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Economy, Finance, Government/Foreign Direct Investment

FT Spain Summit 2015

Madrid |
Speakers include:
Tobias Buck

Tobias Buck

Financial Times

Miles Johnson

Miles Johnson

Financial Times

Mark Hall

Mark Hall

HSBC Spain


'A New Era for Productivity'

The Financial Times returned to Madrid for its second annual Spain Summit, which brought together government leaders, heads of industry, policy-makers and international investors to assess the country’s political and economic outlook within a European and global context.  

Following a rapid economic turnaround last year, Spain now has the fastest expected growth rate out of all eurozone countries for 2015. The hope is for the recovery to be self-reinforcing, but unemployment is still high despite improvements in the labour market and a deepening social crisis shows that the economic recovery does not yet fully resonate with the whole population. Mobilising the country’s youth, increasing productivity, and lowering budget deficit remain top priorities.

In the build-up to the general election and with the prospect of a Catalan referendum lying ahead, how do political leaders plan to address Spain’s most pressing economic and political concerns? How can Spain build its resilience in the face of wider economic developments, and what action can government and industry leaders take to ensure long-term growth and productivity?

fallback Add to my Calendar 10/15/2015 08:20:0010/15/2015 17:45:00trueFT Spain Summit 2015'A New Era for Productivity'The Financial Times returned to Madrid for its second annual Spain Summit, which brought together government leaders, heads of industry, policy-makers and international investors to assess the country’s political and economic outlook within a European and global context.  Following a rapid economic turnaround last year, Spain now has the fastest expected growth rate out of all eurozone countries for 2015. The hope is for the recovery to be self-reinforcing, but unemployment is still high despite improvements in the labour market and a deepening social crisis shows that the economic recovery does not yet fully resonate with the whole population. Mobilising the country’s youth, increasing productivity, and lowering budget deficit remain top priorities.In the build-up to the general election and with the prospect of a Catalan referendum lying ahead, how do political leaders plan to address Spain’s most pressing economic and political concerns? How can Spain build its resilience in the face of wider economic developments, and what action can government and industry leaders take to ensure long-term growth and productivity?FT-Spain-Summit-2015a00f67109bf9604ed2e1aba7fa86db1cMM/DD/YYYY


Tobias Buck

Tobias Buck

Madrid Bureau Chief
Financial Times

Tobias Buck is the Madrid Bureau Chief for the Financial Times. Before moving to Madrid, he was the Jerusalem correspondent since 2007. Previously, Mr Buck was the EU Correspondent since 2004 and the FT’s Brussels Correspondent in 2003 covering agriculture, trade and competition. He joined the FT in 2002 as a graduate trainee. In 2001, he graduated in Law from Berlin University. Mr Buck has received many awards including 2003 Britain’s Foreign Press Association Young Journalist of the Year, the 2003 Harold Wincott Foundation Young Financial Journal-ist of the Year and the British Press Awards’ Business and Finance Writer of the Year.

Miles Johnson

Miles Johnson

Rome Correspondent
Financial Times

Miles Johnson is the FT’s Rome Correspondent. In over a decade working at the FT he has previously held roles as Capital Markets Editor, Investment Editor and Hedge Fund Correspondent in London. He has also reported on the European debt crisis as Madrid Correspondent and on finance from New York


Mark Hall

Mark Hall

Chief Executive Officer
HSBC Spain

Mark Hall has  spent  his  entire career in banking and joined HSBC in Spain ten years  ago  to  run  their  Financial  Institution  franchise  in Spain and Portugal. He was  promoted to the role of Chief Executive Officer in 2012. Prior to this he spent three years in the Caixabank group in Madrid and 17 years at JP Morgan in various roles in London, Madrid and New York. Mr Hall has an MA in Geography from Oxford University. HSBC Bank plc has had presence in Spain since 1981 and provides corporate and investment banking solutions to its customers operating in Iberia. 

Carmen Vela Olmo

Carmen Vela Olmo

Secretary of State for Research, Development and Innovation
Government of Spain

Carmen Vela has held the position of Spanish State Secretary for Research, Development and Innovation since January 2012. Before her election, she was Chief Executive Officer at INGENASA, a Madrid-based biotechnology company dedicated to animal health. Dr Vela Olmo is a biochemist with more than 30 years’ experience in immunology, virology and related fields. She is the author of numerous publications and patents granted in Europe and the US. She was a member of the Advisory Group of PEOPLE; a member of the External Advisory Committee of EUREKA; and President of the Spanish Society for Biotechnology.

Jesús Pascual

Jesús Pascual

Chief Executive Officer
Grupo Antolin

Jesus Pascual became Chief Executive Officer of Grupo Antolin in 2015. Before this he was Chief Operations Officer from 2013 to 2015. He drove the acquisition and integration of Magna Interiors, which led the company to double its size, reaching sales of more than 4 billion and a workforce of 28, 000 in 26 countries. Earlier roles at Grupo Antolin included Director of Overheads System Business Unit (2005-2013), Director of Grupo Antolin Península Ibérica (2003-2005) and General Manager of Grupo Antolin IGA in France (2000-2003). Prior to this he drove the launch of Grupo Antolin’s operations in Puebla and Hermosilla, Mexico. Mr Pascual trained as an Industrial Engineer and holds an MBA.

Luis De Guindos Jurado

Luis De Guindos Jurado

Minister of Economy and Competitiveness
Government of Spain

Luis de Guindos Jurado is Minister of Economy and Competitiveness for the Government of Spain. Prior to this he was the Secretary of State for Economic Affairs, responsible for economic, competition and financial policy as well as the regulation and supervision of the insurance sector. He has held a number of senior posts in the Ministry of Economy and Finance, including Secretary General for Economic and Competition Policy.

Mr de Guindos was Head of the Delegation to the ECOFIN Council during the Spanish Presidency of the EU and Head of the Spanish Delegation to Economic Policy Committee of the OECD. He has significant private sector experience, having been Chief Executive Officer of AB Asesores, Chief Executive Officer for Spain & Portugal for Lehman Brothers and for Nomura Securities, and Senior Partner at PricewaterhouseCoopers, responsible for Financial Services. He has been the Director of the Centre for Finance of PwC and IE Business School, a Board Member of Endesa, S.A, Endesa Chile, Unedisa, Logista, and BMN.

