Confederación Española de Cajas de Ahorros

The management committee is headed by general manager Antonio Romero, with Fernando Conlledo as general secretary. Mónica Malo leads communication and institutional relations, while Luis Teijeiro directs regulatory affairs. The organization does not manage a pooled investment fund but coordinates the advocacy and technical standards that shape how member banks and their foundations deploy capital.

CECA is an industry association, not a direct investment manager. Its members are commercial banks and banking foundations that operate under a common statutory framework. However, because CECA sets governance and policy for foundation-owned assets, it indirectly oversees a long-term capital base that behaves like institutional asset-owner capital — allocating to social programs, regional infrastructure, and real estate.

Members hold portfolios dominated by Spanish residential and commercial mortgages, loans to small and medium enterprises, and sovereign debt. They increasingly participate in direct project finance for renewable energy, regional infrastructure, healthcare facilities, and education-related real estate. Privately negotiated credit facilities for mid-market companies also form a growing share.

The Obra Social programs tied to CECA members exceeded €1 billion in annual investment, according to the association's most recent public disclosures. These funds finance healthcare, education, cultural preservation, and financial inclusion initiatives, operating as a statutory redistribution of banking profits into community services.

CECA does not operate a co-investment platform. However, the larger banking foundations within the membership — such as Fundación 'la Caixa' — have been known to partner with European institutional investors on infrastructure and social-impact projects. Such arrangements are negotiated directly by the individual entities, not by the association.