The arrival of José Luis Escrivá as governor of the Bank of Spain is beginning to produce its effects in terms of appointments. The Council of Ministers is expected to announce the election of Soledad Núñez as vice-governor of the supervisor, replacing Margarita Delgado, whose six-year term ends today. The process of appointment and new organization of the Bank begins under the leadership of Escrivá with a professional who has worked for the Bank of Spain at different stages, although she does so without the consensus of the PP.
The election of the new governor was based on Núñez’s experience in the financial sector, both public and private. She has known the Spanish central bank since the late 1980s, when she began her career as an economist. From the Bank of Spain, she joined the fixed income department of Lehman Brothers in London to return to the Bank of Spain as chief economist.
He also worked for the Bank of England before becoming a senior civil servant in the government of José Luis Rodriguez Zapateroas Director General for Economic Policy in the President’s Economic Office. Was Director General of the Treasury (2005-2011) under the socialist government.
Between 2012 and 2015, she advised the CNMV and held, among other positions, the position of Vice-President of the Financial Services Committee of the European Union (EU). Between 2014 and 2015, she held the positions of Independent Director of the Banco de Madrid and Chair of the Risk Committee of that entity.
During the last decade and since 2018, she has been a member of the Governing Council and the Executive Committee of the Bank of Spain, a house where she returned as Senior Advisor to the General Directorate for Financial Stability, Regulation and Resolution for nine years. ago.
According to ‘El Confidencial’, Minister Escriva will create a new General Management which will deal with European relations and communication. According to the media, it will have a transversal character within the bank and was approved on Monday by the bodies of the entity without the unanimity of its members. It will be headed by Paloma Marín, a lawyer with long experience in the entity, and will have a deputy director for Inés Calderón, who was DirCom of Escrivá during his term as minister.
