Banco Bilbao Vizcaya Argentaria SA (BBVA) Wednesday said that Domingo Armengol will become secretary general of the bank's board of directors, replacing Jose Maldonado.

Maldonado, 57, is taking early retirement, but will remain on the board as a non-executive member.

Armengol, a lawyer by training, has been director of institutional advisory at BBVA and deputy secretary of the board since 2000. He is 44.

BBVA, Spain's second-largest bank by assets, has made a series of changes to its executive ranks in the last few months. In September, it changed its chief executive as well as the heads of human resources and services, innovation and technology and risk management.

Company Web site: www.bbva.com

-By Christopher Bjork, Dow Jones Newswires; 34 91 395 8123; christopher.bjork@dowjones.com
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