He holds a BSc (Hons) from CUNEF and a PhD in Economics from the Complutense University of Madrid.

Jose Luis Bonet Ferrer

Jose Luis Bonet Ferrer

President, Chamber of Commerce, Industry, Services and Navigation of Spain; Chairman,

José Luis Bonet Ferrer has been the President of the Official Chamber of Commerce, Industry, Services and Navigation of Spain since November 2014. He is the Chairman of Freixenet, a position that he has held since 1999.
Mr Bonet Ferrer also serves as the Chairman of several organisations: he is Chairman of the Board of FIRA Internacional de Barcelona since 2004; Chairman of AMRE (Association of Renowned Spanish Brands) and Chairman of the Renowned Spanish Brands Forum Foundation since 2002; Chairman of the Association for Promoting Agricultural Development since 2002; and Chairman of “Alimentaria de Barcelona” since 2000 during the editions of 2002, 2004, 2008, 2010, 2012 and 2014. Previously he was Chairman of UCEVE (Union of Growers and makers of Sparkling wine) from 1986 to 1994; President of the Regulatory Council of the Cava Designation of Origin from 1993 to 1996; Chairman of “Salón Intervin” (Food) from 1994 to 1996; Chairman of the Asociación de Desarrollo de la Dieta Mediterránea (Association or Development of the Mediterranean Diet); President of the Spanish Delegation of the Spanish-Korea Tribune since 2012; Chairman of ANDEMA (National Association for the Defence of Brands) from 1998 to August 2014; Chairman of FIRA 2000, S.A., from March 2004 to April 2014; and Director of the Board of the Spanish Wine Federation. He was Chairman from 2000 to 2003 and 2nd Vice-Chairman from 2003 to 2006. He was President of the Bilateral Spanish-Japanese Committee of Chambers of Commerce from 2003 to 2012.
He is a Doctor of Law and graduated cum laude from the University of Barcelona. He has a degree in Law from the University of Barcelona. He was a professor without tenure in the Politics and Public Treasury professorship at the Faculty of Law in Barcelona from 1963 to 1969, and a full professor of Political Economy and Public Treasury at the Faculty of Law at the University of Barcelona from 1984 to 2012.

Fernando Restoy

Fernando Restoy

Deputy Governor
Banco de España

Fernando Restoy was appointed Deputy Governor of Banco de España in June 2012. Much of his career has been pursued in Banco de España, which he joined in 1991. Most recently he was Director of the Bank’s Monetary and Financial Studies Department, having previously been Deputy Director. Before that he was Principal Economist.

From 1995 to 1997, Mr Restoy was an economic adviser at the European Monetary Institute, heading their monetary policy implementation section. He has lectured in Financial Economics at the Carlos III and Complutense Universities in Madrid. In the academic field, he has also authored numerous reports, chapters and articles on monetary policy and financial economics that have been published in Spanish and foreign journals.

He is Chairman of the Governing Committee of the FROB (the Spanish Fund for the Orderly Restructuring of the Banking Sector) and of the Deposit Guarantee Fund, and is an ex officio member of the CNMV (Spanish National Securities Market Commission) Board. Since January 2014 he is also a member of the Supervisory Board of the Single Supervisory Mechanism at the European Central Bank. He has worked in the realm of public institutions for his entire career. From 2008 to 2012 he was first a member and later Vice-President of the CNMV Board. In this capacity, he sat on Banco de España’s Governing Council, and was also a member of the Board of Directors of ESMA, Deputy-Chairman of the IOSCO Technical Committee, a member of the Supervisory Board of the IFRS Foundation and an IOSCO representative on the Financial Stability Board.

Mr Restoy graduated in Economics and Business Studies from the Complutense University in Madrid. He holds an MSc in Econometrics and Mathematical Economics from the London School of Economics, and an MA and PhD in Economics from Harvard University.

Eugenia  Bieto

Eugenia Bieto

Director General

Eugenia Bieto is Director General of ESADE and an Associate Professor in ESADE’s Department of Strategy and General Management.

Among other positions held at ESADE, she has been Corporate Deputy Director General between 2005 and 2010, and Founder Director of the ESADE Entrepreneurship Institute from 1997 to 2008.  She has collaborated with various companies and two Spanish regional administrations in developing an entrepreneurial business culture and setting up economic development and/or innovation programmes.


Dr Bieto is currently a Member of the Executive Board of Ramon Llull University, the Board of Consultants to the BBVA in Catalonia, the Board of Trustees to European Federation for Management Development, (EFMD), the Strategic Board to the Community of European Management Schools (CEMS), the International Advisory Board to HEC Paris, and the International Advisory Board to the University of St. Gallen, Switzerland.


She holds a PhD from ESADE-Ramon Llull University, a degree in Business and an MBA from ESADE and the UPC Polytechnic of Catalonia. Additionally, she has written and co-authored various articles, papers and book chapters on entrepreneurship and innovation.

Javier Díaz Giménez

Javier Díaz Giménez

Professor of Economics

Javier Díaz-Giménez's recent work studies focus in understanding the macroeconomic consequences of fiscal policy and pension system reforms. He is a prolific researcher, having published an important number of articles in some of the world’s leading academic journals including the Journal of Political Economy or the Journal of Monetary Economics. His research has been often awarded with prestigious academic recognitions such as the Sloan Foundation Grant on Open Economies and Macroeconomics and the Fulbright-Hays Scholarship. Prof. Díaz-Giménez has consulted for the Spanish Ministry of Industry and, very briefly, for the Economic Bureau of the President of Spain.

Andreu  Mas-Colell

Andreu Mas-Colell

Minister of Economy and Knowledge of the Government of Catalonia
Universitat Pompeu Fabra

Andreu Mas-Colell is Professor of Economics at the Universitat Pompeu Fabra, Barcelona and is presently Minister of Economy and Knowledge of the Government of Catalonia. He has formerly been Professor of Economics at Harvard University (1981-96), Professor of Economics and Mathematics at the University of California, Berkeley (1972-80) and Chairman of the Barcelona Graduate School of Economics (2006-2010). He was the main Editor of the Journal of Mathematical Economics (1985-89), and of Econometrica (1988-92).


