Former chairman of Sareb (Bank Restructuring Asset Management Company), Jaime Echegoyen passed away this Saturday at the age of 65., according to the agency Europa Press. This economist was taken to the Ruber Hospital in Madrid for a few days and died of cancer.
Echegoyen, who is also the CEO of Barclays and Bankinter, became the CEO of the so-called ‘bad bank’ in 2014. He was elected president, where he held that post until he resigned “for personal reasons” last year..
career path
He graduated from the Complutense University of Madrid, Faculty of Law. Jaime Echegoyen had over three decades of experience in the national finance industry. and also in major international banking, he worked for Bank of America for nine years at the organization’s offices in New York and London.
Echegoyen started working at Bankinter in 1988 and was appointed CEO in 2002.He remained in this position until 2010. A year later he was contracted as CEO of Barclays in Spain and Portugal, and in 2014 was appointed CEO of Sareb, where he remained until mid-2021, a few months before Pedro’s government. Sánchez takes control of the body.