Leader
Michael Woody has over 13 years of experience in the financial services industry and is responsible for new business development focused on providing lending and depository products and services to companies and high net worth individuals in the Palm Beach market. Michael has dedicated his career to building relationships with families and business owners in the South Florida community. His extensive experience and depth of knowledge in developing and cultivating relationships, leading and managing teams, and new loan production are critical to Professional Bank’s strategic growth initiatives. He holds a Masters of International Business Administration from the University of South Carolina and a Bachelors of Arts from Sewanee, The University of the South. In addition, Michael is on the Advisory Board at St. Mark’s Episcopal School in Palm Beach Gardens as well as the Board of Directors of the Florida Atlantic University Finance Corporation in Boca Raton.