Miguel Yagüe

Miguel Yagüe (San Sebastián, 1974) has a degree in Economics with Highest Award (Premio Extraordinario) by the University of Barcelona. Subsequently, he completed a Master in Economics and Finance at the Bank of Spain’s Centro de Estudios Monetarios y Financieros (CEMFI). For more than twenty years he has worked as a strategic consultant for regulators and international banks, having been for thirteen years Head of the Finance and Risk practice of Oliver Wyman in Spain and Portugal (in some periods, also in Latin America). Among other pieces of work, he led the well-known independent assessment of the Spanish financial system in the summer of 2012, where he identified capital needs for the Spanish financial system of about sixty billion euros.  This piece of work set the grounds for the restructuring of the Spanish Financial sector decisively contributing to revert the Spanish sovereign debt crisis. He is an Adjunt Professor of Macroeconomics at IE University, Economic Analysis at the Universidad Complutense de Madrid and of Banking Risk Management at CUNEF, tasks that he combines with the strategic advisory to governments, supervisors and financial institutions at Boston Consulting Group. Among other books and papers, he has co-authored “31 keys to risk management in banking entities” (Colegio de Economistas de Madrid, 2015) and “Financial Management. An international approach” (McGraw Hill 2016, 2022). His research focuses on the origination and prevention of financial crises.

PROFESSIONAL EXPERIENCE

• Senior Advisor, Strategic Advisor to public bodies, supervisors and financial institutions, • Boston Consulting Group, 2022 – Present

• Partner and leader of the Finance and Risk Practice in Iberia (at some periods including Latam), Oliver Wyman, 2008 – 2020

• Consultant, Manager and Senior Manager, Oliver Wyman, 2000 – 2007

• Intern at Risk Department, Argentaria, BBVA, 1999

• Junior Consultant, Cluster Competitividad, 1997

• Research Analyst, Welsh Development Agency, 1997

ACADEMIC EXPERIENCE

• Adjunt Professor of Macroeconomics at IE University

• Adjunt Professor of Economic Analysis at the Universidad Complutense de Madrid

• Adjunt Professor of Banking Risk Management at CUNEF

Coauthored of multiple papers and books, including:

• “31 keys to risk management in banking entities” (Colegio de Economistas de Madrid, 2015)

• “Financial Management. An international approach” (McGraw Hill 2016, 2022).

• New Approach for the Deposit Insurance Fund”. Estabilidad Financiera, 2007

•  “The Eternal Challenge of Understanding Imperfections”. e-Risk, 2005

•  “Business cycles and Rating Tools“. Risk Magazine, 2003

ACADEMIC BACKGROUND

• Master in Economics and Finance by CEMFI, Bank of Spain, 2000

• Degree Studies in Economics with Highest Award (Premio Extraordinario) by the University of Barcelona, 1998