People: Caruana nominated for Spanish commercial bank’s board

Jaime Caruana
Jaime Caruana
Daniel Hinge

Madrid: Jaime Caruana, the former general manager of the Bank for International Settlements and ex-governor of Spain’s central bank, has been nominated for a place on the board of directors of Spanish commercial bank BBVA.

An announcement by Spain’s national stock market commission says the BBVA board would consider his nomination at a shareholders’ meeting due to be held on March 15 and 16.

The role would be Caruana’s first commercial post since he left the Bank for International Settlements

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