• Malaga Unicaja Banco rejects "political interference" and denies that its headquarters will leave Malaga

  • Economy The lowest hours of the most powerful banker in Andalusia

The president of the Unicaja Foundation,

Braulio Medel

, announced this Thursday in a letter, to which

Europa Press

has had access , that he will

resign

from the Presidency of the entity in "a short period of time that allows, with the mind only in the interest of the Banking Foundation, an orderly transition".

The manager thus advances his departure from the Presidency of the Foundation, which was scheduled for

autumn

, when his term expired.

Medel has attributed his decision to several reasons: the report sent from the Protectorate of Banking Foundations, dependent on the Ministry of Economic Affairs and Digital Transformation, which questioned his suitability for the position, "the existence of endless

external pressures

and persistent campaigns hostile media" and the "imperative attention" to other duties of a personal and family nature.

"Although, like anyone who looks at its operation and trajectory objectively, I have not the slightest doubt about the correct governance of the Banking Foundation", he assured in the letter.

In this text, he also thanked those who "contributed to the crystallization, growth and consolidation of Unicaja, as well as the important role played by it in the development and strengthening of the Spanish financial system".

Medel has stressed that, in his opinion, the pressures received "have placed most

employers

in an

uncomfortable personal situation

, often difficult and deeply unjustified."

"A situation that has been the consequence of being

independent

and consistent with a project whose foundations, of which they are the custodians, coincide with those behind Unicaja's trajectory and which have allowed it to become, in its double financial and social projection, a the only Andalusian bank, in the fifth Spanish bank and in the first Andalusian social foundation of a private nature", he added.

At the beginning of the letter, he recalled his support for the approval of a governance report for the entity for reasons of transparency and "collaboration with the institution that exercises the Protectorate over the Banking Foundation".

The financial entity issued a statement last week rejecting

"political interference"

and denying a possible change of headquarters and departure from Malaga in the face of doubts expressed about Medel's management by some employers and other third parties such as the Government itself.

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