Mr Mas-Colell was General Secretary of the European Research Council from 2009 to 2010 and was an elected member of the Academia Europaea in 2009. In 2006 he served as President of the European Economic Association. He was a Guggenheim Fellow from 1985 to 1986 and a Sloan Fellow from 1978 to 1980.  In 1997 he became Foreign Associate to the US National Academy of Sciences and Foreign Honorary Member of the American Economic Association. He was the President of the Econometric Society in 1993. Mr Mas-Colell holds several Honoris Causa Doctorates and has received the Rey Juan Carlos I Prize in Economics (1988), and the Premio Fundación BBVA–shared with H. Sonnenschein (2009).


He is the author of The Theory of General Economic Equilibrium: A Differentiable Approach (Cambridge University Press, 1985) and co-author with M. Whinston and J. Green, of the graduate textbook Microeconomic Theory (Oxford University Press, 1995). 

Luis  Garicano

Luis Garicano

Professor of Economics and Strategy
London School of Economics

Luis Garicano is Programme Director for the MSc Economics and Management programme at the London School of Economics. He joined LSE in 2007, initially as Director of Research in the Department of Management. He has also worked as an economist for the Commission of the European Union and has been involved in efforts to promote structural reforms in the Spanish economy. In particular he has co-authored proposals to reform the labour markets, housing markets, and the pension and health systems. He wrote a best selling book on these reforms El Dilema de Espana, (Destino 2014).

Mr Garicano joined the faculty of the University of Chicago Booth School of Business in 1998 as Assistant Professor, progressing to Associate Professor in 2002 and full Professor in 2006. During his time at Chicago Booth he took leave to teach at the Sloan School of Management at the Massachusetts Institute of Technology (MIT), as well as London Business School. He holds two bachelor's degrees, one in Economics and one in Law, both from the University of Valladolid in Spain. He also has a Master's degree in European Economic Studies from the College of Europe in Belgium, and a Master's and PhD, both in Economics, from the University of Chicago.

Miguel Arias

Miguel Arias

Chief Operating Officer

Miguel Arias has over 12 years of experience in building technology-based start-ups with a global reach. His role has covered a range of tasks and challenges, from the vision and strategy definition to product management, with special dedication to start-up funding and investor relations. As Chief Operating Officer at CartoDB, he is currently leading the sales, financial, and operational efforts from its Madrid and New York offices, directing the company's growth and scaling-up. He co-founded IMASTE, the leading virtual environments and webcasts platform in Europe, until its acquisition in June 2012 by ON24, Inc., a Silicon Valley-based multinational. He then managed the integration process between IMASTE and ON24, Inc., as EMEA Sales Director. He also co-founded MULTIVENT, an innovative events agency with focus on university career fairs in Spain.

Mr Arias loves to teach and share experiences as a start-up mentor, advisor, and entrepreneurship professor at the IE Business School, Telefonica's Wayra Academy, and Seedrocket. Trying to enhance the Spanish entrepreneurial ecosystem, he co-founded and presides over Chamberi Valley, the main Madrid-based networking initiative for start-ups with over €1 million revenue or €1 million  in investment. He writes his thoughts about entrepreneurship at

Fernando Fernández

Fernando Fernández

Professor of Economics
IE Business School

Fernando Fernández is a Professor of Economics at IE Business School. He is an active international consultant on macroeconomic, regulatory and financial issues, and currently sits as a non-executive member of the boards of Bankia and Red Eléctrica. 

He has recently been affiliated with the Breugel Institute as a member of the Review Task Force 2011-13, and with the European Court of Auditors in the 2014 Performance Audit of the Financial Assistance Programs of the EU. He was also a member of the Expert Committee for the Reform of the Spanish Tax System in 2014. Previously he has worked as Global Chief Economist for Santander and Senior Economist at the International Monetary Fund. In his past experience as a full time academic he served as Rector (vice Chancellor) of Nebrija University and European University in Madrid.

Dr Fernández has numerous papers and publications on academic and regular journals and is a frequent economic analyst on major radio and television networks, as well as guest speaker at national and international conferences and workshops. Since the start of the euro crisis in 2010, he has been Director of the Annual Review of the Euro, a yearly book edited by the Foundation for Financial Research (FEF) and Fundación ICO. He has a PhD in Economics.

Charlotte Fraser-Prynne

Charlotte Fraser-Prynne

Chief Executive Officer
International Policy Group

Charlotte Fraser-Prynne is Chief Executive Officer of International Policy Group (IPG), a public affairs and corporate reputation consultancy firm that brings government and business together to generate mutually beneficial relationships. She has worked with several large corporations in the finance, energy, utilities and pharmaceutical sectors, among others, as well as with governments all over the globe.


IPG has close relationships with business schools and other educational institutions such as LSE and the IE Business School, where Ms Fraser-Prynne has acted as a guest lecturer on public affairs. She has given evidence to the Higher Education Parliamentary Committee and is committed to incorporating educational opportunities into business-government relationships in Spain. Additionally, IPG advises large multi-national corporations in Spain on young people´s careers, involvement and educational programmes.


Before founding IPG, Ms Fraser-Prynne had leading roles in government relations at UNICEF and Shelter, and held the position of National Director of the British Chamber of Commerce in Spain.

Juan María  Vázquez Rojas

Juan María Vázquez Rojas

Secretary General for Universities
Government of Spain

Juan María Vázquez is Secretary General for Universities for the Government of Spain. Prior to this he was General Director for Research (2012-2014) at the Ministry of Economy and Competitiveness and he participated in the Spanish Strategy for R&D and Innovation 2012-2020. He is Executive Secretary of the R&D Group with the Conference of Rectors of Spanish Universities. Previously Mr Vázquez was Vice-chancellor of Research at the University of Murcia (2006-20012) and General Coordinator of Project Campus Mare Nostrum (Campus of International Excellence Program),  involving the Universities of Murcia and Cartagena as well as the Higher Council for Scientific Research, among others. He completed his PhD in Veterinary Science at the University of Murcia in 1991. As Professor of Animal Medicine and Surgery at the University of Murcia he has led 20 research projects and is co-author of 150 papers and two families of patents.

