The president of the Company for the Management of Assets Arising from Bank Restructuring (Sareb),
Jaime Echegoyen, will
resign from his position for personal reasons, as he communicated to the board of directors.
His departure comes after seven years in the position and he will be replaced by
Javier García del Río
, current CEO
The members of Sareb's board of directors have unanimously thanked "the dedication, commitment and honesty" with which Echegoyen has carried out its work during these years, which "has allowed the company to advance in its mandate in a responsible manner. , contributing to the reactivation of the real estate sector and contributing a part of its portfolio for social initiatives ", according to Europa Press.
In addition, they highlighted that their task entailed "great challenges, demanding demands and intense work, which they have carried out with enormous dedication and commitment, which has resulted in great achievements and satisfactions, allowing Sareb to play a crucial role in regaining confidence. after the crisis ".
Sareb recorded
losses of 1,073 million euros
in 2020
, 13.3% more than the 947 million a year ago, as reported by the company at the end of March.
The company assured at that time that the losses were in line with the forecasts it made before the pandemic and take place in a year of economic slowdown in which its sales strategy has been marked by prudence to avoid the significant discounts required by the market.
Echegoyen came to the 'bad bank' - whose unofficial name comes from the fact that it was created to take on the toxic assets of the 2012 bank bailout - in 2014, then as CEO;
his passage to the presidency came a year later.
He had previously worked at Bankinter and Barclays.
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