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The Princess of Asturias Foundation

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  1. Princess of Asturias Foundation |
  2. Governance |
  3. Board of Trustees of The Foundation

Board of Trustees of The Foundation  

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The Foundation Board of Trustees is the body that governs and represents the institution. It is responsible for establishing the activities to be carried out, approving the annual budgets and accounts and establishing the criteria for action.

Honorary President

Honorary Vice-president

Adrián Barbón Rodríguez, President of the Principality of Asturias


Luis Fernández-Vega Sanz

President of the Princess of Asturias Foundation since April 2018.

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He graduated in Medicine from the Autonomous University of Madrid and holds a PhD in Medicine and Surgery, with first class honours, from the Complutense University, Madrid. Director of the Fernández-Vega Ophthalmological Institute in Oviedo, he obtained tenure as assistant lecturer in Ophthalmology at the Complutense University Faculty of Medicine in 1980 and the Chair in Ophthalmology at Oviedo University Faculty of Medicine in 1982. That same year, he was appointed Head of the Ophthalmology Service at the Central University Hospital of Asturias. He was formerly president of the Spanish Society of Refractive Lens Replacement Surgery (SECOIR), of which he is currently honorary president, as well as president of the Spanish Ophthalmological Society (2011-2015). He is currently president of the National Committee for Ophthalmology.

Full member of the Principality of Asturias Royal Academy of Medicine and of the Spanish Medical-Surgical Academy, he is also corresponding member of the Zaragoza Royal Academy of Medicine and member of the Free College of Emeritus Academics of Spain. He is also member of honour of the College of Physicians of Asturias and holder of its Gold Badge. He has authored over 200 publications, as well as a substantial number of chapters and books. He has participated in numerous national and international congresses and has lectured at almost every Spanish university. He holds numerous awards and is a member of the world’s leading ophthalmological societies. 


Ana Isabel Fernández Álvarez

Lecturer in Financial Economics and Coordinator of the Finance Area at CUNEF, she holds a Chair in Financial Economics at the University of Oviedo, a PhD in Business Economics (1985) and a Degree in Economics and Business Administration from the same university (1981).

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She has been advisor to the Spanish Stock Exchange Commission (2010-2014) and (alternating) member of the Council of the European Securities and Markets Authority (ESMA) (2012-2013) and the Financial Innovation Standing Committee (2012-2014). At the University of Oviedo, she has held the positions of Secretary of the University Board (1986-1991), Dean of the Faculty of Economics (1994-1998), Vice Rector for Postgraduate Studies and Certificate Courses (2000-2004) and Vice Rector for Research (2004 -2005). She has supervised 12 PhD theses and has been editor of the Spanish journal Cuadernos de Economía y Dirección de la Empresa (CEDE). Between 1994 and 2000, she worked jointly with management at the Banco Herrero Treasury and Capital Markets Department. She has been director of the Banco Herrero Foundation (1997-2010) and currently sits on the Board of the Banco Sabadell Foundation. She has published books and articles in prestigious journals in the field of corporate finance, corporate governance and banking and financial regulation.

Arcelor Mittal España, José Manuel Arias García

Born in Gijón on 5th May 1959, José Manuel Arias is a member of the Management Committee of ArcelorMittal at a global level; Vice president, CEO of ArcelorMittal Europe, business division South West; Country Head and President of ArcelorMittal Spain; and President of ArcelorMittal Mediterranée and ArcelorMittal Piombino. He is also a member of the Boards of Directors of Gonvarri, Bamesa, ArcelorMittal CLN and ArcelorMittal Ambalaj Celigi.

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He is a graduate in Mining Engineering from the University of Oviedo and holds an MBA from the Asturias Business School, University of Oviedo. He joined the group in 1986 as an engineer, progressing in his career and assuming different industrial responsibilities in Operations Management. He was appointed Human Resources Director of ArcelorMittal Asturias in 2005, subsequently becoming Deputy Site Manager in 2007. In 2008, he was appointed CEO of ArcelorMittal Asturias, a position he held until 2015, when he assumed his current responsibilities.

Banco Bilbao Vizcaya Argentaria, José Antonio Fernández Rivero

José Antonio Fernández Rivero was a member of the board of BBVA (2004-2018), where he chaired the Risk Committee and was Coordinating Director. He holds a degree in Economics from the University of Santiago de Compostela and an MBA from the College of Europe (Bruges, Belgium).

