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Un político reconvertido en banquero
Miguel Olivares Valencia22 NOV 2011
A politician turned-banker
Miguel Olivares Valencia 22 NOV 2011
Miguel Olivares Valencia 22 NOV 2011
The career of José Luis Olivas (Motilla del Palancar, 1952) is linked to the rise of PP in Valencia. Law degree from the Universidad Complutense de Madrid traveled to Valencia with 25 years found a place in the office of Emilio Attard, leader of the Democratic Centre Union, and year and a half later and was a councilor in Valencia centrist party.
The extinction of Adolfo Suarez party forced him to practice law for four years. But it was rescued for municipal policy Popular Alliance in 1987. Four years later he was a councilor of Finance Rita Barbera, Mayoress of Valencia by the PP. Olivas became general secretary of the regional organization of the PP to the orders of Eduardo Zaplana. After the arrival of this to the presidency of the Generalitat, in 1995, Olivas was appointed Minister of Finance for seven years.
more informationOlivas holds the post in Bancaja after the fiasco of Banco de Valencia
In 1997 defended a law of savings banks in the Autonomous Communities which gave entrance to the Government in the governing bodies of financial institutions. As manager of public funds tripled the debt of the Valencian regional in eight years.
In 2002, when Zaplana was appointed Minister of Labour by José María Aznar, took on an interim basis as President of the Government until 2003 when Francisco Camps was presented to the elections. But the interim at a price: After leaving office governed the destinies of Bancaja. In January 2004, despite the reluctance of Camps, Olivas is installed at the top of the first financial institution in Valencia thanks precisely to the law that was written seven years earlier. The charge will automatically become president of Banco de Valencia, controlled 38% by Bancaja, as Aurelio gave Izquierdo, Director General of Bankia, a month ago.
Not a good communicator, has never granted an interview and financially. He put on his banker suit low profile, but with a clear command. In 2007, Frenzy asset securitization to multiply the credit machine, Olivas executive showed his attitude when he got rid of Jose Maria Garcia Checa, who was chief of Bancaja since 1998.
The president of the Spanish bank was the third volume of assets always believed that Bancaja pilotaría any merger cases. Even secured a second round reserved for an entity to absorb less. But it was swallowed by Bancaja and Caja Madrid financial tailspin and the dangerous exposure to the brick of many financial institutions, which now takes the Bank ahead of Valencia, have been ousted from the vice presidency of Bankia the politician turned-banker.
The extinction of Adolfo Suarez party forced him to practice law for four years. But it was rescued for municipal policy Popular Alliance in 1987. Four years later he was a councilor of Finance Rita Barbera, Mayoress of Valencia by the PP. Olivas became general secretary of the regional organization of the PP to the orders of Eduardo Zaplana. After the arrival of this to the presidency of the Generalitat, in 1995, Olivas was appointed Minister of Finance for seven years.
more informationOlivas holds the post in Bancaja after the fiasco of Banco de Valencia
In 1997 defended a law of savings banks in the Autonomous Communities which gave entrance to the Government in the governing bodies of financial institutions. As manager of public funds tripled the debt of the Valencian regional in eight years.
In 2002, when Zaplana was appointed Minister of Labour by José María Aznar, took on an interim basis as President of the Government until 2003 when Francisco Camps was presented to the elections. But the interim at a price: After leaving office governed the destinies of Bancaja. In January 2004, despite the reluctance of Camps, Olivas is installed at the top of the first financial institution in Valencia thanks precisely to the law that was written seven years earlier. The charge will automatically become president of Banco de Valencia, controlled 38% by Bancaja, as Aurelio gave Izquierdo, Director General of Bankia, a month ago.
Not a good communicator, has never granted an interview and financially. He put on his banker suit low profile, but with a clear command. In 2007, Frenzy asset securitization to multiply the credit machine, Olivas executive showed his attitude when he got rid of Jose Maria Garcia Checa, who was chief of Bancaja since 1998.
The president of the Spanish bank was the third volume of assets always believed that Bancaja pilotaría any merger cases. Even secured a second round reserved for an entity to absorb less. But it was swallowed by Bancaja and Caja Madrid financial tailspin and the dangerous exposure to the brick of many financial institutions, which now takes the Bank ahead of Valencia, have been ousted from the vice presidency of Bankia the politician turned-banker.
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