Luis de Guindos

Luis de Guindos
Minister of Economy and Competitiveness
Incumbent
Assumed office
21 December 2011
Prime Minister Mariano Rajoy
Preceded by Elena Salgado (Economy and Finance)
Personal details
Born 16 January 1960
Madrid, Spain
Political party People's Party
Alma mater University College of Financial Studies

Luis de Guindos Jurado (born January 16, 1960) is a Spanish politician, a member of the Spanish People's Party, and currently the Minister of Economy and Competitiveness of Spain.[1][2][3]

Biography

Birth

De Guindos was born in Madrid, Spain, on January 16, 1960.

Education

De Guindos is a Bachelor of Economics and Business at the Colegio Universitario de Estudios Financieros.[4]

Career

He was once the Managing Partner of Advisors AB, secretary of the magazine "Business Information Spanish", and vocal advisor to the Secretary of State for Economy of Spain and Head of Technical Office of the General Secretariat of Commerce.

In late 1996, he was appointed General Director for Economic and Competitiveness. He has served on the board of Renfe between 1997 and 2000 and the Official Credit Institute from 2000 to 2002. In May 2000 was appointed Secretary in General for Economy, and State Industrial Holdings Company. He was Secretary of State for Economic Affairs in the last government led by Jose Maria Aznar and was succeeded by David Vegara .

In 2006, he was appointed advisor for Lehman Brothers in Europe[5][6] and director of its subsidiary bank in Spain and Portugal, where he remained until the collapse and declaration of bankruptcy of the latter in 2008. Subsequently, de Guindos became responsible for the finance division of Pricewaterhouse Coopers. Finally, and in a largely ceremonial role, he was appointed as a professor of finance at IE Business School (Madrid), between 2010-2012, before joining as a minister.[7]

In 2011 worked for the board of Mare Nostrum Bank[8] until he resigned to become part of the government led by Mariano Rajoy in December of that year.

References

  1. John Fraher and Angeline Benoit (April 27, 2012). "Spain Rules Out Bailout as De Guindos Says Banks Funded". Bloomberg. Retrieved June 10, 2012.
  2. "Ministerio de Economia Luis de Guindos presenta el cuadro macroeconómico que prevé un crecimiento del 3% para 2004" (PDF). Ministry of Economy and Finance (Spain). Retrieved June 10, 2012.
  3. Daniel Woolls and Sarah DiLorenzo (June 9, 2012). "Europe bailout of Spain could cost $125 billion". The Washington Times. Retrieved June 10, 2012.
  4. Empresa (EOC) insider: Luis Jurado Retrieved June 10, 2012
  5. "Spain names ex-Lehman executive as economy minister". BBC News. December 21, 2011. Retrieved June 10, 2012.
  6. "Spain's new Prime Minister Mariano Rajoy has named ex-Lehman Brothers banker Luis de Guindos in the pivotal job as economy minister". RTE News. December 21, 2011. Retrieved June 10, 2012.
  7. "Luis de Guindos deja Pricewaterhouse y pasa al Instituto de Empresa". El Pais. February 2, 2010. Retrieved June 10, 2012.
  8. "Commercial Banks: Company Overview of Banco Mare Nostrum, S.A.". Retrieved June 10, 2012.
Political offices
Preceded by
Elena Salgado
as Minister of Economy and Finance
Minister of Economy and Competitiveness
2011–present
Incumbent