Governing bodies

BOARD OF TRUSTEES

Graduate in Economics and Business Studies (Universidad Complutense de Madrid); PDD from IESE; Director of Ferrovial since 2006; President of the Rafael del Pino Foundation; Individual representative of Menosmares, S.L., that holds the positions of rotating Chairperson / Vice-Chairperson of the Board of Directors of Casa Grande de Cartagena, S.A.U. and Vice-Chairperson of the Board of Directors of Pactio Gestión, SGIIC, S.A.U. Member of the Board of Trustees of the Princess of Asturias. She has been a member of the Board of Trustees of the Fundación Codespa and of the Fundación Científica de la Asociación Española contra el Cáncer and of the Governing Board of the Asociación para el Progreso de la Dirección.(Family Trustee)

Degree in Business Administration and Management (Universidad Pontificia de Comillas); MBA from McGill University-Desautels Faculty of Management, she furthered her studies at Northeastern University. She has been Foreign Trade Technician at the Economic and Commercial Office of the Spanish Embassy in Warsaw, Analyst in the Private Equity Department at Pactio Gestión Asset Management and Senior Research Analyst at Brandywine Global. She has been Director of the Online Channel at El Ganso S.A. (Family Patron).

Civil Engineer (Universidad Politécnica de Madrid); MBA from the Sloan School of Management (MIT); Chairman of Ferrovial since 2000 and CEO since 1992; Chairman of Cintra between 1998 and 2009; Member of the MIT Energy Initiative's External Advisory Board and the MIT Sloan European Advisory Board, as well as the International Advisory Board of IESE and the Royal Academy of Engineering of Spain; Former director of Zurich Insurance Group, Banesto and Uralita, as well as member of MIT Corporation and Harvard Business School European Advisory Board (Family Trustee).

Graduate in Economics and Business Studies (Universidad Complutense de Madrid); MBA from IESE; Individual representative of Soziancor, S.L.U., that holds the positions of rotating Chairperson / Vice-Chairperson of the Board of Directors of Casa Grande de Cartagena, S.A.U. and Chairperson of the Board of Directors of Pactio Gestión, SGIIC, S.A.U.; He has been a member of the Board of Directors of Ferrovial between 2010 and 2021, as well as a member of the Board of Directors of Banco Pastor, a member of the Board of Directors of SECOT and a trustee of the Plan España and AXA Foundations. (Family Trustee)

Graduate in Law and Business Management; Member of the Cuerpo Superior de Técnicos Comerciales y Economistas del Estado. He has been Vice-President and Commercial Director of INI, Commercial Attaché in Chicago, Chairman of Iberia, Aviaco, González Byass, Mercedes Benz, Fraternidad Muprespa, ANFAC, Círculo de Empresarios, Director of Acciona, Schindler and Inditex (where he was also Vice-Chairman); Lecturer and writer in 2013 published by Editorial Deusto "Cosas que me enseñó la vida a través de la empresa"; Former High Commissioner of the Government for Marca España (Independent Trustee).

Degree in Economics and Business Administration (Universidad Complutense de Madrid); Diploma in Economics of the European Union (London School of Economics); co-founded Layos Camp in 1982, in 1989 Grupo SEGURIBER (security services, alarms, electronic engineering and security systems), sold in 2017 and in 2012 Net4 Things a software development company in the Internet of Things, focused on the connected car and with clients in Europe, America and Africa. She has been an independent director of several Ibex companies. He is President of the Fundación Vizcaína Aguirre (La Comercial de la Deusto BS), and Honorary President of the Circulo de Empresarios and Secot. He is a member of several advisory boards and organisations, including YPO and IWF. He has given numerous conferences in Spain, Europe and the USA. He has received numerous awards (Independent Trustee).

Professor of Applied Economics; Member of the Tribunal de Defensa de la Competencia (1992-1995) and President of this institution (1995-2000); Academician of the Reial Acadèmia de Doctors; Economist of Merit of the Colegio de Economistas de Cataluña; He holds the Gran Cruz de la Orden del Mérito Civil, the Distinction for Merits of the Ministry of Economy and the Medal for Services Rendered to the University. He was Director of the Rafael del Pino Foundation (2000-2013) (Independent Trustee).

