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BBVA to Propose Jordi Montalbo As Independent Board Member

BBVA’s Board of Directors is to propose to the Annual General Meeting the appointment of Jordi Montalbo Todolí as an independent board member. His academic background and professional credentials bring extensive knowledge of the financial sector, together with solid expertise in risk management and auditing.

Jordi Montalbo Todolí (Spain, 1965) spent most of his professional career at Deloitte (1990-2022), where he specialized in auditing for the financial and insurance sectors. During his tenure, he held senior leadership positions, including partner in charge of insurance in Spain, audit and insurance partner for financial services, and co-leader of insurance audit for Europe, Middle East and Africa (EMEA region). Montalbo holds a B.A. in Economics and Business Administration from Universidad de Barcelona, and received a technical specialization in insurance actuary from the same institution. He has also completed a number of training and executive development programs in Spain and internationally.

The appointment is subject to review by the European Central Bank regarding the fit and proper regulatory requirements to exercise the role of board member.

Jordi Montalbo Todolí - BBVA

BBVA will also propose the reelection of directors Sonia Dulá, Raúl Galamba, Ana Revenga and Carlos Salazar. Following 12 years as an independent board member, Lourdes Máiz will be leaving her position. The bank expresses its gratitude for her exceptional contribution to the Board during her term.