David Cabaleiro becomes the head of BDO’s audit practice in Spain

BDO has appointed David Cabaleiro as the new head of its audit division in Spain. Previously, Cabaleiro served as an audit partner at BDO’s Madrid office, where he also led the firm’s technical and methodology area. In his new role, he will focus on strengthening the firm’s growth and maintaining excellence in audit services.

Cabaleiro joined BDO in 2000 and has amassed over 25 years of experience in audit and advisory services for both national and international groups, with a particular focus on the TMT, services, and industrial sectors.

Between September 2015 and December 2016, he was part of BDO Global’s IFRS Advisory Group in London, where he served as a senior manager. He currently leads BDO Spain’s IFRS Desk and is a member of the IFRS Policy Committee, the global working group responsible for overseeing BDO’s international IFRS strategy.

Cabaleiro holds a degree in Business Administration and Management from the University of Deusto, as well as a Master’s in Corporate Finance and Investment Banking from the Instituto de Estudios Bursátiles (IEB). He is a member of the Spanish Institute of Chartered Accountants (ICJCE), its Technical Committee, and the Official Registry of Auditors (ROAC).

His appointment aligns with BDO Spain’s ongoing growth strategy and its firm commitment to quality and excellence. In 2023, BDO Spain reported total revenues of €136.4 million, with the financial services division—encompassing Audit & Assurance, Financial Advisory, and Management Consulting—accounting for 50% of its business.

Globally, BDO continues to consolidate its position as a top-tier professional services firm, achieving revenues of $15 billion (€13.9 billion) in 2024. Audit & Assurance remains a cornerstone of the business, representing 40.8% of total revenue.

Carlos Sotillos, President of BDO Auditores, emphasized the significance of the appointment: “David’s leadership reinforces BDO’s commitment to talent and quality. His extensive experience in the sector will be essential in further strengthening our audit division in Spain and ensuring we continue to deliver the highest standards of service to our clients.”