A graduate in Business Administration and Management (Universidad Pontificia de Comillas), he has furthered his education at the London School of Economics and Yale University. He has been an Analyst in the Market Research Department of Técnicas Reunidas, Analyst in the Corporate Finance Department of N+1 Corporate Finance, Analyst in the Project Finance Department of Calyon Structured Finance Division, Business Analyst in the Energy Competence Centre of Roland Berger Strategy Consultants and Analyst in the Investment Banking Division of Goldman Sachs International (Family Trustee).

Graduated in Law from the University of Valladolid, and in Economics from the Commercial University of Deusto, with the number one in his class. He has been Chairman of the Banca Catalana Group, First Vice-Chairman and CEO of Banco Bilbao Vizcaya, Chairman of Banco Español de Crédito and Vice-Chairman and CEO of Banco Santander. He is currently Vice-Chairman of the Board of Directors of AVANZIA (Mexico), member of the Advisory Board of Herbert Smith Freehill Spain LLP, member of the European Advisory Board of JP Morgan and member of the Board of Directors of Nicolás Correa, S. A. He is also a member of the International Academy of Management and Honorary Chairman of the Board of Directors of Deusto Business School (University of Deusto) and is a member of the Executive Committee and Chairman of the Board of Trustees of the Teatro Real (Independent Trustee).

Degree in Law (Universidad Complutense de Madrid); Master of Laws -LLM- (King's College London); Worked for a year as an analyst at the London headquarters of the investment bank Baring Brothers. Subsequently worked for eight years as a senior lawyer in the London and Madrid offices of the law firm Frehsfields Bruckhaus Deringer, in the areas of commercial and capital markets; In 1999 he was appointed legal manager of CasaGrande de Cartagena, S.A., and, subsequently, Secretary and director of the Board of Directors. In 2005 he was appointed legal manager and Secretary director of the Board of Directors of Pactio Gestión, SGIIC, S.A.U. Currently, in addition to being Secretary of the Board of Directors of Casa Grande de Cartagena, S.A.U. and Pactio Gestión SGIIC, S.A.U., he holds the position of CEO of both companies. (Independent Trustee).

He holds a degree in Economics and Business Studies from the UAM and a PhD from the Faculty of Law at the UCM. D. from the Faculty of Law of the UCM, he is a member of the Cuerpo Superior de Técnicos Comerciales y Economistas del Estado and of the European Academy of Sciences and Arts of Salzburg. Officer of the Order of Isabel La Católica, Leão de Oro de la República de Angola (AIA), I Premio de Ensayo Casa África and Medalla al mérito de la Guardia Civil con distintivo blanco. He is Director of the Rafael del Pino Foundation, Vice-President of the Spanish Association of Foundations, Patron of the NGO AMREF Salud África,

Founder and President of Liberdom and member of the Editorial Board of ICE. His previous professional activities include: Vice-President of the Spanish Network of the United Nations Global Compact; President of the Association of TCEE; Chief Economic and Commercial Counsellor at the Spanish Embassies in Angola, Namibia, Congo, D.R. Congo, Sao Tome and Principe and Zambia; Director of Division of ICEX; and Deputy Director General of the Court for the Defence of Competition. He has been Professor of Economic Analysis at the Universidad Carlos III de Madrid and President of the Economic Sciences Section of the Ateneo de Madrid.

EXECUTIVE COMMITTEE

Graduate in Economics and Business Studies (Universidad Complutense de Madrid); PDD from IESE; Director of Ferrovial since 2006; President of the Rafael del Pino Foundation; Individual representative of Menosmares, S.L., that holds the positions of rotating Chairperson / Vice-Chairperson of the Board of Directors of Casa Grande de Cartagena, S.A.U. and Vice-Chairperson of the Board of Directors of Pactio Gestión, SGIIC, S.A.U. Member of the Board of Trustees of the Princess of Asturias. She has been a member of the Board of Trustees of the Fundación Codespa and of the Fundación Científica de la Asociación Española contra el Cáncer and of the Governing Board of the Asociación para el Progreso de la Dirección.(Family Trustee)

Degree in Business Administration and Management (Universidad Pontificia de Comillas); MBA from McGill University-Desautels Faculty of Management, she furthered her studies at Northeastern University. She has been Foreign Trade Technician at the Economic and Commercial Office of the Spanish Embassy in Warsaw, Analyst in the Private Equity Department at Pactio Gestión Asset Management and Senior Research Analyst at Brandywine Global. She has been Director of the Online Channel at El Ganso S.A. (Family Patron).

