After 14 Years at Barclays, Juan Flames Takes on CEO Role at BME for SIX

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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.

This article was written by Tareq Sikder at www.financemagnates.com.

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