Jaime  García-Legaz Ponce

Jaime García-Legaz Ponce

Secretary of State for Trade
Government of Spain

Jaime García-Legaz Ponce is Secretary of State for Trade and President of ICEX (Spanish Entity for external trade and investment).


He has been an economist at the Research Department of the Bank of Spain; deputy Director-General of the Public Debt Department at the Treasury of the Ministry of Economy and Finance; Economic Advisor to the Prime Minister; Cabinet Director of the Secretary of State for Telecommunications; Director-General of Education and Welfare at the Prime Minister’s Office; Director-General of Statistics of the Community of Madrid; and Director of Economics and Public Policy and Secretary-General at the FAES Foundation. From 2008 to 2012 Mr García-Legaz was Member of Parliament for Murcia and Secretary of the Economy and Finance Committee of the Congress of Deputies.


Mr García-Legaz has been Professor of Political Economy at the Complutense University of Madrid, Professor of International Economics at the Autonomous University of Madrid, Professor at the School of Public Finance, Professor at CECO (Ministry of Economy and Finance), Professor at the European University of Madrid. Additionally, he was been Professor of the Master in Public Management program at the University CEU-San Pablo, of the Master in Finance at CUNEF, of the Executive MBA program at the Universidad Pontificia de Comillas-ICADE, and coordinator of the Department of Political Ethics and Humanities at the University of San Antonio in Murcia, among others.


He has published over twenty scientific papers in Spanish and American Journals, and is co-author of the book A case for an open Atlantic Prosperity Area, published in 2006. He graduated in Economics from CUNEF (Universidad Complutense de Madrid) and gained the status of ‘State Economist and Trade Expert’ of the Spanish Administration in February 1994, being the second of the year.

Íñigo  Gómez-Jordana

Íñigo Gómez-Jordana

Senior Partner
DLA Piper Spain

Iñigo Gomez Jordana has over 25 years’ experience advising on capital markets transactions, including debt and equity, and in corporate finance and corporate transactions, especially in cross-border mergers & acquisitions and take-overs. He has taken part in some of the largest transactions arranged in Spain over the last years in these areas.  Before joining DLA Piper, Mr Gomez Jordana worked at Allen & Overy as Senior Partner (2014) and previously as Managing Partner and Head of Corporate Finance (2001-2014). Prior to this he was a Partner at Clifford Chance since 1994, having started as an Associate in 1987.

He is a Professor of Corporate Law at the Complutense University of Madrid and is author of over 40research and periodical publications. He is consistently recommended in the major legal directories such as Chambers & Partners, Chambers Global, Legal 500, IFLR 1000 and Best Lawyers. He holds a Law degree from the Complutense University, and a Master’s in International Relations from New York University, an LLM (Master of Laws) from the London School of Economics, and Doctorate Studies in Law from the Complutense University.

Maria  Benjumea

Maria Benjumea

President and Founder
Spain Startup

Maria Benjumea is the President and Founder of Spain Startup, established in 2012. Spain Startup organises The South Summit, the major meeting point for national and international investors, companies and start-ups for entrepreneurship encouragement. Spain Startup searches for the 100 most promising startups from Spain, the Mediterranean and Latin America, to bring together the best talent from early to growth stage from a wide range of industries. Ms Benjumea is also the Founder and Director of Info Empleo, a leading human resources management company based in Madrid. Previously, she was Director General of the Circle of Progress. She is a Member of the Board of Directors of the Circle of Entrepreneurs and a founding member of IWF Spain (the Spanish Association of Women Entrepreneurs). In 2007, she was awarded the Entrepreneur of the Year Prize.

Amuda  Goueli

Amuda Goueli

Co-Founder and Chief Executive Officer

Amuda Goueli co-founded Destinia in 2001. It was the first Spanish travel agency specialising in online hotel reservations. The company now offers 300 000 hotels and 600 airlines, permitting reservations in 32 languages. Destinia was the first European travel agency to accept Bitcoin payments for a wide range of products and to develop a glassware to book hotel with Google Glasses.

Before Destinia, Mr Goueli’s background includes being a Founder Partner of other successful online travel-related portals such as Troovel, Onlinetravel, and Globalclick. His expertise in the field is reflected by Destinia’s success in Europe, where it is one of the top agencies in the market, and has a fast-growing presence in the Middle East, where the company has offices in Cairo and most recently, in Dubai. He tries to use his experience to help other companies, SMEs and entrepreneurs to generate business through digital commerce. His philosophy is “think big and act boldly”.

Mr Goueli was born in no man’s land, in Nubia (Egypt). He was raised in the desert until he was 8 years old, when he moved to Cairo to study. He holds an MBA degree from IE Business School and was designated an Expert Analyst in Tourism by the World Tourism Organisation in 2011. He is also a member of the Management Bodies of the Spanish Association of Digital Economy and the Spanish Travel Agent Union. He is an inveterate entrepreneur and avid traveller.

Iñaki  Ereño

Iñaki Ereño

Chief Executive Officer

Iñaki is Managing Director for Bupa Spain and Latin America. He joined Sanitas in 2005 as General Director of Customers, Marketing and Communications as well as Chairman of the Sanitas Foundation. In 2008 he was appointed Managing Director for Sanitas and has been Managing Director for Spain and Latam since 2012. Prior to joining Sanitas, Mr Ereño held a variety of senior positions at Acerinox, the Telefonica Group and Carrefour. He has a degree in Law and a Diploma in Business Administration from ICADE, an MBA from IESE and an AMP from Wharton Business School.

