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. He and his wife, Christina, are parents of two daughters, Mia, 9, and Emma, 6.
For more information on the awards visit: http://www.sandiegometro.com/2013/09/cover-story-40-under-40-awards-2013/
Peter Preuss, UC San Diego Foundation Board Chair
UC San Diego is an academic powerhouse and economic engine, recognized as one of the top ten public universities by US News & World Report and ranked number one in the nation for public service by the Washington Monthly. Today our impact and influences is known around the globe, but we must find ways to fund the excellence that is UC San Diego for generations to come.
Our new chancellor, Pradeep K. Khosla, understands the challenges that shrinking budgets have created to an already battered bottom line. But I am confident that with a visionary who recognizes the power of philanthropy at the helm, our future is bright.
The forty-two member Foundation Board of Trustees joins the chancellor in a greater focus on fundraising. With a total endowment of more than $380 million, the board is entrusted with raising and managing the investment of its charitable gifts. The trustees include prominent community members, university administrators, and faculty and alumni representatives – all aware that with the state’s decreased investment, the campus must raise additional private support to stay competitive.
I am so very proud to be the first alumni chair of the UC San Diego Foundation – not only because I am a graduate of this stellar institution, but also because I understand the integral role private support must play to sustain the excellence of our academic programs and excellence in research that impacts society, the environment, and human lives. The Foundation Board of Trustees now has the highest percentage of alumni ever serving as trustees, illustrating a deeper level of engagement of alumni with UC San Diego.
I also treasure the University of California system as an incredible gem and the best public higher education system in the world. I was honored to be an alumni regent during 1994–95 and an appointed regent from 1996–2008.
I look forward to working with my fellow trustees and Chancellor Khosla to raise support for the university and share what UC San Diego is doing for our community and the world.
UC San Diego Foundation