Miguel Ángel Fernández Ordóñez

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Miguel Ángel Fernández Ordóñez
(MAFO) Eduardo Sotillos ofrece la rueda de prensa posterior al Consejo de Ministro junto al secretario de Estado de Economía y Planificación. Pool Moncloa. 28 de noviembre de 1984 (cropped).jpeg
Miguel Ángel Fernández Ordóñez in 1984
Governor of the Bank of Spain
In office
8 March 2006 – 11 June 2012
President José Luis Rodríguez Zapatero
Mariano Rajoy
Preceded by Jaime Caruana
Succeeded by Luis María Linde
Personal details
Born (1945-04-03) 3 April 1945 (age 72)
Madrid, Spain
Nationality Spanish
Political party PSOE
Relations Francisco Fernández Ordóñez (brother)
Alma mater Complutense University of Madrid
Occupation Economist

Miguel Ángel Fernández Ordóñez (born 3 April 1945) is a Spanish economist and politician, member of the Socialist Workers' Party and former Governor of the Bank of Spain. He is the younger brother of Francisco Fernández Ordóñez, also a Socialist politician, and he is married to Inés Alberdi.

Biography[edit]

He was born in Madrid in 1945, he graduated in Law and Economic Science in the Complutense University of Madrid. He belongs to the Cuerpo de Técnicos Comerciales and State Economists.

He was secretary of State for the Economy, secretary of State for Commerce and Executive director of the International Monetary Fund. In 1992 he was appointed president of the Court of Defense of the Competition. Between 1995 and 1999 he was president of the Commission of the National Electric System. Between 2004 and March 2006 he was secretary of state for Internal Revenue. On March 10 he was appointed Counsellor of the Bank of Spain and member of its Executive Commission.

Cadena SER announced that Fernández Ordóñez would succeed Jaime Caruana as Governor of the Bank of Spain in July 2006 when Caruana finished his term. Minister of Economy and Finance Pedro Solbes confirmed this decision on June 21, 2006.

On June 12th 2012 he was replaced by Luis María Linde as governor of the Bank of Spain.

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