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CaixaBank's new Payments & Consumer unit names board

CaixaBank SA named 15 board members for its newly formed unit, CaixaBank Payments & Consumer.

Out of 15, seven members will be independent directors.

The unit, which was formed as a result of the merger of the bank's payment and consumer finance subsidiaries, will be led by CEO Juan Gandarias.

CaixaBank merged the units to allow it to better meet environmental goals and accelerate technological capabilities.