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Carlos Egea resigns his executive functions at Bankia after successfully completing the BMN integration process

Egea will continue to form part of the Board of Directors of Bankia with "total willingness, commitment and enthusiasm".
 

Communication Bankia

By  Communication Bankia

Publish on 
27 March 2019 - 09:30

  • Egea has informed the Board that it is time for his contribution to the project to come from a non-executive stance
  • Since joining Bankia in early 2018, his dedication has been to “provide direct support to all the demands and requirements that have been raised in relation to the integration process”

Carlos Egea resigns his executive functions at Bankia after “successfully completing” the BMN integration process. “I have dedicated my time and effort to contribute to the success of this integration process between Bankia and BMN”, said Egea, who added that once the operation is over “it will be time for my contribution to the project to come from a non-executive position”.

Egea has expressed to the Board that, since joining Bankia in early 2018, his dedication has been in the form of “direct support to all the demands and requirements that have arisen in relation to the integration process”, a merger “achieved in record time that has meant an evident improvement in the quantity and quality of the services provided to our customers”.

For Egea, “obtaining synergies and economies of scale, a dimension more suited to market demands and a more balanced regional presence are some of the positive consequences of this integration, which mark the present and future of Bankia”.

Carlos Egea continues to be a member of the Board of Directors of Bankia. In this regard, has ratified his “total willingness, commitment and enthusiasm to continue complying with the obligations inherent to a director”.

Egea's profile

Egea “personally” thanked the chairman of Bankia, as well as the members of the Board and the governing bodies, for the “support and help” provided.

Born in 1947, he is an Industrial Engineer from the School of Industrial Engineering of Madrid and holds a PhD in Economic and Business Sciences from the Autonomous University of Madrid.

He was vice chairman of Ahorro Corporación, member of the board of directors of Caser, Enagás and Iberdrola Renovables, and Secretary of the Board of Directors of the Spanish Confederation of Savings Banks (CECA).

He began his career in the industrial sector, and from there he switched to the financial sector through Banco Atlántico. In 1976 he joined the Caja de Ahorros de Murcia, and in 1983 was appointed managing director of this institution. In 2008, he was appointed chairman of the same. Since 2010 and until its merger with Bankia, he has been chairman of the board of directors of BMN.

Since June 2008, he has been chairman of the Caja Murcia Foundation, where he had previously been vice president since its creation in 2001.

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