Spain opens search for general secretary and deputy directors
The Banco de España has launched an open selection process for a new general secretary and two deputy directors general. Applications close on September 21, 2026.
Overhauling the executive suite
The Banco de España has published expressions of interest to fill the vacant positions of general secretary and deputy director general of the General Secretariat.
The current general secretary, Francisco Javier Priego, is stepping down to a lower executive role after fifteen years in office.
Simultaneously, Jaime Herrero is leaving his post as deputy director general of services, intervention, and risk to advise the governor on transparency projects.
A separate expression of interest seeks leadership for the newly created deputy directorate general for data within the strategy, people, and data directorate.
An international panel of renowned experts will advise the governor throughout the selection process to ensure rigorous and independent appointments for all three key administrative roles.
A structural shift in central banking
The leadership changes mark a significant generational and structural shift within Spain's central bank administration.
Priego's departure after a decade and a half ends a long tenure at the helm of the General Secretariat during a period of profound institutional transformation.
Meanwhile, the creation of a dedicated data directorate reflects the institution's growing emphasis on digital transformation, advanced analytics, and data-driven policymaking.
The involvement of an external international advisory panel establishes a transparent benchmark for executive appointments within the European System of Central Banks.
A blueprint for meritocracy
The overhaul demonstrates a welcome commitment to institutional renewal at the highest level.
Relying on an international advisory panel reduces political interference risks significantly.
However, the success of these appointments will depend entirely on attracting top-tier global talent.