Following general elections in Spain, Mr Luis de Guindos has been appointed Minister for Economy and Competitiveness on 22 December 2011. He also becomes EIB Governor for the Kingdom of Spain, succeeding Ms Elena Salgado (formerly the Minister for Economy and Finance).

From 1988 to 1996 Luis de Guindos held the position of Chief Executive Officer of AB Asesores. From 1996 to 2004 he worked in the Ministry of Economy and Finance of Spain, where he held several positions including Secretary of State for Economic Affairs and Secretary of the Economic Affairs Commission. He also served as Vice Chairman of the European Union Economic Policy Committee and Head of the Delegation of the ECOFIN Council during the Spanish presidency of the EU, among other special appointments.

Between 2006 and 2008 he was Chief Executive Officer of Lehman Brothers for Spain and Portugal. Also, during 2008 he was Chief Executive Officer of Nomura Securities in Spain. In 2009 he worked as Senior Partner at PricewaterhouseCoopers (PwC) responsible for financial services. Afterwards and until his nomination as Minister, he served as Director of the Center for Finance of PwC and IE Business School.

Mr. de Guindos holds a BSc in Economics from CUNEF and a PhD in Economics from Complutense University, Madrid, Spain.