Governor of the Bank of Spain

The Governor of the Bank of Spain is the head of the Bank of Spain, the central bank of the Kingdom of Spain. The Bank of Spain is integrated in the European System of Central Banks and, as such, the Governor is an ex officio member of the Governing Council of the European Central Bank. The Governor is appointed by the executive branch and it reports to both Government and Parliament. To ensure its independence, the governor has a term of six years, with no possibility of renewal. Further, the governor cannot be fired except for exceptional cases. The current and 70th governor is Pablo Hernández de Cos, whose appointment was official on May 31 and he assumed the office on June 11, 2018. Appointment process