Dr. Rafael Termes i Carreró (December 5, 1918 - August 25, 2005) was born in

Sitges Sitges (, , ) is a town about 35 kilometres southwest of Barcelona, in Spain, renowned worldwide for its Film Festival, Carnival, and LGBT Culture. Located between the Garraf Massif and the Mediterranean Sea, it is known for its beaches, nightspot ...

Barcelona Barcelona ( , , ) is a city on the coast of northeastern Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second most populous municipality of Spain. With a population of 1.6 million within ci ...

. Although he graduated as an Industrial Engineer, he chose a career in finance and banking. Termes was founder and teacher of the

IESE Business School IESE Business School is the graduate business school of the University of Navarra. Founded in 1958 in Barcelona where its main campus is located,López, T. & Pampliega, J“La fundación del IESE (1956–1958)” Universidad de Navarra, Biblioteca ...

and also a director of

IESE IESE Business School is the graduate business school of the University of Navarra. Founded in 1958 in Barcelona where its main campus is located,López, T. & Pampliega, J“La fundación del IESE (1956–1958)” Universidad de Navarra, Biblioteca ...

's Madrid campus since 1997, position that ceased in June 2000, to become honorary president of the

in Madrid. He was a member of the

Royal Academy of Moral and Political Sciences Royal may refer to: People * Royal (name), a list of people with either the surname or given name * A member of a royal family Places United States * Royal, Arkansas, an unincorporated community * Royal, Illinois, a village * Royal, Iowa, a cit ...

, and of the Academy of Economics and Finance and a member of

Opus Dei Opus Dei, formally known as the Prelature of the Holy Cross and Opus Dei ( la, Praelatura Sanctae Crucis et Operis Dei), is an institution of the Catholic Church whose members seek personal Christian holiness and strive to imbue their work an ...

Biography

Between 1951 and 1954 he set up the

Crèdit Andorrà Crèdit Andorrà is an Andorran banking house. It was founded in 1949 and is headquartered in Andorra la Vella. In 2015, the company had more than 800 employees. See also * Rafael Termes, one of the establishers of Crèdit Andorrà * List of b ...

, and he acted as Delegate Advisor from 1955 to 1965, and Advisor from 1965 to 1970. In 1955 he was appointed Regional Advisor to the Spanish Popular Bank, where he worked until named Vice-President of the Regional Council in Barcelona in 1960. He became a member of the Administrative Board of the Spanish Popular Bank in 1964, and, later that year, was instrumental in creating a new branch - the European Business Bank. In 1965, he helped set up the Spanish Analysts' Investment Institute, the board of which he presided over until 1973 when he was named Honorary President. He became Delegate Advisor to the Spanish Popular Bank in 1966. From 1966 to 1977, he was Delegate Advisor to the Spanish Bank Association (AEB), before serving as President from 1977 until 1990, when he decided not to run for re-election. For three years, from 1970 to 1973, he represented Spain in the

EFFAS The European Federation of Financial Analysts Societies (EFFAS) is the federation of analysts associations in Europe. EFFAS comprises 21 member societies representing more than 14,000 investment professionals. EFFAS was founded in 1962 and the he ...

- European Federation of Financial Analysts' Societies.

Works

Ever a staunch defender of human liberty and of a free market as the means to attain improved social order, Rafael Termes has published, among other works: El poder creador del riesgo (1986); Del estatismo a la libertad. Perspectiva de los países del Este (1990); Desde la banca. Tres décadas de la vida económica española (1991); Antropología del capitalismo: un debate abierto abierto (1992); Las causas del paro (1995); and Desde la libertad (1997).

References

External links

Acton Institute

web.iese.edu (Spanish)

libertaddigital.com (Spanish)

{{DEFAULTSORT:Termes, Rafael 20th-century Spanish businesspeople 2005 deaths 1918 births