José Luis Olivas

José Luis Olivas
President of the Generalitat Valenciana
In office
24 July 2002  20 Juny 2003
Monarch Juan Carlos I
Preceded by Eduardo Zaplana
Succeeded by Francisco Camps
Personal details
Born 13 October 1952
Motilla del Palancar, Spain
Nationality Spanish
Political party PPCV
Alma mater Complutense University of Madrid
Religion Roman Catholicism

Jose Luis Olivas Martinez (born Motilla del Palancar, Cuenca, October 13, 1952) is a Spanish politician of the People's Party. He was the third president of the Generalitat Valenciana (the first that was not chosen in elections) when Eduardo Zaplana moved to Madrid in 2002. A year later he was replaced by Francisco Camps, who took over the leadership of the party in the Valencian Community. Olivas decided then to pursue a business career. In 2003 he was appointed president of Banco de Valencia, in 2004 president of Bancaja and in 2010 vice president of Bankia (entity born by the merger of CajaMadrid, Bancaja and others).[1]

Banco de Valencia went bankrupt in October 2011 and the State took over its control. Olivas resigned.[2] In December 2011, Bankia declared enormous losses and the government nationalized the entity and imposed a new direction.[3] In May 2012, he was resigned as president of Bancaja.[4]

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