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He joined Arthur Andersen in 1976 and subsequently took charge of management and control of the International Division at Banco de Vizcaya. In 1986, he became chair of the steering committee of Banque de Gestion Financière S.A. (Belgium). After a period in the sub-directorate general for Planning and Control at Banca Comercial and in territorial management of Retail Banking at BBV, he joined the Banco Exterior de España as comptroller general, a position he also held at Corporación Bancaria de España (Argentaria) from 1991 to 1995, following which he was appointed general manager of Internal Control and Oversight at the same bank. Two years later, he assumed the duties of general manager for Organization, Systems, Operations, Human Resources, Procurement and Real Estate. After Argentaria merged with BBV, he was appointed general manager of Systems and Operations at BBVA. On behalf of this financial institution, he has sat on the boards of Telefónica, Iberdrola, Banco de Crédito Local and of several of the Group’s banking entities, and has chaired Adquira.

Banco Sabadell, José Oliu i Creus

Chairman of Banco Sabadell since 1999, where he previously held the positions of technical secretary general (1986-1990), managing director of the subsidiary bank Sabadell Banca Privada (1989-1990) and chief executive director (1991-1999), he holds a PhD in Economics from the University of Minnesota (USA).

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He was Professor of Economic Theory at the University of Oviedo (1982-1984) and director of planning at Spain’s National Institute for Industry-INI (1984-1986). He is currently chairman of BanSabadell Holding, member of the board of Banco Comercial Portugues, member of the Spanish Banking Association General Council, member of the Inter-University Council of the Generalitat of Catalonia, vice-president of the Spanish Committee of the European League for Economic Cooperation, member of the Spanish Council of INSEAD and president of the Banco Herrero Foundation.

Caja Rural de Asturias, Fernando Martínez Rodríguez

Corporación Masaveu, Fernando Masaveu Herrero

Chairman of the Board of Trustees of the María Cristina Masaveu Peterson Foundation, he graduated in Law from the University of Navarra.

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Since joining the Masaveu Group in 1993, he has held various positions within the business and financial sphere and has assumed various responsibilities through foundations linked to the Masaveu family. Among other duties, he is currently: chairman of the Masaveu Group, the Tudela Veguín company, the Masaveu Corporation, Beluga Holding Limited, the María Cristina Masaveu Foundation and the San Ignacio de Loyola Foundation. He sits on the board of Spanish utility Hidrocantábrico, where he chairs the Audit Committee. He also sits on the board of Bankinter, where he is a member of the Executive and Audit Committees, and on the boards of Medicina Asturiana, EGEO, SGPS and Olmea. Trustee of the International Society of Bioethics (SIBI) and international trustee of the Friends of the Prado Museum Foundation, he holds the Medal of Honour of the Queen Sofía Advanced School of Music.

Francisco Goicoerrotea Sarri, Marquis of Valdeterrazo

He graduated in Economics, specializing in Business Economics, from Madrid’s Complutense University (1970) and holds an MBA (1977) and a diploma in Industrial Project Management (1978) from the Madrid School of Industrial Organization. He also graduated in Business Economics from the Ecole des Hautes Etudes Commerciales, Paris.

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Between 1980 and 1998, he ran family businesses in the agricultural and real estate sectors. He currently heads several family businesses in the real estate sector and is an asset consultant at Goicoerrotea & Associates. He is also a member of the boards of Inmobuilding 2000 S.L. and Constructots Calpense S.A. He worked for J. Beaumond (a holding of the HUARTE Group) between 1971 and 1973 as an economist in project study and assessment. In 1975, he joined the Department of Management Control at Sociedad S.P.I. (Supplies, Projects and Facilities), a subsidiary of SPIE-BATIGNOLLES belonging to the Schneider Group, and was later appointed to its board of directors. He has served on the boards of Prat Cartón, La Papelera Española, AGF–Unión FénixBin and Spanish utilities Hidroeléctrica del Cantábrico and Gas de Asturias. He is a member of the boards of trustees of the Spanish Nobility Cultural Foundation, the Catholic Education Foundation, the San Feliz Foundation, the García Morente Foundation and the Dowager Duchess of Montpensier Foundation.