Professor of Applied Economics; Member of the Tribunal de Defensa de la Competencia (1992-1995) and President of this institution (1995-2000); Academician of the Reial Acadèmia de Doctors; Economist of Merit of the Colegio de Economistas de Cataluña; He holds the Gran Cruz de la Orden del Mérito Civil, the Distinction for Merits of the Ministry of Economy and the Medal for Services Rendered to the University. He was Director of the Rafael del Pino Foundation (2000-2013) (Independent Trustee).

Degree in Law (Universidad Complutense de Madrid); Master of Laws -LLM- (King's College London); Worked for a year as an analyst at the London headquarters of the investment bank Baring Brothers. Subsequently worked for eight years as a senior lawyer in the London and Madrid offices of the law firm Frehsfields Bruckhaus Deringer, in the areas of commercial and capital markets; In 1999 he was appointed legal manager of CasaGrande de Cartagena, S.A., and, subsequently, Secretary and director of the Board of Directors. In 2005 he was appointed legal manager and Secretary director of the Board of Directors of Pactio Gestión, SGIIC, S.A.U. Currently, in addition to being Secretary of the Board of Directors of Casa Grande de Cartagena, S.A.U. and Pactio Gestión SGIIC, S.A.U., he holds the position of CEO of both companies. (Independent Trustee).

He holds a degree in Economics and Business Studies from the UAM and a PhD from the Faculty of Law at the UCM. D. from the Faculty of Law of the UCM, he is a member of the Cuerpo Superior de Técnicos Comerciales y Economistas del Estado and of the European Academy of Sciences and Arts of Salzburg. Officer of the Order of Isabel La Católica, Leão de Oro de la República de Angola (AIA), I Premio de Ensayo Casa África and Medalla al mérito de la Guardia Civil con distintivo blanco. He is Director of the Rafael del Pino Foundation, Vice-President of the Spanish Association of Foundations, Patron of the NGO AMREF Salud África,

Founder and President of Liberdom and member of the Editorial Board of ICE. His previous professional activities include: Vice-President of the Spanish Network of the United Nations Global Compact; President of the Association of TCEE; Chief Economic and Commercial Counsellor at the Spanish Embassies in Angola, Namibia, Congo, D.R. Congo, Sao Tome and Principe and Zambia; Director of Division of ICEX; and Deputy Director General of the Court for the Defence of Competition. He has been Professor of Economic Analysis at the Universidad Carlos III de Madrid and President of the Economic Sciences Section of the Ateneo de Madrid.

ADVISORY COUNCIL

Graduate in Economics and Business Studies (Universidad Complutense de Madrid); PDD from IESE; Director of Ferrovial since 2006; President of the Rafael del Pino Foundation; Individual representative of Menosmares, S.L., that holds the positions of rotating Chairperson / Vice-Chairperson of the Board of Directors of Casa Grande de Cartagena, S.A.U. and Vice-Chairperson of the Board of Directors of Pactio Gestión, SGIIC, S.A.U. Member of the Board of Trustees of the Princess of Asturias. She has been a member of the Board of Trustees of the Fundación Codespa and of the Fundación Científica de la Asociación Española contra el Cáncer and of the Governing Board of the Asociación para el Progreso de la Dirección.(Family Trustee)

Degree in Business Administration and Management (Universidad Pontificia de Comillas); MBA from McGill University-Desautels Faculty of Management, she furthered her studies at Northeastern University. She has been Foreign Trade Technician at the Economic and Commercial Office of the Spanish Embassy in Warsaw, Analyst in the Private Equity Department at Pactio Gestión Asset Management and Senior Research Analyst at Brandywine Global. She has been Director of the Online Channel at El Ganso S.A. (Family Patron).

