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Jaime Caruana, Former Bank of Spain Governor, Joins IESE Faculty

Global policymaker brings decades of experience in financial markets

October 08, 2018

Jaime Caruana, a former governor of the Bank of Spain and leading policymaker in the global financial sector, has joined the faculty of IESE.

Caruana, who was governor of the Bank of Spain from 2000 to 2006, has been appointed senior lecturer in IESE’s Economics Department.

Caruana brings to IESE decades of experience in global finance – both in the public and private spheres. Currently an independent director on the board of Spanish banking group BBVA, he served as the general manager of the Bank for International Settlements from 2009 to 2017. Prior to that, he worked in the Monetary and Capital Markets Department of the International Monetary Fund.

As governor of the Bank of Spain, Caruana served on the Governing Council of the European Central Bank, and was chairman of the Basel Committee on Banking Supervision from 2003 to 2006.

He has been a member of the Financial Stability Forum (now the Financial Stability Board), a group of global officials working to promote international financial stability, since 2003. He is also a member of the Group of Thirty.

Prior to joining the Bank of Spain, Caruana worked in the private financial sector for nearly 10 years. He holds a MSc in Telecommunications Engineering from the Universidad Politécnica de Madrid.