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Juan Carlos Escotet

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Template:Spanish name

Juan Carlos Escotet
Born
Juan Carlos Escotet Rodríguez

1959 (age 64–65)
Madrid, Spain
NationalitySpanish,Venezuelan
Alma materUniversidad Catolica Andres Bello University of Miami
Known forFounder, Banesco
Spousemarried
Children4
Websitehttp://www.juancarlosescotet.org/

Juan Carlos Escotet Rodríguez (born 1959) is a Spanish-Venezuelan billionaire banker and the founder of Banesco.

Escotet Rodríguez is Chairman of the Board of Directors of Banesco Banco Universal; principal director of Banesco Seguros Panamá, Banesco S.A. (Panama), Banesco Banco Múltiple, S.A. (Dominican Republic) and Banesco USA (Florida); and president of ABANCA (Spain).

Early life

Juan Carlos Escotet was born in Madrid in 1959.[2] Escotet, one of eight immigrant children from Spain, first began to work doing errands for a bank in Venezuela in 1976. He was in night school while working full-time at Banco Union.[3] He later earned a master's degree in professional management science from the University of Miami.[1][2]

Career

Following his schooling, Escotet worked as an executive for Sociedad Financiera Latinoamericana, working towards his own financial group.[3] In the 1990s, Escotet gathered enough money to buyout Venezuelan financial institutions going through the banking crisis and set up his own Panama establishment.[3] Escotet founded Banesco and in 2000, merged Banco Union with his company.[3][1] He owns other branches in Miami, Panama, Colombia, Curacao, the Dominican Republic and Puerto Rico.[3] In 2015, he acquired Abanca in Spain.[citation needed]

References

  1. ^ a b c "Juan Carlos Escotet". Forbes. Retrieved 10 March 2018.
  2. ^ a b "ABANCA - Shared Values". www.abancacorporacionbancaria.com. Retrieved 2 April 2018.
  3. ^ a b c d e Cuadros, Alex (19 December 2012). "Venezuelan Billionaire Seen Benefiting From Socialism". Bloomberg. Retrieved 19 May 2016.