José Luis Olivas facts for kids
Quick facts for kids
José Luis Olivas
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Jose Luis Olivas Martinez signature
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| President of the Valencian Government | |
| In office 24 July 2002 – 20 June 2003 |
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| Monarch | Juan Carlos I |
| Preceded by | Eduardo Zaplana |
| Succeeded by | Francisco Camps |
| Personal details | |
| Born | 13 October 1952 Motilla del Palancar, Spain |
| Political party | PPCV |
| Alma mater | Complutense University of Madrid |
José Luis Olivas Martínez was born on October 13, 1952, in Motilla del Palancar, Spain. He is a Spanish politician. He was a member of the People's Party.
In 2002, José Luis Olivas became the third president of the Valencian Government. This is like being the leader of a region in Spain. He took over when the previous president, Eduardo Zaplana, moved to Madrid. Olivas was the first president of this region who was not chosen directly in elections.
A year later, in 2003, Francisco Camps became the new president. Camps also took over the leadership of the People's Party in the Valencian Community. After this, Olivas decided to start a career in business.
A Career in Business
Leading Banks
In 2003, José Luis Olivas became the president of Banco de Valencia. This is a type of bank. The next year, in 2004, he became the president of another bank called Bancaja.
Later, in 2010, he became the vice president of Bankia. Bankia was a very large bank. It was formed when several other banks, including Bancaja and Caja Madrid, joined together.
Changes in Banking
In October 2011, Banco de Valencia faced big problems. It could no longer pay its debts. This is called going bankrupt. The Spanish government then took control of the bank. After this happened, Olivas resigned from his position.
In December 2011, Bankia also announced it had lost a lot of money. The government decided to take over Bankia as well. They put new leaders in charge. In May 2012, Olivas also resigned as president of Bancaja.
See also
In Spanish: José Luis Olivas para niños