Daniel Lacalle is PhD in Economics, Chief Economist at Tressis S.V., professor of Global Economics at IE and IEB and investment fund manager. He holds a degree in Business Administration from the Universidad Autónoma de Madrid and a PhD Cum Laude from the Universidad Católica de Valencia. He holds a CIIA international financial analyst degree and a postgraduate degree from IESE, University of Navarra.

He is President of the Mises Hispanic Institute, member of the Advisory Board of the Rafael del Pino Foundation and of ORFIN. He is also a member of the Academic Council of the International Freedom Foundation (FIL). His career in portfolio management and investment began at the hedge fund Citadel and continued at Ecofin Ltd. and PIMCO, in the US and London.

He is ranked number 5 in the Richtopia 2020 ranking of the world's most influential economists. He has been voted for five consecutive years among the top three managers in the Extel Survey, the Thompson Reuters ranking in the general strategy, oil and power categories.

He writes a weekly column in El Español, and contributes monthly to CNBC and Bloomberg TV, as well as Antena 3, Cuatro, Telecinco, BBN Times, World Economic Forum, Hedge Eye, Epoch Times and Mises Wire, among others.

Daniel Lacalle is the author of books on economics translated into several languages, including: "We the Markets", "Journey to Economic Freedom", "The Great Trap", "Freedom or Equality", and the latest, "Make Your Money Grow" (Deusto, 2022).

María Garaña Corces is Vice President of the Business Solutions division at Microsoft EMEA (Europe, Middle East and Africa) with responsibility for sales, marketing and operations of the Microsoft Dynamics business in the region. She holds a Master's degree in Business Administration (MBA) from Harvard University, a Bachelor's degree in International Trade from the University of Berkeley and a Bachelor's degree in Business Administration and Law from the University of San Pablo CEU in Madrid.

María Garaña joined Microsoft in 2002 as Director of Operations and Marketing for Microsoft Mexico. Three years later, she became General Manager of Microsoft for the Southern Cone of Latin America, with responsibility for Argentina, Chile, Uruguay, Paraguay and Bolivia. In 2008, she was appointed President of Microsoft Spain.

She comes from the Zoom Media publishing group, based in Miami, where she held the position of CEO. In the same sector, she held senior positions within Grupo Televisión Azteca. She has also worked for Merrill Lynch International in London, Andersen Consulting in Madrid and Istanbul and Citibank in Madrid.

María Garaña is a member of the Board of Directors of the European Institute of Innovation and Technology (EIT) within the European Commission. She is also a member of the Board of Directors of Liberbank, of Euler-Hermes in Paris (Alliance Group) and of the investment bank N+1. In addition, he is a member of the Advisory Committee of Harvard Business School in Spain. 

She joined the Board of Directors of Grupo Santander in 2015 as an external director (independent). She holds a degree in Economics and Business Administration from the Universidad Autónoma de Madrid and is a member of the State Corps of Commercial Technicians and Economists. She is also a non-executive director of Aviva plc, London. She has been Director General of Economic Policy and Director General of the Treasury of the Ministry of Economy of the Spanish Government, as well as Director of the Bank of Spain and of the Comisión Nacional del Mercado de Valores (CNMV). She has also served as a director of the Instituto de Crédito Oficial and other entities on behalf of the Spanish Ministry of Economy. She has been executive chairman of Sociedad de Gestión de Activos procedentes de la Reestructuración Bancaria, S.A. (SAREB).

José María is a financial economist with extensive experience in the public and private sectors of the economy. He is currently a partner at Altamar Capital Partners where he is dedicated to the management of Altamar Credit and the management of corporate debt investment funds. Additionally, at Altamar, he is a member of the Investment Committee of an investment fund of venture capital biotech company, Alta Life Sciences I. Since April 2017, he has been a member of the Board of Directors of the Human Vaccines Project (http://www.humanvaccinesproject.org/) and serves on the Council of the Association of State Commercial Technicians and Economists, which he chaired from 2003 to 2005.

Previously, much of his career has been spent in the public sector where he has held positions of varying responsibility, including his service as Director General of the Treasury of the Ministry of Economy and Competitiveness between 2014 and 2016. In the academic field, Jose Maria dedicated almost 4 years of his life to research at MIT on financial engineering models applied to the fight against cancer and other diseases. Jose Maria was Managing Director in the debt markets area of Credit Agricole CIB in London between 2006 and 2008, and has also been a member of the Board of Directors of the European Investment Bank, a member of the Board of Directors of CESCE and a consultant to the World Bank.

