25 February 2017
Visit dh.com

BBVA creates digital banking unit

24 March 2014  |  12186 views  |  0 BBVA

Spain's Banco Bilbao Vizcaya Argentaria (BBVA) has established a digital banking unit in a bid to boost the development of its various technology-led businesses.

The new business area is charged with leading the bank's digital transformation around the world, running its multi-channel strategy and the design of operational and commercial processes.

It will also work on developing new business lines, overseeing internal developments such as the Wizzo app as well as the bank's startup investments made through its $100 million venture fund and Simple, the US firm it bought for $117 million last month.

The unit will be led by Carlos Torres Vila, who joined BBVA in 2008 as head of strategy and corporate development. He will report to COO Angel Cano.

Says Cano: "Customers are changing the way they relate to their banks and BBVA is anticipating this change. The new structure will allow us to respond better to today's customers and to those of tomorrow."

Jaime Saenz de Tejada will move to the strategy and finance unit where he will also take on the responsibilities of CFO Carlos Torres Vila who is becoming an advisor to the chairman's office.

Meanwhile, BBVA is also setting up a new division that includes South America and the global retail business lines, which will be led by Ignacio Deschamps.
KeywordsPEOPLE

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

BBVA buys Simple for $117m

BBVA buys Simple for $117m

20 February 2014  |  10432 views  |  1 comments | 11 tweets | 17 linkedin
BBVA taps Wincor Nixdorf for next-generation ATMs

BBVA taps Wincor Nixdorf for next-generation ATMs

15 January 2014  |  5179 views  |  0 comments | 6 tweets | 4 linkedin
BBVA invites international developer entries for 'Big Data Challenge'

BBVA invites international developer entries for 'Big Data Challenge'

13 November 2013  |  5190 views  |  0 comments | 7 tweets | 4 linkedin
SumUp secures BBVA investment ahead of South America push

SumUp secures BBVA investment ahead of South America push

09 July 2013  |  5627 views  |  0 comments | 2 tweets | 4 linkedin
BBVA sets up $100 million fintech venture fund

BBVA sets up $100 million fintech venture fund

25 January 2013  |  16658 views  |  1 comments | 12 tweets | 4 linkedin
BBVA ups its Game with Foursquare check-ins; Gartner plays down gamification hype

BBVA ups its Game with Foursquare check-ins; Gartner plays down gamification hype

28 November 2012  |  8293 views  |  0 comments | 17 tweets | 5 linkedin
BBVA launches banking innovation iPad mag

BBVA launches banking innovation iPad mag

25 September 2012  |  8190 views  |  0 comments
BBVA Compass unveils banking's Siri

BBVA Compass unveils banking's Siri

28 June 2012  |  10416 views  |  1 comments
BBVA banks on Google cloud

BBVA banks on Google cloud

11 January 2012  |  11586 views  |  0 comments
BBVA disloses EUR5.6bn technology investment

BBVA disloses EUR5.6bn technology investment

01 June 2007  |  6376 views  |  0 comments

Related company news

 
visit dh.com

Who is commenting?

Top topics

Most viewed Most shared
EBA to relax controversial PSD2 authentication rulesEBA to relax controversial PSD2 authentica...
12253 views comments | 51 tweets | 72 linkedin
RBS to become fintech fund and high street outlet for challenger banks under HMT remedyRBS to become fintech fund and high street...
8351 views comments | 40 tweets | 34 linkedin
High rate of defaults hit P2P lending sectorHigh rate of defaults hit P2P lending sect...
6656 views comments | 18 tweets | 13 linkedin
hands typing furiouslyDecoding the Policy Impact of India's Unio...
6555 views 0 | 13 tweets | 2 linkedin
BNY Mellon seeks blockchain experts for new emerging biz and tech teamBNY Mellon seeks blockchain experts for ne...
6453 views comments | 7 tweets | 4 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job