Mr. Mariano Bengoechea

Council Member Biography

Mariano Bengoechea is the former Development Director for Citigroup and Head of the Financial Markets Development Unit; he left in 2006. In this capacity, he was involved in the modernisation and reform of financial systems, capital markets, and in the development of market infrastructures in over 50 developed and emerging markets worldwide. In addition, Mr. Bengoechea was a member of the bank’s Payment Systems Risk Committee. He also worked in the Global Securities Services Group, the Global Transactions Services Division, and in the Financial Institutions Group for Europe. He joined the bank in 1990, after 10 years as Chief Executive of the Madrid Stock Exchange. Mr. Bengeochea was also involved in assisting South Africa establish STRATE, the electronic settlement system for shares on the JSE Securities Exchange. Affiliations: Advisory Board to Capital Mkts, Government Institutions, U.A.E; Member, Group of Thirty, covering clearing and settlement in worldwide securities; Advisory Board of Shanghai Securities Exchange; Royal Institute of International Affairs; Institute for International Finance in Washington; Board of the European Capital Markets Institute. (This is me - Update Profile)

Employment History

1989 - 2006

Development Director, Head of Financial Markets, CITIGROUP GLOBAL MARKETS EUROPE LTD

Unspecified - 1990

Chief Executive Officer, Bolsa de Madrid