Fundación Bancaria Caja de Ahorros de Asturias, César José Menéndez Claverol

Chairman of the Caja de Ahorros de Asturias Banking Foundation, he graduated in Law from the University of Oviedo.

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He is a member of the Board of Trustees of the Principality of Asturias Biomedical Research and Innovation Foundation. Throughout his professional career at the Caja de Ahorros de Asturias savings bank, he served as Director of Human Resources and Director of Institutional Relations and Social Affairs and formed part of the institution’s Management Committee.

Gonzalo Urquijo Fernández de Araoz

Gonzalo Urquijo Fernández de Araoz is the Executive Chairman of Abengoa. He was appointed to the Board on 22nd November 2016. He joined Abengoa in August 2016 as an independent advisor, without executive functions, to the Board of Directors in matters related to the Viability Plan and the monitoring of compliance with the conditions set out in the restructuring agreement that the Company entered into in September 2016.

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He graduated in Economics and Political Science from Yale University and holds an Executive MBA from the Instituto de Empresa. He began his career in the banking sector, first in Citigroup and then in Crédit Agricole. He joined Aristrain (now Arcelor) as CFO in 1992 and was appointed CEO by the Arcelor Executive Committee in 2005. In 2010, he was appointed Chairman of ArcelorMittal España and in 2015 adviser to the Chairman of the Arcelor Group worldwide. He holds the distinctions of Commander by Number of the Spanish Order of Civil Merit and Commander of the Order of Civil Merit of Luxembourg.

Gonzalo Urquijo is President of the Fundación Fondo de Cultura de Sevilla (FOCUS) and Chair of the Hesperia Foundation. He was named “Member of Honour” of the Association of Economists of Asturias in 2017 and is also a board member of Atlantica Yield, Gestamp, Vocento and Fertiberia.

Hidroeléctrica del Cantábrico, Manuel Menéndez Menéndez

CEO of Liberbank S.A. and Chairman of the Board of Caja de Ahorros de Asturias Banking Foundation, he is also Chairman of the Board of HC Energía and Naturgas Energía.

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He represents the Liberbank Group on the Board of Directors of the Spanish Confederation of Savings Banks (CECA) and is a member of the Board of Directors of EDP Renováveis and of the Governing Board of the Spanish Electricity Industry Association (UNESA). He holds a Chair in the Department of Business Administration and Accounting at the University of Oviedo, a PhD in Economics from the same university and a degree in Economics and Business Administration. He has supervised several PhD theses, carrying out research and participating in numerous courses and seminars as a speaker. His main lines of research are efficiency in credit institutions, management control in decentralized enterprises and enterprises belonging to regulated economic sectors. He has likewise authored several books and technical articles in these fields. He has headed various academic research studies as well as studies and projects for companies belonging to different industry sectors.

Jacobo Cosmen Menéndez-Castañedo

Chairman of the boards of directors of Automobiles Luarca S.A. (ALSA), Jovellanos XXI and CMC XXI S.C.R., Jacobo Cosmen Menéndez-Castañedo has a degree in Economics and Business Administration (London, 1992), is a Technical Engineer specializing in Transportation Systems and holds an MBA.

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On completing his secondary studies in Oviedo, he moved to the UK where he worked as assistant director in a consulting company linked to the world of transport, a sector which he joined following the family tradition. He returned to Spain to become head of purchasing and logistics at the TUA company workshops. He later took over coordination of the ALSA GROUP Maintenance Division, following which he became manager of the same division. Son of José Cosmen Adelaida, the main promoter of road passenger transport in Spain, Jacobo Cosmen represents –along with his brothers– the perpetuation of a family business saga of international scope.

Javier Navia-Osorio García-Braga

Commercial Registrar in Madrid.

José Antonio Caicoya Cores

Holder of a degree in Law from the University of Oviedo, he is a practising notary public and has been dean of the Oviedo Association of Notary Publics.

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Member of the Asturian Royal Academy of Jurisprudence, he is the author of numerous legal studies. He is active in various artistic, commercial and charitable organizations and institutions. He chaired the 2008 National Examination Boards for registered notary publics in Spain.

María Neira González

Director of the Department of Public Health and Environment at the World Health Organization (WHO), María Neira studied Medicine at the University of Oviedo and specialized in Endocrinology in France.

