Corporate Governance System

BBVA has a Corporate Governance system that is aligned with international recommendations and trends. It is adapted to its business environment and to the most advanced practices in the markets in which BBVA operates.

The principles and elements comprising the Bank’s Corporate Governance system are set forth in its Board Regulations, which govern internal procedures and the operation of the Board and its Committees, as well as directors’ rights and duties as described in their Charter.

BBVA’s Corporate Governance system is based on the distribution of functions between the Board, the Executive Committee and the other Board Committees.

This organizational system of the Board of Directors requires a special dedication from each of its members because of the large number of meetings held by the Board and its Committees and the broad range of content covered.