Juan Francisco Polo

Juan Francisco Polo

Director of Communication and Corporate Responsibility

Juan Franscisco Polo has held several positions in the field of journalism and communication throughout his career. He served as Director of External Relations of the Spanish Red Cross, Communications Adviser of the Board of Andalusia, and gained international experience at the communications agency Burson-Marsteller as Managing Director, where he held positions responsibility in Spain, the US and Latin America. Before joining Ferrovial he was a Partner and Managing Director for the Spanish communications agency Llorente & Cuenca.

Mr Polo has been a member of the board of the European Association of Communication Directors (CDAD), the board of the PAHO (Pan American Health Organization) Foundation in Washington and Founder of the Association of Health Report. Earlier in his career he worked as a journalist in different media, mainly in magazines including Triomphe, the Spanish news Saturday Graph, Ozone and Medical News. He is the autor of two books: La prensa humanitaria en la España contemporánea and La RSC de las grandes empresas españolas con presencia en América Latina.

He is a Professor of Communications at the Complutense University of Madrid, the Institute of Europe and the International School of Communication. He holds a BA in Journalism, a PhD in Communications from the Complutense University of Madrid and a diploma in General Business Administration from the Center for Economic and Commercial Studies (CECO) in Madrid.

Cristóbal Montoro Romero

Cristóbal Montoro Romero

Minister of Finance and Public Administration
Government of Spain

Cristóbal Montoro Romero has been the Minister of Finance and Public Administration since 2011. He was Deputy for Madrid in the new legislature (2008-2011) and Spokesman of Economy of Partido Popular in the Congress of Deputies. He was a Member of the European Parliament for Partido Popular between 2004 and 2008, and sat on the European Parliament's Committee on Economic and Monetary Affairs.  He has been a Member of the National Executive Committee of the Popular Party since 1999. Mr Montoro Romero was Minister of Finance from 2000 to 2004 and Secretary of State for the Economy from 1996 to 2000. He has a Doctorate in Economics and Business Studies from the Autonomous University of Madrid.

Sofía Benjumea

Sofía Benjumea

Google Campus Madrid

Sofia Benjumea is the Head of Campus Madrid, a vibrant, transformative and collaborative community where entrepreneurs and tech start-ups can flourish and grow through meaningful connections, knowledge and unique opportunities. Before joining Google, she was the Founding Partner and Chief Executive Officer of Spain Startup, organising what has become the leading start-up conference in Southern Europe, The South Summit. She holds a BA in International Business Administration, an MA in Journalism from El Pais and an MBA from IE Business School and UCLA's Anderson School of Business. Previously a journalist, she pivoted and returned to Spain with a desire to help build and rebuild by fostering a strong start-up ecosystem.

José Ignacio Conde-Ruiz

José Ignacio Conde-Ruiz


José Ignacio Conde-Ruiz is Deputy Director of the Fundación de Estudios de Economía Aplicada (FEDEA) and Professor at the Universidad Complutense de Madrid. Prior to this he worked in the Prime Minister’s Economic Bureau as General Director for Economic Policy from 2008 to 2010 and also served as External Consultant at the World Bank.

Mr Conde-Ruiz was a member of the expert group appointed by the Ministry of Labour to design the Pension Sustainability Factor and he is one of the expert members of the AVIVA Institute. He has participated in research projects at the European University Institute (Florence); at the Bocconi University (Milan); and at the University Pompeu Fabra (Barcelona). His research interests are Political Economy, Public Economics (labour market institutions and pensions) and Macroeconomics.

He has published scientific articles in academic journals of international standing such as the Review of Economic Studies, the Journal of Economic European Association, the Journal of Public Economics, Economic Theory, the Economic Journal and the Review of Economic Dynamics. He is co-editor and author of a blog about the Spanish economy ( In addition to his he has participated in numerous research projects, seminars and conferences.

Mr Conde-Ruiz holds a PhD (Hons) in Economics from Universidad Carlos III de Madrid.

Joseph Oughourlian

Joseph Oughourlian

Co-Founder and Portfolio Manager
Amber Capital

Joseph Oughourlian is the Co-Founder of Amber Capital, as well as the sole Portfolio Manager for the Amber Global Opportunities Fund, which was launched in 2009. He co-founded Amber Capital in New York in 2005 and the firm grew to establish a strong presence in Europe.


Prior to this Mr Oughourlian managed the Amber Fund at Société Générale from 2001 to 2005, and started raising outside capital in 2003. The Amber Fund had been established in 2001 with seed capital from the bank. He managed a proprietary trading desk of Société Générale in New York from 1997, having previously worked on the US risk arbitrage desk within the bank’s equity derivatives division. Before moving to New York he worked at the bank in Paris, after beginning his career there in 1994.


Mr Oughourlian graduated from the HEC Business School and from IEP (Sciences-Po), both in Paris, and earned his MSc in Economics from Sorbonne in Paris. He is based in Amber Capital’s London office.

Charles  Powell

Charles Powell

Elcano Royal Institute

Charles Powell is Director of the Elcano Royal Institute, Spain’s leading international relations think-tank, since 2012. Dr Powell is also Professor of Spanish Contemporary History at CEU San Pablo in Madrid, and Vice President of the Fundación Transición Española (Foundation for the Study of the Spanish Transition). Previously, he was Deputy Director and Senior Analyst for European affairs at the Elcano Royal Institute, an institution he first joined in 2002. Before that he was Deputy Director of the European Studies programme at the Ortega y Gasset Institute, Madrid. Prior to settling permanently in Spain in 1997, Dr Powell was Lecturer in History at Corpus Christi College (Oxford), J. A. Pye Fellow at University College, Oxford, and Junior Research Fellow at St. Antony’s College, Oxford. He has published six books and dozens of articles on Spanish history, politics and foreign policy, and has lectured in over thirty countries. Dr Powell holds a BA in History and Modern Languages from Oxford University, where he also obtained his D. Phil for a thesis on Spain’s transition to democracy.

