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Economist Luis de Guindos, a professor at IE Business School and director of the PwC and IE Business School Centre for the Finance Sector, has been appointed as the Spanish government’s minister of finance and competitiveness.

This is not his first political appointment. Previously, Prof de Guindos was secretary of state for the economy under prime minister José María Aznar. In the commercial sector he was also president of Lehman Brothers for Spain and Portugal.

In academia he taught on IE’s senior management programmes as well as being director of the Centre for the Finance Sector, which examines the challenges facing the Spanish and international finance sector, including new regulations and monitoring, from February 2010.

“IE Business School is very proud that one of our prominent experts has been appointed Finance Minister for Spain’s new government”, says Santiago Íñiguez de Onzoño, dean of IE Business School.

www.ie.edu

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