The Board of BBVA Banco Frances S.A. in its meeting held on September 15, 2014, has decided to carry out an organizational change, mainly at managerial level, with the aim of facing the new challenges and accelerating the digital transformation of the Bank: Jorge Alberto Bledel become member of the Management Committee in charge of the new Direction of Digital and Transformation Banking, which will include the current functions of Corporate Development and Transformation Direction; Jorge Luna, present Director of Retail Banking, among his other functions, will now have the responsibility of lead the Companies Banking; Gustavo Fern ndez, has been appointed as Director of Human Resources and Services, he still helds his current position as Director of Technology and Operations. Finally, Adriana Melero, Director of Corporate Development and Transformation; Gabriel Milstein, Director of Human Resources y Jorge Allen Director of Companies Banking, will no longer form parts of BBVA Frances, after an important and successful career in the company.