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She practiced medicine with Médecins Sans Frontières (MSF) in Central America. She later moved to Mozambique and Ruanda with the UNO. She joined WHO as Director of the Department of Control, Prevention and Eradication of Infectious Diseases. Subsequently, in 2004, she was appointed President of the Spanish Food Safety Agency, moving to Madrid.] She returned to Geneva a few years later to continue her work at WHO, though now as Director of the Department of Public Health and Environment. In 2006, she was decorated by the French government with the National Order of Merit.

Matías Rodríguez Inciarte

Chairman of Santander Universidades, Matías Rodríguez Inciarte was born in Oviedo on 23rd March 1948. President of the Princess of Asturias Foundation from April 2008 to April 2018.

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He holds a degree in Economics from Madrid's Complutense University, earning a national prize for being the most outstanding graduate. He completed his business studies at Boston's Massachusetts Institute of Technology (MIT).

Through a public completion in 1972 he joined the State's Corps of Economists and Business Engineers, moving on to posts related to international commerce in business negotiations under the General Agreement on Tariffs and Trade (GATT) and later, as a trade adviser for the Spanish Embassy in Chile.

He was named technical secretariat general of the Ministry of the Treasury in July 1977 and in February 1978 secretariat general of the Ministry of Relations with European Communities, where he had an active role, alongside Minister Leopoldo Calvo Sotelo, in the negotiations for Spain's admission to the European Communities.

In 1980 he assumed the Secretaryship General of the Government's Economic Vice-presidency and in 1981 he was appointed Secretary of State attached to the President. In 1981 he was named Minister of the Presidency.

In February 1984 he began his stint at Banco Santander, a firm where he was a member of its board (1988-2017), vice-president since (1994-2017) and a member of the Group's Executive Committee until November 2017. He is currently chairman of Santander Universidades and a member of the board of other companies.

He has been vice-president of the Entrepreneurs Circle (Círculo de Empresarios) and recently, he has been named president of Madrid's Charles III University's Social Council. He holds several national and foreign distinctions, outstanding among which are the Grand Cross of the Order of Charles III of Spain, the Medal of the Order of Constitutional Merit and the Grand Cross of the Order of Isabella the Catholic.

Mauro Guillén Rodríguez

Member of the Board of Trustees of the Princess of Asturias Foundation, he holds a Professorship in International Management at the Wharton School and is also Professor of Sociology at the University of Pennsylvania.

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Holder of a PhD in Sociology from Yale University and another in Economics from the University of Oviedo, he has been a fellow both of the Guggenheim Foundation and the Fulbright Foundation, as well as a member of the Institute for Advanced Study at Princeton. He has also held the Rafael del Pino Chair. He is an elected member of the Sociological Research Association. He has received research awards from the Academy of Management and the American Sociological Association, in addition to the Faculty Pioneer Award from the Aspen Institute. In 2005, he was awarded the 4th Banco Herrero Foundation Award for Best Spanish Social Sciences Researcher under 40 years of age. He is the author of 10 books, including Global Turning Points and The New Multinationals, and 50 scientific articles.

Pedro Sainz de Baranda Riva

Businessman and co-founder of Sainberg Investments, an investment company that has acquired controlling interests in small and medium-sized Spanish companies. The firm’s current investments include fashion companies, such as Scalpers, MiM shoes, Jorge Vázquez and Victoria, and companies in the food industry, such as Internacional Olivarera, Helados La Ibense and the Black Iron Burger hamburger chain (New York).

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He is also a member of the boards of directors of Naturgy, Gestamp and Zardoya Otis, as well as of the Board of Trustees of the Carlos III University of Madrid.

He graduated as a Mining Engineer from the University of Oviedo (1986), subsequently earning a PhD in Materials Science from Rutgers University (1992) and an MBA from the Massachusetts Institute of Technology (MIT) (2001). He served as President of Otis Elevator Company (USA) until 2014. He commenced his career in the company in 1993 in the area of Engineering and R&D, going on to become manager of advanced technologies. From 2001, he focused on more commercial and managerial tasks and successively served as director of New Installations in Otis Mexico, chairman and general manager of Otis Portugal, general manager and CEO of Zardoya Otis in Madrid and president of Otis South Europe and the Middle East.

Santander Totta, Antonio Basagoiti García-Tuñón

Holder of a degree in Law from the Complutense University of Madrid, he is a practising lawyer and member of the Madrid Bar Association.

