The Bank of Spain recruits a Fed executive, and Mango signs the former H&M leader.

BarcelonaStar additions to the Bank of Spain and Mango. Although the Spanish banking regulator was left without a director of economics, a key figure for its operation, less than two months later the entity has filled the vacancy with a high-profile signing: an executive from the United States Federal Reserve (Fed). This is David López Salido, who returns to Spain after almost two decades at the Fed. Another high-profile signing during the week was Helena Helmersson, former CEO of H&M, who will now be an independent member of the board of directors of the fashion company Mango.

A Federal Reserve executive will be the new director general of economics at the Bank of Spain.

David López Salido will be the new director general of economics at the Bank of Spain, replacing Ángel Gavilán, as agreed last Monday by the executive committee of the Spanish banking regulator. He is the monetary affairs division of the Federal Reserve, where he has held various positions since joining the board as an economist in 2006.

Gavilán's departure was not without controversy, as it arose when the latest annual report failed to address the pension reform promoted by José Luis García.

Helena Helmersson, new independent member of Mango's board of directors

Mango has appointed Helena Helmersson as a new independent member of the company's board of directors. With this move, the fashion brand seeks to align itself with international best practices and strengthen its professional management model.

Helmersson has more than twenty years of international experience in the fashion industry. She held leadership roles within the H&M group, serving as CEO from 2020 to 2024, heading the areas of sustainability, production, and global operations.

Jordi Urbea, new CEO of Ogilvy Spain

Jordi Urbea, the current CEO of Ogilvy Barcelona, has been appointed the new CEO of Ogilvy Spain following the announcement of the departure of Marta Gutiérrez, CEO of Ogilvy Madrid and Vice President of Ogilvy Spain, who will leave the company on August 31.

According to the communications agency, founded in 1948, this new phase represents an opportunity to continue building a more integrated, collaborative, and ambitious agency, with a shared vision between the Madrid and Barcelona offices and the desire to accelerate growth in Spain across all areas.

Redeia appoints Antonio Gómez as the new coordinating director and Natalia Fabra as president of the sustainability committee.

The board of directors of Redeia, the parent company of Red Eléctrica de España and 20% controlled by the State through SEPI, agreed this week to appoint Antonio Gómez Ciria as the new independent lead director and Natalia Fabra as the new chair of the sustainability committee.

Gómez, who replaces Marcos Vaquer, has been appointed to the position for a three-year term provided for in the board regulations, while Fabra, who was appointed an independent director of Redeia, will serve as chair of the sustainability committee for a four-year term.

Laura López Demarbre, new CEO of the Mutua Propietarios Group

The Board of Directors of the Mutua Propietarios Group has appointed Laura López as its new General Manager. The company is responsible for managing mergers, acquisitions, and integration plans, as well as promoting customer focus and digital growth.