9 April 2025

Ainhoa Jáuregui, future CEO

The Board of Directors of Cecabank, meeting today, has decided that the future CEO of Cecabank will be Ainhoa Jáuregui, currently Corporate Director of Planning

The process to assess her suitability is now underway. The final decision will have to be taken by the General Meeting, after verification of her suitability by the Bank of Spain

MADRID, 9 APRIL 2025.- The Board of Directors of Cecabank, meeting today, has decided to nominate Ainhoa Jáuregui as the new Chief Executive Officer of the bank. She will replace José María Méndez Álvarez-Cedrón, who has headed the bank since its creation in November 2012.

The Board has valued Jáuregui's almost thirty years of experience at the bank, as well as her in-depth knowledge of the financial sector, leadership skills and strategic vision.

Jáuregui holds a degree in Economics and Business Studies from Universidad Comercial de Deusto. She joined CECA in 1995, where she has worked for many years in the field of financial reporting and strategic planning. She joined the Steering Committee in 2012, heading the Planning Division. In this position, she is responsible for the preparation and analysis of financial information, being the main liaison with the supervisory authorities, especially the Bank of Spain and the FROB (Fund for Orderly Bank Restructuring). She has also spearheaded the drafting of the current 2025-2027 Strategic Plan.

Following the decision, Jáuregui assured that she 'takes on this new responsibility with great excitement and determination, with the goal of continuing the excellent work undertaken over the more than ten years of Cecabank's history, and to accompany our customers, as we have always done, in addressing the challenges and opportunities that the coming years will throw at us'.

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