SIX appoints Juan Flames as CEO of BME and director of BME Exchanges, effective from 15 November. Juan Flames has extensive international experience in the capital markets sector. He succeeds Javier Hernani, who will focus his efforts on the Securities Services business unit, as a member of the SIX Management Committee, and will remain on the Board of Directors of BME.

On November 15, Juan Flames will join SIX as CEO of BME, as the company’s top executive in the Spanish market, and director of BME Exchanges. He will report to Bjørn Sibbern, Global Head of Exchanges and member of the SIX Management Committee.

Juan Flames, a Spanish national, has an impressive track record in international capital markets. He currently serves as Vice Chairman of Capital Markets at Barclays Bank Europe in Madrid, where he manages interest rate and foreign exchange derivatives for corporate and public sector clients and is part of the team leading the bank’s EMEA Capital Markets practice. Prior to his current role, Juan Flames held various positions at Barclays Bank in Capital Markets and Investment Banking, both in the UK and Spain. Previously, Juan Flames spent over a decade at Goldman Sachs in London. He holds a double degree in Law and Business Administration from ICADE (E-3) in Madrid.

Javier Hernani, who was previously the CEO of BME in Spain, will focus his work at the head of SIX’s Securities Services business unit. This business unit is the one that generates the most revenue and profits, and operates in a highly competitive environment. Javier Hernani will continue to lead this business unit as a member of the SIX Management Committee and will remain on the Board of Directors of BME.

“I am delighted to welcome Juan. 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. I would also like to thank Javier for his outstanding leadership at BME and we look forward to continuing our collaboration,” says Jos Dijsselhof, President BME and CEO SIX.

Source: SIX