The Ministry of Economy commissioned Mariano Bacigalupo, The third vice president for Ecological Transition and the minister’s husband, Theresa RiveraWhat counselor instead of the National Securities Market Commission (CNMV) Manuel Santos SuarezHis term expired last April. Bacigalupo has been a consultant to the company since 2017. National Markets and Competition Commission (CNMC), served here Energy, and given the term of the CNMC council members, it would be next year that this work would end. six years without the possibility of re-election. Minister of Economy appointed to replace Bacigalupo María Jesús Martín, until now Managing Director of Energy from the same organism.
Being the husband of Teresa Ribera, current Third Vice President and Minister for Ecological Transition, and editing room of the super-regulator (who is tasked with reviewing government projects on energy policy issues) great reviews The vice-president of some members of the opposition, especially Popular Party and Vox. Bacigalupo came to CNMC in 2017, a year earlier at the Ribera Ministry of Ecological Transition, the predecessor of the CNMC and the Council, which brought together industry regulators in 2013, despite having previously worked for the National Energy Commission (CNE) for six years. competition agency occupying the positions.
Doctor of Law and university professor, CNMC consultant Extensive experience in public regulatory agencies in the fields of energy, digital and transportation. He is the vice president of the Ibero-American Association of Energy Regulators (ARIAE) and since 2021 has been a member of the Council of Energy Regulators. European Union Energy Regulators Cooperation Agency (ACER). In addition, he has been serving as the President since this year. European Postal Regulators Group (ERGP). He is also the general secretary of Menéndez Pelayo International University and the author or co-author of nearly 150 legal publications, according to the Ministry of Economy.
As the director of CNMV, a four-year period renewable only once and automatically financial markets auditor executive board. Among its new functions are the preparation and examination of issues to be submitted to the CNMV council; without prejudice to the powers corresponding to the President, to examine, inform and discuss matters submitted to the President’s consideration and to coordinate the actions of the different directive bodies of the Commission. He will also, along with the remaining members of the committee, be responsible for approving the Commission’s hereditary acquisitions and disposing of its assets, and for resolving the administrative powers conferred on it by the Board delegation. and as well as exercising powers expressly delegated by the Council.
Ministry of Economy, on its behalf Maria Jesus Martin As director of CNMC. When appropriate, this appointment must be approved by the Commission of the House of Representatives branch (Commission on Economic Affairs and Digital Transformation). This applies to directors of the CNMC, not the CNMV, and therefore Bacigalupo will not need to go through this process. Martin He is an economist with graduate studies. Monetary and Financial Research Center (CEMFI) and most of his professional career regulatory and competition law areas inside energy markets and energy policy.
Over the past 24 years, he has held various management positions at the National Markets and Competition Commission and its predecessor, the National Energy Commission. Between 2018-2020, he served as the General Manager of Energy Policy and Mining at the Ministry of Energy Transformation and Demographic Struggle. He is currently the Director of Energy at the National Commission on Markets and Competition, where he has chosen to fill a position on its Council.