Marc Armengol Appointed New CEO of Banc Sabadell, Focusing on Technology

The general shareholders' meeting ratifies Armengol's appointment, who pledges to prioritize innovation and proximity amidst the sector's transformation.

Generic image of a leadership change in a company.
IA

Generic image of a leadership change in a company.

The general shareholders' meeting of Banc Sabadell has confirmed Marc Armengol as the new CEO, who has highlighted the importance of technology to drive the entity's growth.

In his inaugural speech, Armengol stated that the institution is at a crucial juncture for a new leap forward, with technology as its central pillar. He expressed his intention to position the bank as a client-centric entity, despite not being the largest in the sector.
This 2026 shareholders' meeting was marked by the farewell of César González-Bueno, who stepped down after five years at the helm. The bank's chairman, Josep Oliu, acknowledged the "profound transformation" led by González-Bueno, emphasizing the revaluation of shares and their "upward potential."

"We may not be the biggest, but we will be the closest."

Marc Armengol · CEO of Banc Sabadell
The general shareholders' meeting was once again held at Fira de Sabadell, following the bank's return of its headquarters to Catalonia the previous year. This was the first meeting since the failure of BBVA's takeover bid, with approximately 500 shareholders attending in person.
Armengol, who has been with Banc Sabadell since 2002, has led various areas including technology, operations, and strategy. Until recently, he served as the CEO of TSB, the British subsidiary that was sold.

"The financial sector has been undergoing a profound transformation for years, which, far from stopping, is in a clear phase of acceleration."

Marc Armengol · CEO of Banc Sabadell