Andrés  Rubio

Andrés Rubio

Partner and Head of Spain
Apollo Management International

Andrés Rubio is a Partner in Apollo’s European Principal Finance Fund and member of the management committee of Apollo Management International LLP.  Mr Rubio is Chairman of the Board of Altamira Asset Management, S.L. and is Board Member of EVO Banco S.A. and Avant Tarjeta EFC, S.A.L.  Prior to joining Apollo in 2011, Mr Rubio held a variety of principal investment positions in Asia, Europe and the United States including: (i) advisor and investment committee member for Globalist Capital Management from 2009 to 2011, (ii) Managing Director and Head of Europe, Middle East and Africa for Morgan Stanley Principal Investments from 2006 to 2009, (iii) Managing Director for Cerberus Japan KK, sourcing and executing private investments throughout Asia from 2003 to 2006, and (iv) a senior mergers and acquisitions professional for Morgan Stanley based in New York and Tokyo from 1992 to 2003. Mr Rubio has a BS from Georgetown University’s School of Foreign Service and lives in London.

Pablo  Simón

Pablo Simón

Visiting Professor and Editor
Universidad Carlos III de Madrid and Politikon

Pablo Simón is Visiting Professor at Universidad Carlos III de Madrid and Editor of the non-partisan and non-profit organisation Politikon. Pablo Simón specialises in electoral systems, party systems, fiscal federalism and political participation. He has publications in different academic journals such as Publius: The Journal of Federalism, Acta Politica and Political Studies among others. He also regularly collaborates with Spanish and international mass media as a political science analyst." He has a PhD in Political Sciences from the Pompeu Fabra University in Barcelona and is a former post-doc of Université Libre de Bruxelles, Belgium.

J.Ignacio  Torreblanca

J.Ignacio Torreblanca

Director of the Madrid Office
European Council on Foreign Relations

José Ignacio Torreblanca is the head of ECFR’s Madrid Office and a senior policy fellow at ECFR. He is also a Politics professor at the National University of Distance Education (UNED) in Madrid where he teaches “The Political System of the European Union”. He has been a Fulbright Scholar, a lecturer at the George Washington University in Washington, D.C., and a researcher at the European University Institute in Florence. 


Since 2008 Mr Torreblanca has written a weekly column on international affairs in the printed edition of El País and he is also the author of El País’ Café Steiner blog. In May 2014 he joined El País’ Editorial Council.


His latest books in Spanish are Who Runs Europe? Reconstructing Democracy, Bringing Citizens Back In (2014) and The Fragmentation of European Power (2011). In English, he recently co-authored The Eurosceptic surge and how to respond to it (with Mark Leonard, ECFR 2014) and What is political union? (with Sebastian Dullien, ECFR 2012).


Why Attend?

  • Learn what government and businesses are doing to improve Spain's long term growth and productivity.
  • Network with cross-sector senior business leaders, government representatives, policy makers, academics and subject experts.
  • Assess Spain's future in the context of Europe and on the global stage.
  • Gain critical insights into the key sectors which are driving growth.
  • Hear how Spain's economic and political challenges are being addressed.

Agenda - 15th Oct

  • 8:20am
    Registration and Networking

    'A New Era for Productivity'

  • 9:15am
    FT Chair’s Opening Remarks

    John Thornhill, Deputy Editor, Financial Times

  • 9:25am
    Opening Keynote Presentation and Interview

    Growth has been steady over the last few quarters and an improved labour market combined with greater confidence should help domestic consumption to rise, but is this upward trend likely to continue?

    • How effective have structural reforms proved so far, and what further reforms are planned?
    • Labour cuts have contributed to greater productivity but what plans are in place to reintegrate the jobless into the labour market?
    • How can the faith of those who are disillusioned by the political establishment be restored?
    • Can constitutional problems be fixed or is a new model required? 

    Luis de Guindos, Minister of Economy and Competitiveness, Government of Spain

    Interviewed by:
    John Thornhill, Deputy Editor, Financial Times

  • 10:05am
    Safeguarding the Economy

    Despite its recovery, Spain is still vulnerable to external shocks and macroeconomic developments such as quantitative easing in Europe, falling oil prices and China’s economic slowdown will all have their impact.

    • How can Spain build its resilience against these changes?
    • What can be done to ensure that domestic demand gathers momentum in future, and how likely is any flexibility from the ECB regarding the eurozone’s fiscal rules?
    • Is there sufficient investment in innovation and human capital to help ensure sustainable economic growth?
    • Does Spain’s economic model work? What can be learnt from comparisons with other European countries?

    José Ignacio Conde-Ruiz, Deputy Director, FEDEA
    Fernando Fernández, Professor of Economics, IE School of International Relations
    Luis Garicano, Professor of Economics and Strategy, London School of Economics

  • 10:50am
    Coffee Break
  • 11:20am
    Investment Prospects

    International investors have demonstrated renewed confidence in the Spanish economy. As the recovery continues, how can further investment, both international and domestic, be encouraged?

    • Which sectors are attracting the most interest for investors?
    • What could be done to secure domestic investment from Spanish companies and entrepreneurs based nationally, and to stop them looking elsewhere?
    • Does Spain have the talent, economic conditions to support the needs of investors or do bureaucracy and tax obstacles still stand in the way?

    Jaime García Legaz Ponce, Secretary of State for Trade, Government of Spain
    Íñigo Gómez-Jordana, Senior Partner, DLA Piper Spain
    Joseph Oughourlian, Co-founder and Portfolio Manager, Amber Capital
    Andrés Rubio, Partner and Head of Spain, Apollo Management International

    Interviewed by: Miles Johnson, Hedge Fund Correspondent, Financial Times

  • 12:00pm
    Central Bank Interview

    Significant restructuring has done much to strengthen the resilience of the Spanish banking system, but how does the central bank plan to further improve financial stability?Whatdifference could tighter regulation of private banks and greater diversification of the financial system make?

    Fernando Restoy, Deputy Governor, Banco de España

    Interviewed by: John Thornhill, Deputy Editor, Financial Times

  • 12:30pm
    Presentation: International Perspective

    How are international perceptions of Spain changing?

    Charles Powell, Director, Elcano Royal Institute

  • 1:00pm
  • 2:00pm
    Mobilising Spain’s Youth - Rethinking Education

    While Spain’s unemployment level is gradually falling, over half of young people still do not have jobs. What practical changes could be made to the education system to help address the problem?

