Did you know…… who makes decisions in the FGD?
We answer the most frequently asked questions from our users
Frequently asked questions (FAQs)We answer the most frequently asked questions from our users
Frequently asked questions (FAQs)
Composition of the Deposit Guarantee Fund of Credit Institutions Management Committee
(Drawn up in accordance with Royal Decree-Law 16/2011 of 14 October)
Bank of Spain
Financial institutions
Ministry
President
Dña. Margarita Delgado Tejero
Deputy Governor, Banco de España
Vice President
D. Carlos Cuerpo Caballero
Secretary of the Treasury and International Funds
Secretary
D. Francisco Javier Priego Pérez
Secretary General, Banco de España
Member
D. Pablo Arellano Pardo
General State Comptroller
Member
D. José Doncel Razola
Banco Santander, S.A.
Member
D. Xabier Egibar Gainza
Caja Laboral Popular, S. Coop. de Crédito (UNACC)
Member
D. Pello Xabier Belausteguigoitia Mateache
Banco Bilbao Vizcaya Argentaria, S.A. (AEB)
Member
D. José María Méndez Álvarez-Cedrón
Cecabank, S.A. (CECA)
Member
Dña. Mercedes Olano Librán
Director General of Supervision, Banco de España
Member
D. Ángel Estrada García
Director General for Financial Stability, Regulation and Resolution, Banco de España
Member
D. Isidro Fainé Casas
Spanish Confederation of Savings Banks (CECA)
Management Committee organisation chart
Learn more…
The FGD is governed and run by a Management Committee comprising 11 members, four appointed by the Banco de España (the Spanish central bank), one representative from the Ministry of Economic Affairs and Digital Transformation, one from the Ministry of Finance and Public Administration and five from the various associations representing the member credit institutions.
Banco de España representatives are appointed by the central bank’s Executive Committee. One such appointee is the Deputy Governor, who chairs the Management Committee.
The representative of the Ministry of Economic Affairs and Digital Transformation is the Secretary General of the Treasury and International Finance, who is the Vice President of the Management Committee and acts as President if that office is vacant or in the event of absence or illness of the President.
The representative of the Ministry of Finance and Civil Service is the General State Comptroller.
Meanwhile, the representatives of the member institutions are appointed as follows: three by the Spanish banking associations, one by the savings banks and one by the Spanish association of credit cooperatives, in accordance with applicable law and regulations.
Management team
- President: Margarita Delgado Tejero
- Director General: José Luis Ballesteros Corrales
- Chief Financial Officer and Chief Administrative Officer: Francisco de Fernando Sousa
- Head of International Affairs and Regulatory Policy: José María Fernández Real
- Legal Director: Ana Lillo Cervantes
Management team organisation chart
