The Executive Commission of the Banco de España, subject to the guidelines of the Governing Council:
The Executive Commission is formed by:
The Directors-General of the Banco de España (Alejandro Álvarez, Juan Ayuso, Ángel Estrada, Ángel Gavilán, Mercedes Olano and Alberto Ríos) attend its meetings as non-voting members.
The General Secretary of the Banco de España (Francisco Javier Priego) acts as non-voting Secretary to the Executive Commission.