7/1/14 - Promontory Opens Madrid Office
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7/1/14 - Promontory Opens Madrid Office

MADRID, June 30, 2014 – Promontory Financial Group, the premier strategy, risk management, regulatory, and compliance consulting firm for financial services firms worldwide, has opened an office in Madrid, Spain. The recently opened office will provide advice and solutions to banks, regulators, and other financial institutions in Spain and across Europe.

The Madrid office expands Promontory Europe’s network of knowledge centers in the eurozone, bringing the firm’s full range of services on complex matters to Spain, with a focus on corporate governance and risk management.

Promontory named Eduardo Vilela a director of the new office and Juan Pérez Calot a senior adviser. Vilela joins Promontory from Barclays Capital in London, where he had global responsibilities for economic stress testing and monitoring of derivatives models. Pérez Calot’s career in financial services includes work for firms in the United Kingdom, Spain, Italy, and Switzerland. He has also served on the boards of several European banks, including service on internal audit and control committees.

“Strong governance, effective risk management, and controls are the cornerstone of safe, sound, and prosperous financial companies,” said Elizabeth McCaul, CEO of Promontory Europe. “Our new colleagues bring expertise in these important disciplines that are increasingly in demand by our Spanish and European clients.”

In addition to Madrid, Promontory Europe has operations in Brussels, Dublin, Paris, and Milan.

“We are well positioned to help financial companies throughout the Continent meet rising regulatory expectations and manage a wide array of risks,” said Eugene A. Ludwig, Promontory’s founder and CEO. “The appointments and the opening of the Madrid office are evidence of the firm’s commitment to Europe and the importance of Spain’s financial markets.”

Promontory’s Madrid office is located at Calle de José Ortega y Gasset 12, 28006 Madrid.

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Media Contacts

Teresa Wincrantz (European media), +44 20 3116 6814, email
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Notes to Editors

About Promontory

Promontory Financial Group, based in Washington, D.C., is a leading expert in financial risk, regulation, and compliance. The firm helps companies and governments around the world manage complex risk and meet their greatest regulatory challenges. Promontory’s work aims to make its client companies stronger and the financial system safer. From offices in North America, Europe, Australia, and Asia, including the Middle East, the firm has served clients in more than 50 countries. Eugene A. Ludwig, who served as U.S. comptroller of the currency under President Bill Clinton, founded Promontory in 2001.

Visit us at www.promontory.com and follow us on Twitter @PromontoryFG

Juan Pérez Calot

Pérez Calot is an expert in banking strategy, organization, and corporate governance. Previous roles during his 30 years in banking include general manager of BBVA UK and chairman of the Spanish Chamber of Commerce in the U.K. Pérez Calot graduated from Valencia University with a bachelor’s degree in economics. He received a master’s degree in business from IESE Business School.

Eduardo Vilela

Vilela has worked in risk management for two decades as both a consultant and a financial services executive, and has experience in portfolio analysis, capital calculations and reporting, and the Basel framework. His work as a consultant focused on the interplay between strategic planning and disciplines including credit provision; asset-liability management; market, operational, and country risk; fraud; capital management; and regulatory capital. He has published widely on topics in applied finance. Vilela earned a doctorate in economics from the University of Navarra.

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