Román Escolano Explained

Román Escolano
Honorific Prefix:The Most Excellent
Office:Minister of Economy, Industry and Competitiveness
Primeminister:Mariano Rajoy
Term Start:7 March 2018
Term End:1 June 2018
Predecessor:Luis de Guindos
Office1:Vice President of the European Investment Bank
Term Start1:1 September 2014
Term End1:7 March 2018
Predecessor1:Magdalena Álvarez
Successor1:Emma Navarro
Office2:President of the Official Credit Institute
Primeminister2:Mariano Rajoy
Term Start2:5 January 2012
Term End2:29 August 2014
Predecessor2:José María Ayala Vargas
Successor2:Irene Garrido Valenzuela
Birth Place:Zaragoza, Spain
Party:People's Party
Alma Mater:Autonomous University of Madrid

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.

Biography

Born 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

European Union organizations

International organizations

Personal life

Escolano is married and has three children.[11] [12]

See also

Notes and References

  1. https://www.esm.europa.eu/content/rom%C3%A1n-escolano Board of Governors: Román Escolano
  2. Web site: El zaragozano Román Escolano, vicepresidente del Banco Europeo de Inversiones. Madrid. Efe.. heraldo.es. 2018-03-07.
  3. http://www.eib.org/about/governance-and-structure/statutory-bodies/board_of_governors/index.htm Board of Governors
  4. https://www.esm.europa.eu/content/rom%C3%A1n-escolano Board of Governors: Román Escolano
  5. https://www.bcie.org/en/about-us/organizational-structure/governors/ Board of Governors
  6. http://www.ebrd.com/shareholders-and-board-of-governors.html Board of Governors
  7. http://www.iic.org/en/who-we-are/board-governors Board of Governors
  8. http://www.imf.org/external/np/sec/memdir/members.aspx Members
  9. http://siteresources.worldbank.org/BODINT/Resources/278027-1215526322295/MIGAGovernors.pdf Board of Governors
  10. http://siteresources.worldbank.org/BODINT/Resources/278027-1215526322295/BankGovernors.pdf Board of Governors
  11. News: Spain names EIB's Roman Escolano as new economy minister. Reuters Editorial. U.K.. 2018-03-07. en-GB.
  12. Web site: Rajoy Names EIB Vice President Román Escolano As Spain's New Economy Minister. The Spain Report. 2018-03-07.