Carlos Torres Vila (banker)
Carlos Torres Vila | |
|---|---|
| Born | February 24, 1966 Salamanca, Spain |
| Occupation | Banking executive |
| Known for | Chairman of Banco Bilbao Vizcaya Argentaria (BBVA) |
Carlos Torres Vila (born 24 February 1966 in Salamanca) is a prominent Spanish banking executive who has served as chairman of Banco Bilbao Vizcaya Argentaria (BBVA) since 1 January 2019, following the tenure of Francisco González.
Education
Torres Vila earned a bachelor's degree in electrical engineering and business from the Massachusetts Institute of Technology, complemented by an MBA from MIT's Sloan School of Management, along with a law degree from UNED.
Career
Beginning his professional journey at consulting firm McKinsey & Company, Torres Vila advanced to partner status by 1997. Subsequently, he joined Endesa, where he held the position of director of strategy and corporate development, later ascending to CFO and becoming part of the steering committee.
In September 2008, he entered BBVA as director of corporate strategy and development, also joining the management committee. By March 2014, he was appointed digital banking director, and in May 2015, he succeeded Ángel Cano as president and COO to expedite BBVA’s transformation efforts.
His appointment as chairman occurred on 29 November 2018, with his term commencing in January 2019. Under his guidance, BBVA has pursued strategic growth and digital innovation. In 2025, Torres Vila spearheaded a takeover attempt of Banco de Sabadell, which is subject to approval by Spanish regulatory authorities. During his leadership, BBVA introduced cryptocurrency trading and custody solutions for retail customers in Spain aligned with the EU’s Markets in Crypto-Assets Regulation (MiCA), while also advancing blockchain technology integration within banking processes.
In 2024, his total compensation as BBVA chairman reached €7.93 million, reflecting a 3.89% rise compared to the prior year.
Corporate boards
- Member of the Board of Directors, Banco Bilbao Vizcaya Argentaria
- Member of the Board of Directors, Garanti BBVA
Non-profit organizations
- Board of Trustees Member, Endeavor España
- Chairman of the Board, Fundación BBVA
- Board Member, Institute of International Finance
- Participant, European Financial Services Roundtable (EFR)
- Trustee, Elcano Royal Institute
- Board Member, Fundación de Ayuda contra la Drogadicción