    • Does the current education system effectively equip students for the working world?
    • Are educational reforms and their implementation working? Is enough emphasis placed on core skills in mathematics, science and languages?
    • How can the government and businesses collaborate to nurture talent so that it is not wasted? 

    Juan María Vázquez Rojas, Secretary of State for Universities, Government of Spain
    Eugenia Bieto Caubet, Director General, ESADE Business School
    Javier Díaz Giménez, Professor of Economics, IESE
    Amuda Goueli, Chief Executive Officer, Destinia
    Charlotte Fraser-Prynne, Chief Executive Officer, International Policy Group
    Juan María Vázquez Rojas, Secretary of State for Universities, Government of Spain

    Moderated by: Tobias Buck, Madrid Bureau Chief, Financial Times

  • 2:40pm
    Technology and the Future of Work

    Technological advances and greater connectivity are transforming the world in which we live and work.  Individuals, industries and businesses must all adapt to equip themselves with the skills and resources required in order to compete in a global market.

    • How could a greater focus on digital and technology enhance the productivity of workers and companies alike?
    • How are business models evolving in response to technological advances?
    • Is sufficient support in place to help start-ups and small businesses in Spain?
    • What kind of new jobs are we likely to see in the next 20 years which do not yet exist? 

    14.40-14.55 Maria Benjumea, President and Founder, Spain Startup

    Followed by a panel discussion:

    Carmen Vela Olmo, Secretary of State for Research Development and Innovation, Government of Spain
    Miguel Arias, Chief Operating Officer, CartoDB
    Sofía Benjumea, Head, Google Campus Madrid

    Moderated by:Miles Johnson, Hedge Fund Correspondent, Financial Times

  • 3:25pm
    Coffee Break
  • 3:45pm
    Business Leaders: ‘Brand Spain’ in an international market

    This panel discussion will bring together representatives from different sectors to discuss how their business strategies have evolved recent years, and the challenges and advantages of operating nationally and internationally.

    • What do people associate with Brand Spain? e.g. what is the appeal for China or Japan, compared with other global regions?
    • Are Spain-based businesses returning to pre-crisis expansion levels? Which regions are they expanding into and what risks do they face e.g. is Latin America still a preferred choice or could it equally be Asia, Europe or the US?
    • How have businesses strategies changed in line with rising confidence in the economy? Is there now greater transparency within the business community?

    15.45-16.10 José Luis Bonet, President, Spanish Chamber of Commerce; President, Friexenet

    Interviewed by: Miles Johnson, Hedge Fund Correspondent, Financial Times

    Followed by a panel discussion:

    Iñaki Ereño, Chief Executive Officer, Sanitas
    Mark Hall, Chief Executive Officer, HSBC Spain
    Iñaki Ereño, Chief Executive Officer, Sanitas
    Jesus Pascual, Chief Executive Officer, Grupo Antolin
    Juan Francisco Polo, Director of Communication, Ferrovial

    Moderated by: Miles Johnson, Hedge Fund Correspondent, Financial Times

  • 4:50pm
    Debate: Political Risk

    The upcoming general election combined with the prospect of a Catalan referendum has brought political tensions into the spotlight. How will these tensions affect the markets and what risks should business and government leaders be aware of?

    • How much is widespread frustration with the political establishment likely to influence votes?
    • Could Podemos’ rapid rise in popularity act as a catalyst for broader political change?
    • What could the political and economic implications of the election results be – how has uncertainty affected the markets?
    • How can tensions with Europe be managed?

    Andreu Mas-Colell, Minister of Economy and Knowledge of Catalonia and Professor of Economics, Universitat Pompeu Fabra
    Pablo Simón, Professor, Universidad Carlos III de Madrid, and Editor, Politikon
    J.Ignacio Torreblanca, Director of the Madrid Office, European Council on Foreign Relations

    Moderated by: Tobias Buck, Madrid Bureau Chief, Financial Times

  • 5:25pm
    Closing Keynote

    Cristóbal Montoro Romero, Minister of Finance and Public Administration, Government of Spain

    With questions from Tobias Buck, Madrid Bureau Chief, Financial Times

  • 5:40pm
    Concluding Remarks

    John Thornhill, Deputy Editor, Financial Times

  • 5:45pm
    Drinks Reception and Summit Concludes


Who Attends?

The FT Spain Summit will be attended by senior executives from across the public and private sectors, including:  

  • C-Suite, Presidents and Divisional / Regional Heads
  • Managing Directors and General Managers
  • Operations and Strategy Directors
  • Marketing and Sales Directors
  • Government
  • Academia


Hotel Ritz by Belmond
Plaza de la Lealtad 5
Madrid 28014


Tel: +34 91 701 67 67


Lead Sponsor (1)

Fundacion Incyde was created in 1999 by the Spanish Chambers of Commerce to encourage the spirit of entrepreneurship and to increase the viability of new companies throughout Spain. 

Since its inception, Incyde has advised over 128,000 individuals and provided support to over 20,000 businesses. It has also implemented more than 2,000 training programmes across the country focusing on the creation and consolidation of new enterprises. 

Incyde has also created a network of almost 100 business incubators, helping to develop over 2,500 SMEs and creating 6,500 jobs. The foundation works with all types of entrepreneurs but gives priority to those groups with the greatest needs: women and those under the age of 25. 

Incyde has access to extensive resources including its own team of specialists in the fields of entrepreneurship and business consolidation, and a database of more than 1000 external experts both within Spain and abroad.

Exclusive Law Firm (1)

DLA Piper is a global law firm with lawyers in more than 30 countries, which positions us perfectly to help our clients with their legal needs anywhere in the world. Our unrivaled global reach means we can provide a unified approach to cross border issues, as well as guidance on local issues which properly reflect international law and custom.

At DLA Piper we have a dedicated team of aviation lawyers who have been closely involved in many of the significant issues affecting the industry in recent years and well understand the future challenges it faces; especially in regards to the constant, urgent and novel issues that regularly arise in such a highly regulated global industry.

