David H. Chafey Jr. is a business executive and the current chairman of the board of the Puerto Rico Government Development Bank.
He was appointed CFO in 1990, in charge of the Financial Management Group, senior executive vice president in charge of Retail Banking Group in 1995, and president of Banco Popular de Puerto Rico in 2004.
In 2009, he was appointed president and chief operating officer of Popular, Inc.[citation needed] serving in such capacity until 2010.
He currently serves on the Board of Directors of Triple S Management, Indulac and the Puerto Rico Dairy Industry Development Fund, and is chairman of the board for the Puerto Rico Open a PGA Tour tournament.
He also served in the Board of Directors of family corporations in the Dominican Republic and México.