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He has served as chairman of the boards of directors of Santander Totta SGPS, Banco Santander Totta and Unión Fenosa, as well as chairman of Banesto and its Foundations and deputy chairman of FAES FARMA. He has also served as advisor and member of the Executive Committee of Banco Santander, member of the External Advisory Board of Fujitsu and board member of the Círculo de Empresarios employers association.

He is currently honorary chairman of Unión Fenosa, chairman of the Eugenio Rodríguez Pascual Foundation, member of the External Advisory Board of A.T. Kearney and honorary member of the Albéniz Foundation, as well as serving on the executive board, executive council and external relations committee of the Spanish-Portuguese Chamber of Commerce. He is also a trustee of the Silos Foundation, the Colegio Libre de Emeritos former lecturers foundation and the Fundación de Estudios Financieros (FEF), and economic vice-president of Calpe Royal Sailing Club.

Sigla, Plácido Arango Arias

President of the Prince of Asturias Foundation between 1987 and 1995, he currently sits on its Board of Trustees. He founded the Vips Group, one of Spain’s leading catering companies.

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Born in Mexico, the son of Asturian emigrants, he has lived in Spain since 1966. A businessman, he holds a PhD in Economics from the Autonomous Institute of Technology, Mexico. He owns an important collection of art and has been president of the Royal Board of Trustees of the Prado Museum since July 2007.

Corresponding member of the San Fernando Royal Academy of Fine Arts, he is a trustee of the Queen Sofía National Art Centre, founder and member of the executive committee of the Foundation for Help Against Drug Addiction and trustee emeritus of the Metropolitan Museum in New York and Tufts University in Boston.

He holds the following distinctions: Grand Cross of Isabella the Catholic, Grand Cross of Civil Merit, Gold Medal for Fine Arts, Gold Medal of the Queen Sofía Spanish Institute in New York and the Juan Lladó Award for Cultural Patronage and Research. Holder of the titles of “Adopted Son” of Salas –the borough where his father was born– and of the Principality of Asturias, he has also received the Golden Apple award from the Asturian Centre of Madrid, the Natural Limpet award from Salinas (Asturias) and the Golden Clog award from the Asturian Centre of Seville.

Teresa Sanjurjo González

Teresa Sanjurjo González has been the Director of the Princess of Asturias Foundation since 2009.

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She has spent her entire career in the field of non-profit organizations, primarily foundations. Before joining the Princess of Asturias Foundation, she was General Manager of the Spanish Association of Foundations from 2003. Before that, she occupied the position of Technical Manager of the Spanish Confederation of Foundations from 2001, after joining the organization in 1999. Her work there focused mainly on promoting association among Spanish foundations, articulating and defending their interests via the drafting and improvement of the legal and tax framework of this sector, in addition to providing services to member foundations and increasing membership.

Born in Madrid in 1972, she studied at Comillas Pontifical University (ICADE), where she graduated in Law in 1995, at the same time as obtaining qualifications as a Corporate Legal Advisor. She holds a Master’s degree in Administration and Management of Foundations and Other Non-Profit Organizations from the Autonomous University of Madrid (1999/2000) and completed the General Management Program (PDG) at the IESE Business School in 2007.

Member of The Hague Club and current president of this entity (2016-2017), she also belongs to the International Women’s Forum. During her years of work within the foundations sector in Spain, she has participated in numerous forums, conferences and seminars, in addition to contributing to specialized publications. She has also lectured on the Master’s programme in Foundation Administration and Management and Other Non-Profit Organizations and on specialized courses in this sector.

Corresponding member of the Royal Asturian Academy of Jurisprudence, she is a member of the Board of Directors of the Spanish Association of Directors (AED) and a member of the Editorial Board of the Yearbook of Foundation Law. In September 2014, she was awarded the Cross of Police Merit with White Decoration by the Ministry of Interior.

University of Oviedo, Santiago García Granda

Rector of the University of Oviedo, he holds a Chair in Physical Chemistry. He received his Licenciatura degree (BSc+MSc) in 1980 and a PhD in Chemistry in 1984 from the University of Oviedo Faculty of Chemistry. He was a postdoctoral fellow with Professor Paul T. Beurskens at the University of Nijmegen, the Netherlands (1985-1987). Specialized in structural determination, crystallography and molecular calculations, he heads the X-Ray Group at the Department of Physical and Analytical Chemistry, a listed Principality of Asturias Research Excellence Group since 2001, and has been President of the European Crystallographic Association (ECA) since 2009.

