Fernando Restoy Lozano (born 1961 in Madrid) is a Spanish economist who has been the Chairman of the

Financial Stability Institute The Financial Stability Institute (FSI) is one of the bodies hosted by the Bank of International Settlements (BIS) at its headquarters in Basel, Switzerland. Established in 1999 by the BIS and the Basel Committee on Banking Supervision, its primar ...

of the Bank for International Settlements since early 2017. In his previous position he was Vice Governor of the

Bank of Spain The Bank of Spain ( es, link=no, Banco de España) is the central bank of Spain. Established in Madrid in 1782 by Charles III of Spain, Charles III, today the bank is a member of the European System of Central Banks and is also Spain's national ...

from 2012 to 2017, and in parallel Chairman of ''

Fondo de Reestructuración Ordenada Bancaria FROB, the Spanish Executive Resolution Authority (formerly known as Fund for Orderly Bank Restructuring) is an entity of the Spanish government that manages the resolution processes of credit institutions and investment firms in their executive ph ...

'' from 2012 to 2015.

Education

Restoy graduated in Economics from Complutense University of Madrid in 1984, winning the ''premio extraordinario'' for his class. In 1988 he received a Master in Econometrics and Mathematical Economy with mark of distinction from the London School of Economics. He received a Ph.D. in Economics from Harvard University in 1991.

Career

In 1991 he joined the

, where he served in the Research Department until 2007. In the 1990s he simultaneously taught economics at Complutense University and

Charles III University of Madrid University Charles III of Madrid ( es, Universidad Carlos III de Madrid) (UC3M) is a public university in the Community of Madrid, Spain. Established in 1989, UC3M is an institution with a distinctly international profile. It offers a broad rang ...

. He became head of the research Department in 2001, and coauthored publications in the following years on Spain's real estate market. In July 2007 he became a Commissioner of the Comisión Nacional del Mercado de Valores (CNMV), the Spanish securities market regulator. On 1 January 2008 he also became chairman of CESR-Fin, a group of the Committee of European Securities Regulators (which in 2011 was superseded by the European Securities and Markets Authority). He became the CNMV's Vice Chairman in October 2008. In June 2012, Restoy returned to the

as Vice Governor. In this capacity he also became Chairman of the ''

'' (FROB) in the wake of the Spanish Memorandum of Understanding on financial assistance. His successor at the FROB has been Jaime Ponce. On 1 January 2017 he became the chairman of the

of the Bank for International Settlements (BIS) in Basel, succeeding

Josef Tošovský Josef Tošovský () (born 28 September 1950) is a Czech economist and former governor of Czech National Bank (from 1993 to 2000). From 17 December 1997 to 22 July 1998 he was the prime minister of the Czech Republic in a caretaker government. C ...

who had been in that position since 2000.

Notes

External links

CV
on the Bank of Spain's website

on the BIS website {{DEFAULTSORT:Restoy, Fernando Living people 1961 births Spanish economists Complutense University of Madrid alumni Alumni of the London School of Economics Harvard University alumni

Education

Career

See also

Notes

External links