Bank leadership is undergoing a notable shift as the Banco Interamericano group controlled by Jaime Botín announces a pivotal change at the top. Maria Dolores Dancausa is set to take the role of non-executive chairwoman by the end of the year, with Pedro Guerrero stepping away from his director duties after having served since March 2007. The sequence of appointments places Dancausa at the helm initially in the non-executive chair capacity, while Gloria Ortiz is slated to become the bank’s new chief operating officer. Ortiz joined Bankinter in 2001 and has since held a succession of roles spanning investor relations, finance, and digital banking, culminating in her current position as general manager of commercial banking. The reshuffle emphasizes continuity and a smooth transition within a trusted leadership team. Bankinter’s board plans to formalize these changes at the next general assembly, signaling a strategic move to align governance with a more modern, customer-focused approach. The European Central Bank, acting as the supervisor of major euro area financial institutions, will review and approve these appointments through its Single Supervisory Mechanism. Given that both new appointees already serve in high-level roles within the bank, observers expect a seamless transition without internal competition for the same responsibilities, provided the ECB gives its go-ahead to the governance changes.
