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Carlos Torres Vila 26 Sep 2018

Francisco González: "Carlos is a great leader"

The Board of Directors of BBVA has made an important decision, the designation of Carlos Torres Vila, our current chief executive officer, as the next chairman of BBVA.

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Carlos Torres Vila

BBVA designates Carlos Torres Vila as its next chairman

The Board of Directors of BBVA approved the succession plan for the company’s chairman. The plan establishes that CEO Carlos Torres Vila is to replace Francisco González as group executive chairman when he leaves his post, which is expected to take place on Dec. 31st, 2018. The succession ensures the continuity of the transformation process which has placed BBVA at the forefront of the global financial industry.

The decision ensures an orderly transition in accordance with the corporate governance principles of BBVA. Carlos is a great leader and he will continue with BBVA’s strategy and will ensure that the great project of BBVA continues to advance with the help of the more than 130,000 people working at the Group.

I am very glad because the Board has selected Carlos as the next chairman of BBVA.

We know him very well and I have no doubt that he will take BBVA to new heights of success and of leadership at a global level.