Spain’s Banco Sabadell Names Cesar Gonzalez-Bueno as CEO
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Banco de Sabadell SA’s board appointed Cesar Gonzalez-Bueno chief executive officer as the Spanish lender considers its strategic options after short-lived talks on a combination with larger rival Banco Bilbao Vizcaya Argentaria SA.
Gonzalez-Bueno will replace Jaime Guardiola as soon as regulatory authorizations have been obtained, Sabadell said in a statement Thursday. Bloomberg News had reported on Wednesday that the Alicante-based bank was close to naming Gonzalez-Bueno as its next chief.