Luis María Linde facts for kids
Quick facts for kids
Luis María Linde
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| 69th Governor of the Bank of Spain | |
| In office 11 June 2012 – 11 June 2018 |
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| Preceded by | Miguel Ángel Fernández Ordóñez |
| Succeeded by | Pablo Hernández de Cos |
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| Born | 15 May 1945 Madrid, Spain |
| Alma mater | Complutense University |
Luis María Linde de Castro, born on May 15, 1945, in Madrid, Spain, is an important Spanish economist. He worked as a civil servant, which means he worked for the government. From 2012 to 2018, he was the Governor of the Spanish Central Bank. This bank helps manage Spain's money.
Contents
Early Life and Education
Luis María Linde studied at the Complutense University of Madrid. He earned a degree in economic sciences, which is about how money and resources are managed. He was a very good student, graduating with top marks.
Career Highlights
Luis María Linde had a long career working for Spain's government. He was a trade attaché at the Spanish embassy in the Soviet Union. This role involved helping with trade between Spain and the Soviet Union. He also worked for the Ministry of Economy.
Joining the Bank of Spain
In 1983, Luis María Linde started working at the Spanish Central Bank. From 2005 to 2008, he worked as an executive for Spain at the Inter-American Development Bank. This bank helps with development projects in countries across the Americas.
Becoming Governor
On May 25, 2012, Luis María Linde became a member of the governing council of the Spanish Central Bank. Just a few days later, the previous chairman, Miguel Ángel Fernández Ordóñez, resigned. Luis María Linde was then chosen to be the new Governor.
He became Governor just two days before Spain asked for a European bailout. A bailout is when a country receives financial help from other countries or organizations. During his time as Governor, the central bank faced challenges. It was criticized for how it handled the banking crisis in Spain. Luis María Linde kept a neutral position on economic policy during this time.
Term as Governor
The rules for the Governor of the Spanish Central Bank stated that they had to retire at age 70. Luis María Linde turned 70 in May 2015, which was halfway through his six-year term. To allow him to continue, the government changed this rule. They also made it so that the Governor and Deputy Governor's terms did not have to end at the same time. Luis María Linde served as Governor until June 2018.
Other Activities
Luis María Linde has been involved in many other important organizations.
International Organizations
- International Monetary Fund (IMF): He was an Alternate Member of the Board of Governors from 2012 to 2018. The IMF is a global organization that works to ensure financial stability.
Non-profit Organizations
- Fundación pro Real Academia Española: He served as Chairman of this foundation.
- Official Credit Institute (ICO): He was a Member of the Board of Directors. The ICO is a public bank in Spain.
- Princess of Asturias Foundation: He was a Member of the Board of Trustees. This foundation gives out important awards in Spain.
Corporate Boards
- Compañía Española de Crédito a la Exportación (CESCE): He was an Adviser to the Board of Directors from 2009 to 2011. CESCE helps Spanish companies with their exports.
See also
In Spanish: Luis María Linde para niños
