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BBVA names new head of Spain; ING appoints head of market leaders


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BBVA names new head of Spain; ING appoints head of market leaders

S&P Global Market Intelligence presents a daily roundup of management and board changes at financial institutions in Europe. This feature excludes C-level leadership changes and previously reported stories.

Banco Bilbao Vizcaya Argentaria

Banco Bilbao Vizcaya Argentaria SA appointed Peio Belausteguigoitia head of BBVA Spain, replacing Cristina de Parias, who is leaving executive duties at the Spanish bank.

De Parias will join the board of the bank's subsidiary in Mexico after securing the necessary approvals.

Meanwhile, Gonzalo Rodríguez will replace Belausteguigoitia as head of business development in Spain, while Luís Simões will assume Rodríguez's role as head of retail customer solutions in the client solutions area.

ING Groep

ING Groep NV appointed Pinar Abay head of market leaders and member of its management board banking.

Abay, who is currently the bank's country manager in Turkey, will take up responsibilities for the company's operations in the Benelux region, comprised of Belgium, the Netherlands and Luxembourg.

Her appointment has been approved by the European Central Bank.

Additionally, the Dutch bank named Ruth McGill chief human resources officer, replacing Hein Knaapen who is leaving the company at the end of 2019.

McGill joined ING as a senior human resources director in 2015.

Both appointments are effective Jan. 1, 2020.


Sydbank A/S appointed Henning Dam deputy group CEO, effective July 1, 2020.

The appointment is part of the Danish lender’s plan to expand its group executive management.

Dam will be responsible for retail clients, private banking, regions and asset management.

He will be one of four members of the bank's executive board.

UniCredit Jelzálogbank

UniCredit SpA's Hungarian subsidiary UniCredit Jelzálogbank Zrt. named Soós Gábor member of its supervisory board, following approval by the central bank of Hungary.

Bank of Italy

The Superior Council of the Banca D'Italia SpA named Daniele Franco director general and Piero Cipollone his deputy, Corriere della Sera reported. Il Messaggero also covered this. Franco succeeds Fabio Panetta in the role.


Denmark-based KommuneKredit increased the number of its board of directors to 10 and elected Birgit Aagaard-Svendsen a new member of its board. She will serve on the board from June 2020.

Yael Schrage and Esben Svendsen contributed to this report.

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