Jose Ignacio Goirigolzarri plans to present this Wednesday to Board of Directors of CaixaBanque his voluntary resignation from the presidency of the bank, according to the newspaper The avant-garde. CaixaBank sources consulted by EFE refused to comment on this information, although they confirmed today’s meeting of its Council.
The newspaper’s information assures that even if the change of management of the first Spanish bank This should not have immediate effects and could materialize later, it is possible that today the name of his replacement. CaixaBank now has a single vice-president, Tomas Muniésahistorical director of La Caixawhich is the bank’s largest shareholder, with 31.7%, through Criteria Caixa, while the second shareholder is FROB with 18%.
Recently, the European Central Bank (ECB) published a project on the governance of the entities placed under its supervision in which gave new impetus to the model strict separation of bank presidents from executive functions, to concentrate them exclusively on those of supervision of the management teams.
This model of executive presidencies is unique in Spain in the Eurozone, since the three big banks, Santander, BBVA and CaixaBank, share the characteristic that their presidents maintain functions of this type. In this sense, a few days ago, the CEO of Criteria, Ángel Simón, assured regarding the ECB doctrine on the functions of bank presidents that “we are in line with what the ECB recommends.
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 the two 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.
