BBVA's remodeling ousts the last managers tainted by the Villarejo case
Paul G. Tobin and Juan Asúa, who were defendants, and María Jesús Arribas and Domingo Armengol, who testified as witnesses, are leaving the management committee.
BBVA has undertaken a profound revolution of its top team this week, with the departure of eight executives. The move includes the dismissal of the last four executives who over the years have been implicated in investigations into the entity in relation to the Villarejo case, although none of them are currently accused in the proceedings.
They are Paul G. Tobin, Juan Asúa, María Jesús Arribas and Domingo Armengol. The bank made it clear that the eight executives dismissed will remain at the bank, although not in executive functions. Three weeks ago, the judge at the National Court decided to put the bank on trial as a legal entity for the commissions to Commissioner Villarejo.
Translated by urgent.news. Machine-written — may contain errors; check the original before relying on it.
