Banco Sabadell appoints César González-Bueno as CEO

By Megha Bhattacharya

Banco Sabadell has announced the appointment of César González-Bueno as the new Chief Executive Officer. He will be replacing Jaime Guardiola, who will remain in his post until the bank obtains the regulatory approvals required for the appointment. The new CEO will be responsible for taking part in the design and implementation of a new Strategic Plan for the bank. Guardiola, post his retirement as CEO, will remain part of the bank as the Chairman of Banco Sabadell México.

Josep Oliu, Chairman of Banco Sabadell, commented, “César’s extensive experience, as well as his proven track record of leading the strategic transformation in innovation, digitalization, and restructuring make him the ideal candidate. In this new phase, the bank is focused on accelerating its digital strategy, as well as strengthening its domestic franchise in its leading markets. I am certain that César will play a key part in furthering the Group’s digital offer.

“Since he joined Banco Sabadell in 2007, Jaime Guardiola has played a fundamental role in the bank’s growth and consolidation, making Sabadell one of the best franchises in Spain. Without his work, dedication, and vision, it would be impossible for us to tackle this new stage for the bank.”

César González-Bueno brings around 23 years of experience in senior banking positions. He founded ING Direct Spain and was the CEO of ING in Spain and Portugal. He was also a member of ING’s Global Board of Directors while he led the bank’s European operations. González-Bueno also oversaw the creation and sale of EVO, as well as the reflotation of Novagalicia Banco before its eventual sale to Abanca. He has been involved with Banco Sabadell since March 2020 as director of TSB.

César González-Bueno added, “It is a great honour to be asked to lead Banco Sabadell, one of Spain’s most respected institutions. The bank has a first-class franchise and a client base that will enable it to grow and to successfully tackle the challenges of future. Banco Sabadell is already adapting its business model and will be highly competitive in a rapidly changing environment. I am looking forward to working with the team to lead this process and, together, to unlock potential future value for our shareholders.”

Jaime Guardiola stated, “Driving the bank’s growth and working with such a committed team over these last thirteen years has been an outstanding experience, but the show must go on. César, whom I have known for years, is a proven and successful professional. He has my full backing now and in the future.”