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Unicaja hires Spencer Stuart to find Seville's successor

The bank has asked the headhunting firm to search the market for managers that match the requirements of the position of president. They will maintain the independent presidency, as so far with José Sevilla.

Translated from Spanish Read in Spanish

Unicaja has hired headhunter firm Spencer Stuart to find a new president, following José Sevilla's decision not to be reappointed. The bank will maintain an independent president, and the new appointee is expected to have banking experience and prestige. The search is at an early stage, with Spencer Stuart tasked with finding suitable candidates, and the Commission de Nombramientos, led by María Luisa Arjonilla, will ultimately present a shortlist of three candidates.

The process is expected to take two or three months, allowing for approval from the BCE before the annual meeting in April. José Sevilla will continue in his role until then, and will receive €318,270 for his services this year.

Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

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