Juan Carlos Escotet
Juan Carlos Escotet | |
---|---|
Born | Juan Carlos Escotet Rodríguez 1959 (age 62–63) Madrid, Spain |
Nationality | Spanish Venezuelan |
Education | Universidad Catolica Andres Bello University of Miami |
Occupation | Banker |
Known for | Founder, Banesco |
Spouse(s) | María Isabel Alviárez |
Children | 5 |
Relatives | Miguel Angel Escotet |
Website | http://www.juancarlosescotet.org/ |
Juan Carlos Escotet Rodríguez (born 1959) is a Spanish-Venezuelan billionaire banker and the founder of Banesco.
Escotet Rodríguez is chairman of Banesco Banco Universal; principal director of Banesco Seguros Panamá, Banesco S.A. (Panama), Banesco Banco Múltiple, S.A. (Dominican Republic) and Banesco USA (Florida); and president of Abanca (Spain).
Early life[]
Juan Carlos Escotet was born in Madrid in 1959[2] as one of eight immigrant children from Spain. He first began to work doing errands for a bank in Venezuela in 1976. He was in night school while working full-time at Banco Union.[3]
He later earned a master's degree in professional management science from the University of Miami.[1][2]
Career[]
After obtaining his MBA from the University of Miami, Escotet worked as an executive for Sociedad Financiera Latinoamericana, ultimately creating his own financial group.[3] In the 1990s, Escotet gathered enough money to buy out Venezuelan financial institutions going through the banking crisis and set up his own Panama establishment.[3] Escotet founded Banesco and in 2000, merged Banco Union with his company.[3][1] He owns other branches in Miami, Panama, Colombia, Curaçao, the Dominican Republic and Puerto Rico.[3] In 2015, he acquired NCG Banco, the current Abanca in Spain.[4]
References[]
- ^ a b c "Forbes profile: Juan Carlos Escotet". Forbes. Retrieved 4 February 2019.
- ^ a b "ABANCA - Shared Values". www.abancacorporacionbancaria.com. Retrieved 2 April 2018.
- ^ a b c d e Cuadros, Alex (19 December 2012). "Venezuelan Billionaire Seen Benefiting From Socialism". Bloomberg. Retrieved 19 May 2016.
- ^ Marco, José Luis. "Escotet convierte a Abanca en el Ave Fénix de la banca rescatada en España". CapitalMadrid. Retrieved 5 October 2019.
- Living people
- 1959 births
- University of Miami Business School alumni
- Venezuelan bankers
- Venezuelan billionaires
- Venezuelan company founders
- Business biography stubs
- Venezuelan people stubs