MADRID, 1 Jun. (EUROPA PRESS) –
The board of directors of Unicaja Banco has unanimously agreed today to remove Manuel Menéndez as CEO, a decision that will take effect when the appointment of the new CEO to replace him becomes effective, as reported by the entity to the National Market Commission of Securities (CNMV).
The bank has argued that its decision is intended to “advance in a more agile and efficient way” in the definition of its governance model.
The change will take place when the appointment as a director of the person designated to succeed him in said position becomes effective, at which time the resignation of Menéndez as a member of the board of directors will also be effective, which guarantees “the full functionality of the management of the entity until said appointment”.
The bank also reports that the process to select and appoint a new CEO has begun “immediately”.
The council has thanked Menéndez for his dedication and services rendered to the entity.
