Public Sector BOE Importance: 3/10

Dismissal of the President of the FROB, Álvaro López Barceló

30 Jul 2026 Effective: 29 Jul 2026 26 views
Who is affected:
Spanish financial and banking sector; regulatory bodies

Summary

The Government dismisses Álvaro López Barceló as President of the Banco de España Restructuring Fund (FROB). The dismissal was approved by the Council of Ministers on 28 July 2026.

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Royal Decree 660/2026 formalizes the dismissal of Álvaro López Barceló from the helm of the FROB, a key body in managing banking crises in Spain. The decision is based on articles 55.1 and 55.3.b) of Law 11/2015, which regulates the recovery and resolution of credit institutions. The dismissal was proposed by the First…

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Full official title

Real Decreto 660/2026, de 29 de julio, por el que se dispone el cese de don Álvaro López Barceló como Presidente del Fondo de Reestructuración Ordenada Bancaria (FROB).

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