Fernando Alfaro

ACADEMIC DATA

– DEGREE IN CCEE from the Complutense University of Madrid, 1977

INSURANCE ACTUARY from the same University, 1977

– P.M.D. from Harvard Business School, Boston, U.S.A. (Harvard Business School), 1989

– M.I.R.S. from Harvard Business School, Boston, U.S.A. (Harvard Business School), 1987.

– Professor of Personal Banking in the Master’s Programme in Financial Markets at the Universidad Autónoma de Madrid, years 91-92, 93-94 and 95-96, directed by Professor Prosper Lamot.

PROFESSIONAL DATA

– Since 2008 Trustee of the Bankinter Innovation Foundation

– Since 2006 Managing Director of Bankinter, Innovation Area

– Since 2001 Deputy Director General of Bankinter (Innovation Area)

– Since 1999 Director of the Internet area of Bankinter

– Since 1998 Director of Corporate Banking

– Since 1997 Director of the Internet and Large Clients Division

– Since 1994 Director of the Large Clients and Specialized Banking Division.

Specialized Banking includes the Virtual Branch Network.

– From 1992-1994 Deputy Director. General and Director of the New Distribution Systems area of Bankinter. Includes the divisions of:

* Telephone Distribution

* Electronic Distribution

* Franchises and virtual network of bank branches

– From Dec. 1989-1992 Director of the Private Banking Division of Bankinter.

Division in charge of the protection of high-income and high-net-worth clients.

– From June 1986-1989

Director of Bankinter’s Operations Area

– From June 1982 to June 1986

Manager of the Consulting Division of Arthur Andersen & Co. in its Madrid Office.

– From February 1979 to June 1982

Director of the Accounting Department of Bankinter.

– From June 1977 to February 1979

Junior Consultant at Arthur Andersen and Co. in its Madrid Office.