Aguirre Gonzalo, José Maria - from Spain

ID: 25692
Organization: C1001
Country of meeting: in the year 1978

Civil engineer, businessman and banker. Aguirre was involved in banking from 1941. He became chairman of the Banco Guipuzcoano in 1956, and held this position until his death in April 1988, when he was replaced by his son, also named José María Aguirre González, who had been a director of the bank for five years. He was also chairman of the Banco de Desarrollo Económico y Social (Bank of Economic and Social Development).

He was director and then vice-president of the Banco Español de Crédito (Banesto). He was appointed chairman of this bank in September 1970. Immediately after becoming chairman he initiated weekly luncheon meetings of the heads of the seven major banks. Monetary authorities were also invited to attend. By the 1980s the major banks in Spain were short of capital. Aguirre believed in specialization and opposed rationalization of the industry through mergers and acquisitions. He resigned from Banesto in 1983.

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