It is rare, even unique, for a bank’s global head of sustainability to simultaneously act as its head of corporate and investment banking (CIB). In an interview with Euromoney, BBVA’s Javier Rodríguez Soler explains why it makes sense.
Sustainable finance is the prime area in which the firm is seeking to compete in CIB, especially outside Spain and Latin America, where it owns retail banks. That marks out the firm from some of its European peers, including Banco Santander, which are competing in a broader range of business in the US, for example.
But Soler’s viewpoint, as the twin head of sustainability and CIB as of last year, will be of interest for bankers at other European and global banks – as they, too, focus ever more on helping corporate clients on the route to net zero.
BBVA launched a takeover bid for Spanish lender Banco Sabadell earlier this year, with the stated...
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