Mr. Juan Manuel Urgoiti López de Ocaña (DOB: 16-11-1939; POB: Madrid)
He has been an independent director since January 1993. He is a graduate in Law from the University of Madrid, beginning his career in the Banco de Vizcaya in 1962. After holding different executive positions, he was appointed General Manager in 1978, Director General Manager in 1984 and CEO in 1986. In 1988, after its merger with the Banco Bilbao he was appointed CEO of the Banco Bilbao Vizcaya. He has been President of Ahorrobank, Banco de Crédito Canario, Banco Occidental, Instituto de Biología y Sueroterapia and Laboratorios Delagrange and Board member of Antibióticos, S.A. At the present time he is the Chairman of the Banco Gallego,Deputy Chairman of Acciona, S.A. He is President of the foundation Gaiás-Cidade da Cultura and José Antonio de Castro and is a trustee in other foundations and institutions. He has been awarded the honour of Gran Cruz de Mérito Civil as well as that of Commander of the Order of the British Empire
He was appointed Director on 2 January 1993 and re-elected during the AGM held on 31 July 1998, 20 July 2000 and 15 July 2005.
He owns 27,739 shares in the company.