Josep Oliu celebrates Banc Sabadell headquarters return and economic normalization

The bank's chairman highlights civil society support against BBVA's takeover bid and introduces the new chief executive officer.

Image of an auditorium during an economic conference with a podium and seated audience.
IA

Image of an auditorium during an economic conference with a podium and seated audience.

Banc Sabadell chairman Josep Oliu attended the Economic Perspectives Forum in Sabadell this Wednesday to discuss the bank's future strategy following the failed BBVA takeover attempt.

The return of Banc Sabadell's registered office to Plaça Sant Roc in Sabadell marks, according to Josep Oliu, the end of an exceptional period. During his speech at the Chamber of Commerce, the banker highlighted the normalization of social and economic life in the country.

"The support of civil society was fundamental in not giving in."

Josep Oliu · Banc Sabadell Chairman
The entity is entering a new phase focused on the domestic market, following the sale of its British subsidiary TSB to Santander and leadership changes. Marc Armengol will take over as CEO, replacing César González-Bueno, to drive digitalization and profitability.
Regarding the global economy, Oliu expressed optimism despite geopolitical uncertainties and the impact of artificial intelligence. He noted that while Spain has seen persistent growth, caution is needed regarding technological volatility and international conflicts.
Finally, the chairman focused on the housing sector, criticizing excessive regulations. He called for policies that allow businesses to increase the supply of affordable housing to address current market imbalances.