Román Escolano Olivares (born in Zaragoza, 1965) is a Spanish economist. He was Minister of Economy, Industry and Competitiveness of Spain in 2018 for 3 months until the approval of the motion of no-confidence against Rajoy. He was also vice president of the European Investment Bank between 2014 and 2018.
Román Escolano | |
|---|---|
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| Minister of Economy, Industry and Competitiveness | |
| In office 7 March 2018 – 1 June 2018 | |
| Prime Minister | Mariano Rajoy |
| Preceded by | Luis de Guindos |
| Succeeded by | Nadia Calviño Economy Reyes Maroto Industry |
| Vice President of the European Investment Bank | |
| In office 1 September 2014 – 7 March 2018 | |
| Preceded by | Magdalena Álvarez |
| Succeeded by | Emma Navarro |
| President of the Official Credit Institute | |
| In office 5 January 2012 – 29 August 2014 | |
| Prime Minister | Mariano Rajoy |
| Preceded by | José María Ayala Vargas |
| Succeeded by | Irene Garrido Valenzuela |
| Personal details | |
| Born | 1965 (age 58–59) Zaragoza, Spain |
| Political party | People's Party |
| Alma mater | Autonomous University of Madrid |
Biography
editBorn in 1965 in Zaragoza, in northeastern Spain, Escolano worked at the EIB since 2014. At EIB, Escolano was part of the Management Committee, the body responsible for designing the bank's financial and loan policies and managing its daily activity. He was responsible for supervising the operations and activities of the EIB in Spain, Portugal, the Maghreb countries and Latin America. Internally, he monitored different control functions such as Risk Management and the application of best banking practices. He was also the chairman of the Supervisory Board of the Marguerite Fund, a pan-European venture capital fund.[1]
Prior to that, Escolano headed the Spanish Official Credit Institute from 2012 to 2014. He also served as chief economic adviser to the then-Prime-Minister Jose Maria Aznar from 2000 to 2004. He worked in the private sector as Director of Institutional Relations of the BBVA bank.[2]
In March 2018, he was appointed Minister of Economy, Industry and Competitiveness by Prime Minister Rajoy. He was forced out of office after the approval of the motion of no-confidence in the Rajoy's government.
Other activities
editEuropean Union organizations
edit- European Investment Bank (EIB), Ex-Officio Member of the Board of Governors (2018)[3]
- European Stability Mechanism, Member of the Board of Governors (2018)[4]
International organizations
edit- Central American Bank for Economic Integration (CABEI), Ex-Officio Member of the Board of Governors (2018)[5]
- European Bank for Reconstruction and Development (EBRD), Ex-Officio Member of the Board of Governors (2018)[6]
- Inter-American Investment Corporation (IIC), Ex-Officio Member of the Board of Governors (2018)[7]
- International Monetary Fund (IMF), Ex-Officio Member of the Board of Governors (2018)[8]
- Multilateral Investment Guarantee Agency (MIGA), World Bank Group, Ex-Officio Member of the Board of Governors (2018)[9]
- World Bank, Ex-Officio Member of the Board of Governors (2018)[10]
Personal life
editSee also
editReferences
edit- ^ Board of Governors: Román Escolano European Stability Mechanism.
- ^ Madrid, Efe. "El zaragozano Román Escolano, vicepresidente del Banco Europeo de Inversiones". heraldo.es. Retrieved 2018-03-07.
- ^ Board of Governors European Investment Bank (EIB).
- ^ Board of Governors: Román Escolano European Stability Mechanism.
- ^ Board of Governors Central American Bank for Economic Integration (CABEI).
- ^ Board of Governors European Bank for Reconstruction and Development (EBRD).
- ^ Board of Governors Archived 2018-11-04 at the Wayback Machine Inter-American Investment Corporation (IIC).
- ^ Members International Monetary Fund (IMF).
- ^ Board of Governors Multilateral Investment Guarantee Agency (MIGA), World Bank Group.
- ^ Board of Governors World Bank.
- ^ Reuters Editorial. "Spain names EIB's Roman Escolano as new economy minister". U.K. Archived from the original on March 7, 2018. Retrieved 2018-03-07.
{{cite news}}:|author=has generic name (help) - ^ "Rajoy Names EIB Vice President Román Escolano As Spain's New Economy Minister". The Spain Report. Retrieved 2018-03-07.