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He has been Vice Rector for Research at the University of Oviedo, Vice Dean of the Faculty of Chemistry (1998-2008) and executive secretary of the Department of Physical and Analytical Chemistry (1990-1994). He has collaborated in the coordination of pre-university studies since 1991. He has been spokesperson for the area of Physical Chemistry on the Chemistry Curricula Committee, coordinator of the Internal Assessment Committee for the Licenciatura degree in Chemistry, chair of the Monitoring Committee of the Improvement Plan for degrees in Chemistry and member of the committee that drew up the new BSc in Chemistry in 2008.

He founded the Technical Scientific Service for the Determination of Crystal Structures by X-Ray Diffraction, which he has headed for over twenty years, coordinates the DEC/Vax-Axp Computer Network and the management of the communications network of the Scientific Calculation Centre and is the person responsible for the Computer Room at the University of Oviedo Faculty of Chemistry. He is the author of around five hundred articles, several book chapters and numerous communications and papers presented at conferences on physical-chemical studies of molecular structures, crystallography, diffraction and calculation methods and has supervised thirteen doctoral theses. He has an h-index of 38. He is co-author of the DirDif crystallographic software, cited more than three thousand times. He participates or has participated in more than thirty research projects, in most of them as the principal investigator. Coordinator of the FP7-PEOPLE-2009-IRSES project: SOLGELSENS, he has research contracts with companies and works in collaboration with various universities. He is responsible for the installation of infrastructure on the Spanish Line at the ESRF Synchrotron. He is a member of the Spanish Royal Society of Chemistry Specialized Group in Crystallography and Crystal Growth (outgoing president) and of the British Crystallographic Association.

General Secretary

Adolfo Menéndez Menéndez

General secretary of the Princess of Asturias Foundation since May 2011, he graduated in Law from the Autonomous University, Madrid, and entered the Corps of State Lawyers in 1984. Lawyer at Ontier and he also lectures in Public and Economic Law and Regulated Industries at the IE Law School, as well as holding the José María Cervelló Chair, which fosters research and teaching in Lawyering and Legal Ethics.

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He commenced his professional career as a state lawyer for the Tax Authority and before the Higher Court and Courts of Justice of Toledo (1984). He then became a legal advisor to the Ministry of the Presidency (1986) and, finally, chief state lawyer of the legal advisory body of the then Ministry of Health and Consumer Affairs (1987). In 1998, he joined the law firm of Ernst & Whinney, which, after its merger with Arthur Young, gave rise to Ernst & Young, where he was a partner of the legal and tax department until 1996. He has been sub-secretary of state for Defence (1996-2000) and Promotion (2000-2004), member of the Board of Directors of Indra, assistant lecturer in Administrative Law at the Law Faculty of the Complutense University, Madrid, and associate lecturer of the same subject at the Ramón Carrande Centre for Social and Legal Studies at King Juan Carlos I University. Since 1986, he has been a member of the faculty of the Instituto de Empresa, where he participated in the creation of masters’ programmes in Law at this business school, in addition to lecturing in the area of Economic Public Law, a subject matter he pioneered in Spain. He has authored numerous articles on his speciality and has headed different group research studies. He sits on the editorial committee of the journal Actualidad Jurídica Uría Menéndez and on the editorial board of the Revista de Derecho del Transporte (Terrestre, Marítimo, Aéreo y Multimodal). Member of the Bar Association of Madrid and of the Association of State Lawyers, on whose board he sits, he is also vice-president of the Spanish Air and Space Law Association, member of the Spanish Aeronautical Society and general secretary of the Spanish Foundations Association. He was a founding partner of the Civil and Mercantile Court of Arbitration and has been a member of the Court of Arbitration for Football and vice-president of the Spanish Public and Regulated Procurement Law Association. He is one of the most renowned experts in Spanish public law and is an Honorary Pilot of the Spanish Nautical Pilots Association. He holds the Grand Cross of Isabella the Catholic and the Grand Cross of Maritime Merit of the Spanish Naval League, among other honours.

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