Manuel Muñoz replaces Fernández de Lis as head of BBVA's Regulation department
This is a hiring from the Bank of England to a key area in any financial institution due to the density and complexity of the regulations affecting the sector. Santiago Fernández de Luis, a veteran of BBVA, is retiring.
Santiago Fernández de Lis, BBVA's global head of regulation, is retiring after 15 years at the bank. He will be replaced by Manuel Muñoz, a 39-year-old economist who previously worked at the Bank of England as a senior manager in the Executive Direction of Innovation in Payments and Fintech. Muñoz has experience working on the digital pound project and advising at the Bank for International Settlements.
Fernández de Lis had previously held senior positions at the Bank of Spain, including head of the Monetary and Financial Studies Division and director of the International Department.
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