Born in San Sebastián on 1 July 1956. He graduated in Economic Sciences from the Universidad Complutense of Madrid and earned a Masters in Business Administration from IESE Business School.From 1982 until 1986 he was the Manager of the company Chemical Bank, in Madrid and in New York.

From 1986 until 1989, he carried out the post of Director of Variable Income and Investment Funds for the entity Bankinter. From 1989 until 2003 he was General Manager and Chairman of BBVA Bolsa, S.V. From 2003 until 2006 he formed part, as independent director, of the Board of Directors of the listed company TPI Páginas Amarillas.

He has been a member of the Board of Directors of AENA since 2012. Furthermore, in the year 2003, he was appointed Chairman of the company Equity Contraste Uno, post which he continues to exercise at present.