Juan Flames will assume the role of Head BME Exchanges and CEO BME at SIX on 15th November 2024. He will represent the company’s business in Spain and report directly to Bjørn Sibbern, the Global Head Exchanges and member of the SIX Executive Board.
“I am delighted to welcome Flames. He brings extensive experience and knowledge of the securities markets in Spain, along with an international market profile that will support the growth and innovation efforts we have been implementing since 2020,” said Jos Dijsselhof, Chairman BME and CEO SIX.
Barclays Veteran Leads BME
Flames was Vice Chairman of Capital Markets at Barclays Bank Europe in Madrid. In this role, he oversaw interest rate and foreign exchange derivatives for corporate and public sector clients and was part of the Capital Market EMEA leadership team.
Before taking up this position, Flames spent 14 years at Barclays Bank, holding various roles in both the UK and Spain, with a focus on Capital Markets and Investment Banking.
Earlier, David Brupbacher was appointed Head of IT and a Member of the Executive Board at SIX, effective July 1, 2024 as reported by Finance Magnates.
Flames' Background in Finance
His earlier career includes over a decade at Goldman Sachs in London. He has a dual degree in Law and Business Administration from ICADE (E-3) in Madrid.
Javier Hernani, who has represented SIX and BME in Spain, will now concentrate on his work in the Securities Services unit at SIX. This unit is a key contributor to the company’s revenue and operates in a competitive environment.
Hernani will continue to lead the Securities Services business as a member of the SIX Executive Board and will remain on the BME Board of Directors.
"I would also like to thank Javier Hernani for his outstanding leadership at BME and look forward to continuing our collaboration,” added Dijsselhof, Chairman BME and CEO SIX.
