Muniesa takes over from Goirigolzarri as president of Caixabank after the closing of the strategic plan

CaixaBank opens a new stage after the digestion of the Bankia purchase. As reported by the bank to the National Securities Market Commission (CNMV), Tomás Muniesa will become the new non-executive president of the group, replacing Ignacio Goirigolzarriwho this Wednesday presented his resignation to the board of directors after 12 years in the front row of the Spanish financial sector. The change will be effective from January 1, 2025 and will affect the current governance structure of the bank, since Muniesa, current vice president, will not have executive powers.

With the replacement, Caixabank recovers the structure prior to the integration of Bankia, since Jordi Gual, who was replaced by Goirigolzarri, was an institutional president. The step taken by Goirigolzarri comes after the bankeralso former BBVA, has closed a life cycle. He had been in positions of maximum responsibility for twelve consecutive years -8 with Bankia and another 4 with Caixabank-. The decision to leave the presidency It has occurred at the request of the executive himself and after having turned 70 years old. He could have continued – he had to renew his position at the next shareholders meeting – but he has chosen to bring it forward coinciding with the closing of the current strategic plan.

“After having completed the largest integration process of the sector in Spain, the bank is in an excellent moment and I am sure that it will have great success in the future. And, at this moment in which CaixaBank begins a new stage, I am ending a cycle that began with my joining Bankia in 2012”says Goirigolzarri in a statement published by the bank.

“The Board of Directors of CaixaBank has assessed the management carried out by José Ignacio Goirigolzarri as “enormously positive”, and has highlighted his “fundamental contribution to the exemplary and successful integration process of Bankia”. For its part, Gonzalo Gortázar, CEO of CaixaBank, has thanked “the great commitment and dedication of José Ignacio” and has highlighted “the enormous professional and personal complicity that they have maintained during these years,” says the leading Spanish bank in a statement. The relief, furthermore, It comes a day before the bank presents its quarterly results and also the presentation of a new strategic plan, scheduled for November 19.

Tomás Muniesa, a man of the house

Tomás Muniesa, until now vice president of CaixaBank, is an executive strongly linked to the group. He was appointed vice president in April 2018, but joined the bank in 1976. Throughout this period “he has assumed different responsibilities with great knowledge of the operation and culture of the bank, such as the direction of Human Resources, capital markets or the management of ALCO”, points out Caixabank, which also highlights “his management of the insurance group as executive vice president and CEO of VidaCaixa from 1997 to November 2018”, he adds.

He has a degree in Business Sciences and a Master’s degree in Business Management from ESADE. He currently holds the positions of vice president of CaixaBank, VidaCaixa and SegurCaixa Adeslas. He is also a member of the Board of Trustees of the ESADE Foundation and a director of Allianz Portugal.