Ernesto Arredondo is area president of Wells Fargo’s San Diego Community Bank. He is responsible for $4 billion in deposits, oversees a successful team of more than 600 employees and 41 banking locations. He works by the principal of “Inspect what you expect.” Employees will do what you “inspect” not what you “expect.” He is a member of the board of the San Diego Regional Chamber of Commerce and Father Joe’s Villages. He is also a foundation trustee for UCSD.
For the past two years, Arredondo and 20 of his Wells Fargo managers have taught financial education to 500 students at local public schools in partnership with Junior Achievement of San Diego. He has served as a judge and advocate for the San Diego Youth Entrepreneurship Program. It is a free program that is designed for high school seniors to learn how to turn their interest and hobbies into profitable business ventures. Arredondo and his Wells Fargo team also partner with the Mexican Consulate to provide financial education to approximately 300 people per month. The program, called “Ventana Financiiara,” provides important information about how to use credit responsibly and how to manage spending and learn the basics of banking services.