José María holds a degree in Business Administration from the Massachusetts Institute of Technology (MIT), a Master in Finance from the London Business School, a Master in Portfolio Management from the Instituto de Estudios Bursátiles and a degree in Economics and Business Administration from CUNEF.

Alberto Ibáñez González has developed a long professional career in international financial institutions and in particular has been responsible for Salomon Brothers Investment Bank in Iberia and President of Citigroup in Spain and Portugal until 2010. Subsequently, he has been a member of the Advisory Boards of Royal Bank of Scotland in Spain, KPMG Spain and a member of the Advisory Board of Citigroup in the EMEA region.

He has also been a member of the Board of Directors as proprietary director of Inmobiliaria Colonial and independent director of Bankia.

He is currently a member of the Advisory Board of the Rafael del Pino Foundation.

Iñaki Berenguer is a scientist turned technology entrepreneur.

He is currently a Managing Partner at LifeX Ventures, a $100M fund based in NYC that invests in Software and Artificial Intelligence companies that extend the lives of people and the planet.

Iñaki has been founder and CEO of 3 tech companies in NYC: CoverWallet (500+ employees, $100M+ turnover and acquired by Aon in 2020 for $300M), Contactive (acquired by Fuze), and Pixable (acquired by SingTel in 2012). He previously worked at McKinsey & Company and Microsoft Corporate Strategy (Redmond). He has also been a Crown Fellow at the Aspen Institute.

Iñaki obtained a Masters and PhD in Engineering from the University of Cambridge and an MBA from the Massachusetts Institute of Technology (MIT) with a scholarship from the Rafael del Pino Foundation.

He has also been a Fulbright scholar for 2 years at Columbia University.

He holds a degree in Economics and Business Studies from the UAM and a PhD from the Faculty of Law at the UCM. D. from the Faculty of Law of the UCM, he is a member of the Cuerpo Superior de Técnicos Comerciales y Economistas del Estado and of the European Academy of Sciences and Arts of Salzburg. Officer of the Order of Isabel La Católica, Leão de Oro de la República de Angola (AIA), I Premio de Ensayo Casa África and Medalla al mérito de la Guardia Civil con distintivo blanco. He is Director of the Rafael del Pino Foundation, Vice-President of the Spanish Association of Foundations, Patron of the NGO AMREF Salud África,

Founder and President of Liberdom and member of the Editorial Board of ICE. His previous professional activities include: Vice-President of the Spanish Network of the United Nations Global Compact; President of the Association of TCEE; Chief Economic and Commercial Counsellor at the Spanish Embassies in Angola, Namibia, Congo, D.R. Congo, Sao Tome and Principe and Zambia; Director of Division of ICEX; and Deputy Director General of the Court for the Defence of Competition. He has been Professor of Economic Analysis at the Universidad Carlos III de Madrid and President of the Economic Sciences Section of the Ateneo de Madrid.

INVESTMENT ADVISORY COMMITTEE

Daniel Lacalle is PhD in Economics, Chief Economist at Tressis S.V., professor of Global Economics at IE and IEB and investment fund manager. He holds a degree in Business Administration from the Universidad Autónoma de Madrid and a PhD Cum Laude from the Universidad Católica de Valencia. He holds a CIIA international financial analyst degree and a postgraduate degree from IESE, University of Navarra.

He is President of the Mises Hispanic Institute, member of the Advisory Board of the Rafael del Pino Foundation and of ORFIN. He is also a member of the Academic Council of the International Freedom Foundation (FIL). His career in portfolio management and investment began at the hedge fund Citadel and continued at Ecofin Ltd. and PIMCO, in the US and London.

He is ranked number 5 in the Richtopia 2020 ranking of the world's most influential economists. He has been voted for five consecutive years among the top three managers in the Extel Survey, the Thompson Reuters ranking in the general strategy, oil and power categories.

He writes a weekly column in El Español, and contributes monthly to CNBC and Bloomberg TV, as well as Antena 3, Cuatro, Telecinco, BBN Times, World Economic Forum, Hedge Eye, Epoch Times and Mises Wire, among others.