Our aviation team is a multi-disciplinary, firm-wide industry sector group with experience of advising aviation clients including major airlines, international and domestic carriers, airport operators, insurers, regulatory authorities, engine manufacturers, technology, cybersecurity and other defence service providers, and local government bodies on a range of essential business issues. 

Associate Sponsor (1)

Founded in 1958, ESADE Business and Law School has campuses in Barcelona and Madrid and a presence in São Paulo, Lima, Mexico City, Bogotá, Santiago and Buenos Aires. It has partnership agreements with more than 100 universities and business schools worldwide. Each year, more than 11,000 students participate in its programmes (MBA and Executive Education, as well as bachelor’s and master’s degree programmes in business administration and law). ESADE Alumni, the school’s alumni association, is 50,000 members strong, including more than 17,500 members in management positions at enterprises around the globe. Through its 64 professional groups, the association promotes continuing education, professional development and entrepreneurship. The network includes members of 115 different nationalities located in more than 100 countries around the world. ESADE Business School also participates in the ESADECREAPOLIS business park, a pioneering innovation centre that brings together academia and the world of business. With a clear international orientation, ESADE is consistently ranked among the world’s top business schools by the leading rankings (Financial Times, Bloomberg BusinessWeek, The Economist and América Economía). ESADE is a member of Ramon Llull University (​

Why Sponsor?

Reasons to partner with the FT for this exciting inaugural Summit:

  • Gain access to decision makers from both the private and public sectors at a critical time in the Spanish economic recovery;
  • Brand alignment with the FT and its unrivalled credibility;
  • Demonstrate leadership around the crucial business and economic issues affecting Spain;
  • Benefit from sustained international visibility through our advertising and marketing campaigns.

For further information, please contact:

John Wallace
T: +44 (0) 20 7873 4926  





Media Partners (8)

The Federation of Spanish Chambers of Commerce in Europe-Africa- Asia (FEDECOM) is an international non-profit-making organization created in 1996 and comprising the Spanish Chambers of Commerce in Belgium and Luxembourg, France, Great Britain, Italy, Portugal, Germany, Tanger, Casablanca, South Africa, Hong Kong, China and Philippines. FEDECOM's headquarters are in Brussels, which facilitates access to the information generated by EU institutions and the task of representing the interests of the Chambers and their members. The Spanish Ministry of Economy and Competitivity provides support to FEDECOM in the development of its activities.

British Chamber of Commerce in Spain, the only independent Spanish-British business network in Spain. The Chamber is a non-profit organisation founded in 1908 with offices in Barcelona, Madrid and Málaga mainly funded by the membership fees. 
We currently have 250 member companies from different sectors whose mission is the facilitation of trade and investment relations between Spanish and British companies, the representation of their collective interests before decision makers and the promotion of their brand and business through our communication channels. We work exclusively for and with our member companies.

FocusEconomics is a leading provider of economic analysis and forecasts for over 75 countries in Asia, Europe and the Americas. The company is supported by an extensive global network of analysts. Since its launch 15 years ago, FocusEconomics has established a solid reputation among the world's major financial institutions, multinational companies and government agencies as a reliable source for timely and accurate business intelligence.

International Policy Group (IPG) is a Public Affairs and Corporate Reputation management consultancy firm. We bring government and business together through the creation of positive relations for economic growth between both parties.


IPG offers unique strategies for businesses to capitalise on the strong links fostered with local, national and international governments, parliaments, regulators and other stakeholders.


For governments and other organisations, we provide strategies to attract investment and forge new working relations with businesses.


IPG has an established network of experts and government officials in Madrid, Barcelona, Brussels, London and Washington DC.

Invest in Spain is the Directorate of ICEX Spain Trade & Investment a public company chaired by the Secretary of State for Trade of the Ministry Ministry of Economy and Competitiveness Ministry of Economy and Competitiveness. of Economy and Competitiveness.

Invest in Spain’s mission is to foster Foreign Direct Investment into Spain. IiS works both in Spain and abroad and benefits from a network of 100 Economic and Commercial Offices in Spanish Embassies which allows us to be close to our clients and potential foreign investors.

On November 5th 1998, an exciting editorial adventure began in the middle of difficulties and uncertainty. Nowadays we have become a national diary of reference for millions of people.

La Razón is a national diary that can be defined as plural, respectful with all kinds of ideas, open to different opinions and especially free.

After 15 years looking out for our commitment with our readers, we can confirm with great satisfaction that our bet hasn’t been a waste of time and that it has actually received a very positive answer. All this is reason enough and motivation for us to renew our daily bet in quality and firmness in defense of our founding principles.

Founded in 1886, the Spanish Chamber of Commerce in Great Britain is a key organisation for the development of economic and commercial relations between the two countries. 
Based in London, the Chamber offers both Spanish and British companies the opportunity to promote themselves commercially in both markets via a wide range of services including promotion, networking, information and advice, training, commercial development, business collaboration, logistic and administrative support. 
As a member-based institution one of our main objectives is the active promotion of member companies, although our services are offered both to associates and non-member companies alike. We act as a professional platform for the Anglo-Spanish business community and help them connect with like- minded professionals through our extensive network and collaborations with similar institutions.

The BritishSpanish Society is a registered charity whose objectives are to promote friendship and understanding between the people of Britain and Spain through knowledge of each other’s customs, language, institutions, history and way of life. We are a non-political organisation and membership is open to anyone with an interest in Spain and its culture. 
Aside from organising an extensive cultural events programme, we are proud to award scholarships and bursaries to British and Spanish post-graduate students every year, thanks to the generosity of our principal supporters. In doing so we hope to encourage valuable research and learning which we believe to be beneficial for both the UK and Spain.

Photos from the 2015 Summit


To view 2015 Spain Summit's photos, click here



'It has been very well promoted.  The audience and speakers were very valuable', 'Very professionally organised', 

Antonio TorrenteMedcomtech Group'

Wonderful opportunity to understand the latest thinking of political & business leaders in Spain', 

Steve Cahill, Colt Technology Services

'Honest opinions facilitated by knowledgeable journalists', 

Christopher Dottie, HAYS


Photos from the 2014 Summit

2014 Spain Summit photos

To view 2014 Spain Summit's photos, click here


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