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Fernando Morales

11 May 2022


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The BBVA Microfinance Foundation (FMBBVA) is celebrating its anniversary. It was founded by BBVA in 2007 as a non-profit organization in the framework of the bank’s corporate social responsibility. With a €200 million endowment, FMBBVA aims to support people in situations of vulnerability with productive activities. In commemoration of this milestone, we spoke with Javier M. Flores, who has been the CEO of the foundation since 2010. With a law degree and MBA from the University of Houston (Texas, U.S.), he is in charge of strategy, executive management and supervision of the microfinance institutions in Latin America.

04 Jun 2019

26 Nov 2018

26 Jun 2018

“I love food and I am mad about sports." Hearing him talk about his hobbies, Jaime Sáenz de Tejada (Madrid, 1968) comes across as someone who enjoys life. As a kid he was into basketball and track and field. Later, he got interested in paddle tennis and golf. About a year and a half ago he fractured his thigh bone forcing him to focus a bit more on swimming and cycling. He defines himself as a lover of Peruvian cuisine, because it offers “the best fusion of sensitivities from many places, with ingredients of unparalleled quality.” He’s even given cooking chifa (a fusion of Peruvian ingredients and traditions with Cantonese elements) a go, but “being surrounded by so much talent, I would never dare to compete in culinary skills.” Married and with five children – “one of them is on his way to becoming a chef, just like his mom,”- he’s been a part of BBVA for more than 25 years. In 2014 he became the Group’s Chief Financial Officer. He devotes most of his scant free time to “living his children’s education intensely and sharing activities with them.” He’s been lucky to live in New York – at two different periods - , London, Uruguay and Peru.

25 Jun 2018

16 Nov 2016

19 Jun 2016

06 May 2016

Economist, professor, advisory and director of several organizations related to economic research… Rafael Domenech’s professional life has always been connected to economics, and in parallel, to teaching. Chief Economist of Developed Economies at BBVA Research since 2009, Domenech is also a Professor of Economic Analysis at the University of Valencia. This fact permeates all of his explanations, which those who attend his presentations describe as “very educational”.

Born in Sao Paulo while his parents spent a five year period there, he is Brazilian by birth but Valencian by adoption and believes that there is a great need for education in economics. He is the author of numerous articles in prestigious international and national magazine on human capital, growth, economic cycles and monetary and fiscal policies, and recently published a book, 'En busca de la prosperidad (The Search for Prosperity)' that includes measures the Spanish economy should take to increase employment, equity and well-being.

He holds a Master of Science degree from the London School of Economics and a PhD in Economics. He has also worked as a collaborating researcher for the OECD, the European Commission, the Ministry of Economy and Finance and the Rafael del Pino Foundation, among others.  The author of numerous publications, together with other BBVA Research team members he has prepared an Economic Observatory with proposals to reform the labor market in Spain, which was published today (in Spanish).