FROB
Alvaro Lopez Barcelo currently serves as Presidente at FROB since February 2024. Previously, Alvaro held the position of Director General of the Treasury and Financial Policy at the Ministry of Economic Affairs and Digital Transformation from September 2020 to February 2024, alongside a role as Head of Funding and Debt Management at the Spanish Treasury. Alvaro's extensive experience includes serving on the Board of ENISA and as Head of Spain's Economic and Commercial Office in Morocco, where responsibilities included promoting Spain's economic interests and supporting Spanish businesses. Alvaro's earlier roles at the Ministry of Economic Affairs included leading strategic analysis and international financial system initiatives, as well as contributions to competition and economic regulation. Academic qualifications include degrees from Universidad Autónoma de Madrid, IESE Business School, and participation in workshops at Harvard University.
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FROB
FROB is the current National Executive Resolution Authority which, as such, forms part of the European Single Resolution Mechanism (known as the SRM), created within the Banking Union process. Its essential mission is to manage the execution of the resolution processes of credit institutions and/or investment firms undertaken in Spain. In addition, FROB also has other functions resulting from processes already undertaken in previous stages.