Daniel Lacalle is the author of books on economics translated into several languages, including: "We the Markets", "Journey to Economic Freedom", "The Great Trap", "Freedom or Equality", and the latest, "Make Your Money Grow" (Deusto, 2022).

José María is a financial economist with extensive experience in the public and private sectors of the economy. He is currently a partner at Altamar Capital Partners where he is dedicated to the management of Altamar Credit and the management of corporate debt investment funds. Additionally, at Altamar, he is a member of the Investment Committee of an investment fund of venture capital biotech company, Alta Life Sciences I. Since April 2017, he has been a member of the Board of Directors of the Human Vaccines Project (http://www.humanvaccinesproject.org/) and serves on the Council of the Association of State Commercial Technicians and Economists, which he chaired from 2003 to 2005.

Previously, much of his career has been spent in the public sector where he has held positions of varying responsibility, including his service as Director General of the Treasury of the Ministry of Economy and Competitiveness between 2014 and 2016. In the academic field, Jose Maria dedicated almost 4 years of his life to research at MIT on financial engineering models applied to the fight against cancer and other diseases. Jose Maria was Managing Director in the debt markets area of Credit Agricole CIB in London between 2006 and 2008, and has also been a member of the Board of Directors of the European Investment Bank, a member of the Board of Directors of CESCE and a consultant to the World Bank.

José María holds a degree in Business Administration from the Massachusetts Institute of Technology (MIT), a Master in Finance from the London Business School, a Master in Portfolio Management from the Instituto de Estudios Bursátiles and a degree in Economics and Business Administration from CUNEF.

Alberto Ibáñez González has developed a long professional career in international financial institutions and in particular has been responsible for Salomon Brothers Investment Bank in Iberia and President of Citigroup in Spain and Portugal until 2010. Subsequently, he has been a member of the Advisory Boards of Royal Bank of Scotland in Spain, KPMG Spain and a member of the Advisory Board of Citigroup in the EMEA region.

He has also been a member of the Board of Directors as proprietary director of Inmobiliaria Colonial and independent director of Bankia.

He is currently a member of the Advisory Board of the Rafael del Pino Foundation.

Director General of the IESE International Foundation and Chairman of the Investment Committee of the IESE Business School. An expert in endowment management, he has written 'Gestión de Patrimonios' (Planeta-Deusto, 2022) on the investment of institutional and family funds. He also has extensive experience in fundraising and other areas of institutional development in Germany, Spain, Great Britain, Israel, Italy and the United States.

He has an extensive career in governance in higher education institutions. Prior to joining IESE as General Administrator in 2007, he worked as Manager of the International University of Catalonia, and previously in similar positions at the Euro-Arab Management School and the Università Santa Croce in Rome.

A graduate in Physics from the University of Valencia, he has completed a General Management Programme at IESE and specialised courses on financial management and investment at prestigious international schools such as Harvard Business School, The Wharton School, Yale School of Management, Stanford Graduate School of Management and London Business School.

He holds a degree in Economics and Business Studies from the UAM and a PhD from the Faculty of Law at the UCM. D. from the Faculty of Law of the UCM, he is a member of the Cuerpo Superior de Técnicos Comerciales y Economistas del Estado and of the European Academy of Sciences and Arts of Salzburg. Officer of the Order of Isabel La Católica, Leão de Oro de la República de Angola (AIA), I Premio de Ensayo Casa África and Medalla al mérito de la Guardia Civil con distintivo blanco. He is Director of the Rafael del Pino Foundation, Vice-President of the Spanish Association of Foundations, Patron of the NGO AMREF Salud África,

Founder and President of Liberdom and member of the Editorial Board of ICE. His previous professional activities include: Vice-President of the Spanish Network of the United Nations Global Compact; President of the Association of TCEE; Chief Economic and Commercial Counsellor at the Spanish Embassies in Angola, Namibia, Congo, D.R. Congo, Sao Tome and Principe and Zambia; Director of Division of ICEX; and Deputy Director General of the Court for the Defence of Competition. He has been Professor of Economic Analysis at the Universidad Carlos III de Madrid and President of the Economic Sciences Section of the Ateneo de Madrid.

en_GB