Public Sector BOE Importance: 3/10

New President of FROB appointed, the public banking rescue agency

30 Jul 2026 Effective: 29 Jul 2026 60 views
Who is affected:
Financial sector, credit institutions and investment services companies supervised by FROB

Summary

Carla María Díaz Álvarez de Toledo is appointed President of FROB, the state fund that manages the restructuring of banks in crisis. The appointment was approved by the Council of Ministers on July 28, 2026.

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Royal Decree 662/2026 formalizes the appointment of Carla María Díaz Álvarez de Toledo as President of the Fondo de Reestructuración Ordenada Bancaria (FROB), under article 55.1 of Law 11/2015 on recovery and resolution of credit institutions. FROB is the key public agency in managing banking crises in Spain, with powe…

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Full official title

Real Decreto 662/2026, de 29 de julio, por el que se nombra Presidenta del Fondo de Reestructuración Ordenada Bancaria (FROB) a doña Carla María Díaz Álvarez de Toledo.

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