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Inditex picks risk lead as new Chief Sustainability Officer

Unlike his predecessor, Fernando de Bunes will not form part of the executive committee.
Melodie Michel
Inditex picks risk lead as new CSO
Photo by Raunak Gayen on Unsplash

Inditex has confirmed the departure of its veteran Chief Sustainability Officer Javier Losada, and appointed current Chief Risk Officer Fernando de Bunes Ibarra to replace him.

The Spanish fashion giant communicated the governance changes to the country's financial regulator, Comisión Nacional de Mercado y Valores (CNMV), late on May 16 – confirming media reports that Losada was on the way out.

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