Carlos Torres Vila

Carlos Torres Vila has served as Executive Chairman of BBVA, Spain's second-largest bank and one of the leading banks in Latin America. He built on BBVA's digital banking investments to make it one of the most technologically advanced major banks globally. BBVA has been praised for its mobile banking capabilities and has sold several non-core businesses including its US subsidiary to concentrate on high-growth markets in Spain, Mexico, Turkey, and Latin America. In 2024, BBVA launched a hostile takeover bid for Banco Sabadell — a rare hostile acquisition attempt in European banking — representing a bold strategy to consolidate in the Spanish market. Torres Vila has also prioritized ESG commitments, pledging hundreds of billions in sustainable finance, and has overseen BBVA's significant expansion in digital customer acquisition across its Latin American franchise.