Baldomero Falcones

Baldomero Falcones, born in 1946 at Majorca (Spain), is the current Chairman and CEO of Fomento de Construcciones y Contratas (FCC), one of the European leading service and construction groups. FCC is included in the IBEX-35 index, which comprises the 35 most important companies on the Spanish Stock Market.

Business career

Falcones has been Chairman of MasterCard International (New York). He has led the merger between MasterCard and Europay and the transformation of MasterCard to become public at the NYSE in March 2006.

He has been Managing Director of Banco Santander Central Hispano and member of the Management Executive Committee from 1987 to 2002 with different responsibilities first as head of the International Division, later as Vice Chairman and CEO of Santander Consumer Finance (former Hispamer) and finally as global COO the group.

In his extensive career, Falcones has been Chairman of Banco Urquijo Limited (UK), Hispano Americano Sociedade do Investimento (Portugal), Banco Hispano Americano Benelux, Banco Urquijo Chile, Fiat Finance S.A., Santander Seguros S.A. and CEO of Banco Hispano Industrial Investment Bank.

After his banking career, he has founded with other partners Magnum Industrial Partners, the largest private equity firm in Spain and Portugal.

In addition he has been member of the board of Unión Fenosa, CESCE, Generalli Spain, Seguros La Estrella, Europay International, BANIF as well as head of RWE Spain.

Education

Falcones earned a Superior Degree in Engineering from Unviersidad Politécnica de Madrid in 1970 and an MBA from IESE Business School in 1972. He continues connected with IESE as member of the Alumni Advisory Board.

Other

Falcones is married and has five children, Baldomero, Jaime, Sofia, Alvaro and Paloma.Currently he is Chairman of Plan Spain. Plan International is one of the oldest and largest international development agencies in the world. Nowadays with an annual budget of 600 million dollars, Plan supports more than nine million people, mostly children, in development countries.

Also he is member of the Economic Board of the Fundación Albeniz – Reina Sofia School of Music and former Vice Chairman of the Spanish Association Against Cancer (AECC).