SIX Appoints Juan Flames as CEO of BME

SIX has appointed Juan Flames as the new CEO of BME and director of BME Exchanges, effective November 15. Flames, who has a significant background in international capital markets, succeeds Javier Hernani, who will redirect his focus towards the Securities Services business unit within SIX.

Currently serving as Vice Chairman of Capital Markets at Barclays Bank Europe, Flames manages interest rate and foreign exchange derivatives and plays a key role in the bank's EMEA Capital Markets practice. He has previously held various positions at Barclays and spent over ten years at Goldman Sachs in London. He holds a double degree in Law and Business Administration from ICADE in Madrid.

In his new role, Flames will report to Bjørn Sibbern, Global Head of Exchanges. Jos Dijsselhof, President of BME and CEO of SIX, expressed his enthusiasm for Flames' appointment, stating, "He brings extensive experience and knowledge of the Spanish equity markets, together with an international market profile that will support the growth and innovation efforts we have been implementing since 2020." Meanwhile, Hernani will continue to lead the Securities Services business unit and remain a member of the SIX Management Committee.