1 Nov, 2015 @ 13:10
1 min read

No more chauffeurs for Spanish bank BBVA’s management team

company car e

SPAIN’S second-biggest bank, BBVA, is ditching company cars and chauffeurs for all but the president and CEO to ‘move with the times’.

company-carThe new talent and culture (HR) manager has implemented more ‘casual’ systems in the company, with fewer perks for the management team to reduce the sense of hierarchy.

The move to strip board members of their cars, which some used to take their kids to school, has not gone down well.

But unlike Bankia, which auctioned off the Audi A8s of top bosses Miguel Blesa and Rodrigo Rato, BBVA’s BMWs are being kept in garages and available on request strictly for professional use.

Iona Napier

DO YOU HAVE NEWS FOR US at Spain’s most popular English newspaper - the Olive Press? Contact us now via email: newsdesk@theolivepress.es or call 951 273 575. To contact the newsdesk out of regular office hours please call +34 665 798 618.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

General Franco e
Previous Story

40 years on …. is Spain free of Franco?

Next Story

PSOE prime minister candidate wants to scrap religious education from Spain’s schools

Latest from Business & Finance

Go toTop

More From The Olive Press