Spanish bank BBVA has named José Manuel González-Páramo as an executive director, responsible for regulation and institutions. He will also chair a new international advisory board. From 2004 to 2012, González-Páramo was a member of the board of directors and the executive board of the European Central Bank, and also head of market operators and instrumentation of monetary policy. González-Páramo will fill the post vacated by Enrique Medina, who resigns from the board but remains a director of BBVA Bancomer and patron of the BBVA Foundation. Medina has been a member of the board of directors and its executive committee since 1998.