Oliver Alonso, speaker at the IX Annual Meeting of BBVA Regional Advisory Directors

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The president of Domingo Alonso Group participated in the discussion table on business innovation and sustainability at the meeting held in Bilbao

CANARY ISLANDS7 The Gran Canarian palms

After two years of the pandemic, BBVA has held the first face-to-face meeting in Bilbao with prominent Spanish businessmen who are members of the entity's Regional Advisory Councils (CARs) in Spain.

A special edition that was attended by the president of BBVA Carlos Torres Vila; the CEO of BBVA Onur Genç; and the director of BBVA in Spain, Peio Belausteguigoitia, who moderated a discussion table on innovation and sustainability, in which three prominent Spanish businessmen participated, including the president of the CAR of BBVA in the Canary Islands, Oliver Alonso.

The president of BBVA influenced both aspects, considering them to be key disruptive elements in one of the most challenging moments of the last decade.

During his speech, Carlos Torres Vila assured that in the face of the new world order as a consequence of the
ukrainian war,
"a great human tragedy"«The crisis has highlighted the need for greater strategic autonomy in key issues such as raw materials, energy or defense and for the disruption of technology to deal with bottlenecks in value chains».

The president analyzed the two great disruptions that affect companies today: innovation and decarbonization.
«BBVA accompanies clients in their sustainable and technological transformation».

In this regard, Carlos Torres Vila highlighted that the bank sees "an opportunity" in this environment of innovation, which is why BBVA will increase investments beyond the fintech sector; it will continue to grow in the markets through digital banks and will continue to develop solutions and products adapted to the needs of companies.

The fight against climate change requires the determined involvement of all.
“Public policies must generate trust and the right incentives among investors and companies for the start-up of innovative and sustainable projects.” As Carlos Torres Vila has highlighted, "private investment must be the engine of change."

At BBVA we are in an unbeatable position to accompany our customers in this disruptive environment.
“We have great financial strengtha pioneering strategic positioning, very ambitious goals and a great team of professionals”, stated the Chairman of BBVA before nearly 100 regional advisors who have gathered at the ninth edition of the CAR.

Sustainable and ecological transformation

BBVA has advocated for companies to commit to investing in a sustainable and technological transformation. An investment that BBVA will support with financing, advice and the channeling of
European funds Next Generationand which was discussed during the panel on innovation and competitiveness moderated by Peio Belausteguigoitia, country manager of BBVA Spain.

In it, the experiences of companies that have invested in innovation to achieve a differential and sustainable competitive advantage over time, such as Grupo Consentino, Domingo Alonso Group and SAICA, all of them benchmarks in their sector, have been disclosed.

During their speeches, together with the director of BBVA in Spain, they discussed how innovation has been a decisive factor in their success story, with its successes and difficulties, and how this innovation can be tackled from a family business.

Oliver Alonso, president & CEO of Domingo Alonso Group, highlighted the innovation process of his company, which has faced great changes in recent changes. In his opinion, innovating is not an option, but rather a key element: «there are two types of companies.
Those that innovate, and those that close”, concluded.

In addition, Peio Belausteguigoitia focused a lot on knowing the perception that the business fabric has about innovation in Spain compared to other neighboring countries and about the role of training as a competitive advantage.

Finally, innovation was also discussed as a key lever to integrate the
sustainability in the day to day of companies and to achieve the ambitious challenge of decarbonising the Spanish economy.

A meeting for knowledge

The businessmen who have gathered at this edition of the Regional Advisory Council (CAR) have had the presence of the three winners of the XIV Frontiers of Knowledge Award in the Biology and Biomedicine category. Specifically, from the biochemists Katalin Karikó and Drew Weissman; and chemical engineer Robert Langer, who have participated in a panel on the biomedical revolution that moderate messenger RNA has brought about.

In it, they have talked about the technology behind the coronavirus vaccine, which has saved millions of lives; of the importance that teamwork had for its development; of the challenges they have faced during their careers or how talent can be attracted to laboratories, among other points.

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