Today CaixaBank monopolizes all the spotlights of the day. José Ignacio Goirigolzarri, president of the entity, will take advantage of the board of directors held this Wednesday by the bank to present his voluntary resignation from the position, as confirmed elEconomista.es from sources close to the historic manager, who assure that “he has already met his objectives.”
The change at the top of the leading Spanish bank would not have to have immediate effects and could materialize later; it is possible that the name of his replacement will be known today. CaixaBank now has a single vice president, Tomas Muniesaa long-standing director of La Caixa, which is the bank’s first shareholder, with 31.7%, through Criteria Caixa, while the second shareholder is the FROB with 18%.
Recently, the European Central Bank (ECB) published a draft on the governance of the entities under its supervision in which it gave new impetus to the model of strict separation of bank presidents from executive functions, to focus them exclusively on those of guardianship. the management teams. This model of executive presidencies is unique to Spain in the eurozone, since the three large banks, Santander, BBVA and CaixaBank, share the characteristic that their presidents maintain functions of this type.
Along these lines, a few days ago the CEO of Criteria, Angel Simonassured regarding the ECB’s doctrine on the functions of bank presidents that “we are in line with what the ECB advocates. Therefore, as a shareholder of CaixaBank, we will follow the same line as the ECB.” Goirigolzarri became president of CaixaBank after the absorption of Bankia by the Catalan entity. When the integration of both entities was agreed in 2020, it was agreed that the former president of Bankia would be responsible for the areas of board secretariat, external communication, institutional relations and internal audit.
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