Spanish stock exchange operator Bolsas y Mercados Espanoles (BME) has hired financial technology services expert Arturo Merino as its new CDO. He will report to, Francisco Nicolas, BME’s Chief Technology Officer.

Hayley McDowell filed this report for The Trade:

Merino joins BME from Andorran banking group, MoraBanc, where he has been chief information officer for the past three years. Prior to that, Merino spent 14 years at Accenture in various consultancy positions for financial services.

The senior appointment follows BME’s move earlier this year to implement a technological transformation strategy. As part of the new strategy, BME made sweeping changes to its senior management team, naming Jorge Yzaguirre head of the market data business.

Ignacio Olivares was also appointed head of legal, replacing Jaime Aguilar, and a member of the management committee. Aguilar was promoted to lead the legal strategy at BME, reporting to chief executive, Javier Hernani Burzaco.