Jaime Caruana facts for kids
Quick facts for kids
Jaime Caruana
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| General Manager of the Bank for International Settlements | |
| In office 1 April 2009 – 30 November 2017 |
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| Preceded by | Malcolm Knight |
| Succeeded by | Agustín Carstens |
| 67th Governor of the Bank of Spain | |
| In office 21 July 2000 – 12 July 2006 |
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| Preceded by | Luis Ángel Rojo Duque |
| Succeeded by | Miguel Ángel Fernández Ordóñez |
| Personal details | |
| Born | 14 March 1952 Valencia, Spain |
| Alma mater | Technical University of Madrid |
Jaime Caruana (born March 14, 1952) is an important Spanish economist. An economist is someone who studies how money, goods, and services are made and used.
He was the leader, called the General Manager, of the Bank for International Settlements (BIS) for many years. The BIS is like a bank for central banks around the world, helping them work together. Before that, he was the Governor of the Bank of Spain. This means he was in charge of Spain's main bank, which helps manage the country's money.
Contents
Jaime Caruana's Early Life and Schooling
Jaime Caruana was born in Valencia, Spain. He went to the Technical University of Madrid. In 1974, he finished his studies in telecommunications engineering. This field is about how we send information, like with phones or the internet.
Jaime Caruana's Important Career Roles
Jaime Caruana led the Bank of Spain for six years. He was the Governor from July 21, 2000, until July 12, 2006.
While he was Governor, he also became the chairman of the Basel Committee on Banking Supervision in May 2003. This committee creates rules to make banks safer around the world. Mr. Caruana helped finish a big project called Basel II. This project made new rules for how banks should manage their risks. People in the banking world respected him for his work on this project.
In August 2006, Jaime Caruana joined the International Monetary Fund (IMF). The IMF is an organization that helps countries with their money problems. He became a special advisor and director of a new department there. This department focused on money markets and banking rules.
Jaime Caruana started his role as the General Manager of the Bank for International Settlements (BIS) in April 2009. He worked there for five years, and then his term was extended for three more years. He finished his work at the BIS in November 2017.
Other Activities and Groups
Jaime Caruana is also involved in other important groups:
- He has been a member of the Board of Directors for Banco Bilbao Vizcaya Argentaria since 2018.
- He is a member of the Group of Thirty, which is a group of important financial leaders.
See also
In Spanish: Jaime Caruana para niños
