BTS Group AB receives an orders from BBVA, a leading Spanish bank

Stockholm, Sweden and Madrid, Spain – BTS Group AB (publ), the world’s leading consulting and training company within the segment of business simulations and discovery based learning, has signed agreements with BBVA, a leading Spanish based bank to deliver a program during 2008 for 700 directors worldwide

BTS will deliver at least 28 workshops in 2008 in Spain and Latin America. The project is called “Managing for Value” and it is directed towards the Director level at the group, especially the business units and the functions of finance and controlling

“After 5 years developing a corporate management model based on value, BBVA is now trying to foster the proper application of the value criterion at different levels of the organization. In this moment, it seemed advisable to have in-company formation for the bank’s management, specifically one based on simulation to guarantee practicality. We started the task in 2006, partnering with BTS, and starting with the top 300 managers of the bank. The experience has been a great success. Internal evaluation of participants rated the program as one of the best courses offered by the bank in recent years. As a consequence, the bank decided to extend the formation during 2008 to lower rank management. At BBVA, we are very glad about our decision to count on BTS in our formative endeavour.” said MR Gert Pregel Grohmann, Managing for Value Director, BBVA.

BTS has developed a customized simulation around the managing for value process and metrics which allowed the target audience to participate in a session experimenting and experiencing the way one can create and destroy value in the financial sense from the operational decisions made on the day to day activities.

“We are proud that this well recognized bank has chosen to engage BTS and entrust us with such an important and wide-reaching initiative,” says Dr. Philios Andreou, CEO BTS Iberia and Mexico. “This is strong evidence of our ability to deliver top quality projects to one Europe’s leading banks and our deep capability in areas of strategic alignment and business acumen, leadership and management, and sales.”

For more information, please contact;

Dr. Philios Andreou,
CEO
BTS Iberia and Mexico
Phone +34 9 4423 5594
Mobile +34 667 50504
E-mail philios.andreou@bts.com