Headshot of Margarita Delgado

Margarita Delgado

Deputy Governor, Banco de España

In September 2018 she was appointed Deputy Governor of the Banco de España. As from that date she also sits on the Supervisory Board of the European Central Bank’s Single Supervisory Mechanism, is the Chair of the Management Committee of the Spanish Deposit Guarantee Scheme for Credit Institutions, Vice-Chair of the Management Committee of the FROB (Fund for the Orderly Restructuring of the Spanish Banking Sector), a Council Member of the CNMV (Spanish National Securities Market Commission). She is also member of the Network for the Greening of the Financial Sector (NGFS), the Committee on the Global Financial System (CGFS). Since its creation in 2019 she is member of the Spanish Macroprudential Authority (AMCESFI) and chairs its Steering Committee.

Previously, she was Deputy Director General for Micro-Prudential Supervision I at the European Central Bank, with responsibility for the direct supervision of the 35 biggest and most complex significant institutions in the euro area. Earlier, she was Director of the Department entrusted with supervising the former Spanish savings banks, in the Directorate General Banking Supervision of the Banco de España. She first took up the position of bank examiner at the Banco de España in 1991, and was also an associate lecturer at the Madrid Complutense University, where she graduated in Economics and Business Studies.