Miguel Ángel Fernández Ordóñez
Encyclopedia
Miguel Ángel Fernández Ordóñez is a Spanish
Spain
Spain , officially the Kingdom of Spain languages]] under the European Charter for Regional or Minority Languages. In each of these, Spain's official name is as follows:;;;;;;), is a country and member state of the European Union located in southwestern Europe on the Iberian Peninsula...

 economist
Economist
An economist is a professional in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy...

 and politician
Politician
A politician, political leader, or political figure is an individual who is involved in influencing public policy and decision making...

, member of the Socialist Workers' Party
Spanish Socialist Workers' Party
The Spanish Socialist Workers' Party is a social-democratic political party in Spain. Its political position is Centre-left. The PSOE is the former ruling party of Spain, until beaten in the elections of November 2011 and the second oldest, exceeded only by the Partido Carlista, founded in...

 and current Governor of the Bank of Spain. He is the younger brother of Francisco Fernández Ordóñez
Francisco Fernández Ordóñez
Francisco Fernández Ordóñez was a Spanish politician who became Minister for Foreign Affairs in the Spanish Socialist Workers' Party government of Felipe González from 1985 until shortly before his death from a terminal illness in 1992...

, also a Socialist politician, and he is married to Inés Alberdi
Inés Alberdi
Inés Alberdi is the Executive Director of UNIFEM and has been a noted academic, policy advisor and policy maker on family and women’s issues.- Career :...

.

He was born in Madrid
Madrid
Madrid is the capital and largest city of Spain. The population of the city is roughly 3.3 million and the entire population of the Madrid metropolitan area is calculated to be 6.271 million. It is the third largest city in the European Union, after London and Berlin, and its metropolitan...

 in 1945, he graduated in Law and Economic Science in the Complutense University of Madrid
Complutense University of Madrid
The Complutense University of Madrid is a university in Madrid, and one of the oldest universities in the world. It is located on a sprawling campus that occupies the entirety of the Ciudad Universitaria district of Madrid, with annexes in the district of Somosaguas in the neighboring city of...

. He belongs to the Cuerpo de Técnicos Comerciales and State Economists.

He was secretary of State for the Economy, secretary of State for Commerce and Executive director of the International Monetary Fund. In 1992 he was appointed president of the Court of Defense of the Competition. Between 1995 and 1999 he was president of the Commission of the National Electric System. Between 2004 and March 2006 he was secretary of state for Internal Revenue. On March 10 he was appointed Counsellor of the Bank of Spain and member of its Executive Commission.

Cadena SER
Cadena SER
La Cadena SER is Spain's premier radio network in terms of both seniority and audience share...

 announced that Fernández Ordóñez would succeed Jaime Caruana
Jaime Caruana
Jaime Caruana is the General Manager of the Bank for International Settlements. His five-year term began on April 1, 2009. He was also the Governor of the Bank of Spain from July 2000 to July 2006....

 as Governor of the Bank of Spain in July 2006 when Caruana finished his term. Minister of Economy and Finance Pedro Solbes
Pedro Solbes
Pedro Solbes Mira is a Spanish economist. While independent in the sense of not affiliated to any party, his various ministerial roles in Spain have always been within Socialist Workers' Party cabinets...

confirmed this decision on June 21, 2006.

Sources

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