Javier Torres Riesco

Chairman, SAREB

^{Javier is a trained economist and a financial and banking expert who combines in-depth technical knowledge in the field of risk management, treasury and capital markets, banking resolution and crisis management with unique practical hands-on experience in senior management positions in both the private and public sectors. As Director of Resolution and Strategy at FROB, the Spanish Resolution Authority, he played a leading role in the resolution of Banco Popular in 2017, the first resolution case under the Banking Union’s new legal framework. In his 30 year career in a Spanish G-SIB, he has held senior positions in global risk management roles and headed a variety of business units ranging from structured finance to private equity and capital markets. This included the development in 1991 of an SCF service which became known as confirming and has since become very popular in the Spanish market. After serving as a non-executive director on SAREB’s board for 18 months, he was appointed as Chairman in April 2022.}