The WFE's Women Leaders 2021 - Beatriz Alonso-Majagranzas Cenamor, Head of BME Exchange

By: The WFE Focus Team Mar 2021

Nominee’s name: Beatriz Alonso-Majagranzas Cenamor 

Member: BME-Spanish Exchanges

Nominee’s job title: Head of BME Exchange 


1. - Brief description of nominee’s role/job:

Head of BME Exchange: Equity, Fixed Income and Market Data

Management of Equity and Fixed Income markets and Market Data.

2. - Short bio (career highlights, education, interests/hobbies):

Career Highlights:

Present - Head of BME Exchange

2016 Equity Director

2007 Trading and Surveillance Commission Coordinator & Deputy Equity Director

2001 Market Quality Director


1993 Degree in Economics and Business Administration from Universidad Autónoma of Madrid 1997

Master in Applied Finance from Analistas Financieros of Madrid (1997).

Languages: Spanish (mother tongue), French (C2) and English (C1)


Member of the Markets Management Committee SIX

Member of the Board of Directors in Madrid Stock Exchange

Member of the Board of Directors in Bilbao Stock Exchange

Member of the Board of Directors in Valencia Stock Exchange

Member of the Board of Directors in Sociedad de Bolsas

Member of the Board of Directors in MEFF, Spanish Regulated Market for Derivatives Products Member of the CNMV Advisory Committee

Member of the ESMA CWG Secondary Markets Standing Committee

Member of the Spanish Institute of Financial Analysts

Presentations, conferences, and seminars:

2020 Feb AFME/AEB 11th Annual Spanish Capital Markets Conference. Madrid

Panel: Trading Trends: Are our Markets fit, Ready and Prepared for the future?

2019 Oct Funds Society. Women and SRI. Madrid

2019 May Foro el Español. Investment Keys - Investment Alternatives: ETF´s, subordinated debt, CFD´s and other products. Madrid

2019 May FOGAIN – Forum Antonio Moreno: Impact of MIFID II in Equity Markets. Madrid

2019 April FIDE – Foro Mercados Financieros – Market Abuse. Madrid

2017 Nov FESE – Better Finance Conference —Equity Financing of the EU Economy. SME Panel. Brussels

2017 Jun/Nov Instituto de Fomento Empresarial — MIFID II. The New Challenge for Financial Markets. Madrid

2017 April The Eurofi High Level Seminar 2017 — Developing EU equity markets. Round Table. Malta

2016 Nov CNMV — New Regulation of the Securities Markets. MIFID II — MIFIR technical workshop — Panel I: Markets structure and algorithmic trading. Madrid

2015 Oct CNMV - New Financial Markets Regulation. Technical Sessions: Market Abuse Signals. Madrid

2015 May Spanish Clearing and Settlement Reform. Market Members in BME, Migration. Calendar and Highlights. London

2014 April Clearing, Settlement and Registry Reform in Spain - Background, Timing and Future Developments, Post trade implications. London

2010 April FIAB High Tech - High-Frequency Trading Related to Order Execution Algorithms. Buenos Aires Stock Exchange


La inversión directa en acciones por parte de las familias españolas (Direct Investment in Equity by Spanish Families). Javier Garrido, Beatriz Alonso-Majagranzas. Ahorro familiar en España. Fundación de Estudios Financieros. Papers, no. 39, 2011, p. 255-283.

Los mercados de valores españoles ante la MiFID (Spanish Equity Markets ahead of MIFID). Beatriz Alonso-Majagranzas, Jorge Yzaguirre. Economistas, ISSN 0212-4386, No. 25, No. 111, 2007 (Spain 2006).

La liquidez es esencial para medir la calidad de un mercado de acciones (Liquidity is Essential to Measure an Equity Market Quality) Beatriz Alonso-Majagranzas. Bolsas y Mercados Españoles Weekly magazine, ISSN 0211-5336, No. 170, 2007, pp 22-23

Índices bursátiles nacionales e índices paneuropeos. El índice General de la Bolsa de Madrid. Los índices IBEX® (National and European Stock Indexes. The Madrid Stock Exchange General Index and the IBEX® indexes). Carmen Adamira Martín, Beatriz Alonso—Majagranzas, Domingo J. García Coto, Javier Garrido Martín

Los nuevos índices de empresas cotizadas de mediana y pequeña capitalización en la bolsa española (The New Medium and Small Cap Indexes)Beatriz Alonso—Majagranzas, Domingo J. García Coto. Economic Notebook, ISSN 1132—9386, No. 187, 2005, pp. 107—114

Mercados para empresas de alto crecimiento en Europa (Markets for High Growth Companies in Europe). Beatriz Alonso—Majagranzas. Bolsa de Madrid, ISSN 0211—5336, No. 87, 2000, pp 10—15.

Los ETF escalan puestos para los inversores (ETFs Improve their Position for Investors). Tribuna. Cinco Días. 2013 January 2nd.

Por un mercado más justo, seguro y ordenado (For a Fairer, Safer and Orderly Market). Editorial. Fundspeople. 2021 June 14th.

ETF: novedades en el modelo de mercado (ETF: Update of the Market Model). Tribuna. Fundspeople. 2012 February 2nd.

A do-it-yourself attitude to investments. Financial Times, 2009 June 1.

3. - What were your professional highlights and challenges of 2020?

Over 2020 there have been a lot of challenges, but certainly managing and motivating the team under stressful circumstances and from home has been one of the greatest. This has been of paramount importance to guarantee that the market system has remained functioning in an efficient and orderly manner as has been proved over the worst times of the pandemic.

4. - What and who inspires/has inspired you to achieve your professional success:

I have certainly been inspired by many people, but they all share their commitment and motivation on what they do. I am inspired by those who are willing to never stop learning and growing, and that are always ready to step out of their comfort zone. These persons and their attitude help others grow and convey passion for what they do.

5. - What advice do you have for other women who aspire to be in leadership positions:

I would encourage them to build teams based on trust and commitment and never be afraid of doing the new, the different, and following their instinct. Sharing your knowledge with others is fundamental, but learning to listen what others have to say can make a great difference. Helping others grow is a fundamental quality for a good leader, as well as respecting the past, always being grateful with your mentors and colleagues, but keeping an eye into the future and never stop moving forwards. In the end, the most valuable skill is your thinking, so I would strongly advice for doing what you feel is right.