Governing bodies
Board of Trustees
The Board of Trustees is the governing body of CEMFI. It is composed of a maximum of fourteen members; its ex officio members are the Governor and the Deputy Governor of the Banco de España. Other members of the Board have a six-year term of office, and can be re-elected once. Its President is the Governor of the Banco de España and its Secretary is the General Secretary of the Banco de España.
| Pablo Hernández de Cos | Governor, Banco de España |
| Margarita Delgado Tejero | Deputy Governor, Banco de España |
| Richard Blundell | Professor, University College London |
| Vítor Constâncio | President of the Council, Lisbon School of Economics and Management |
| Óscar Fanjul Martín | Deputy Chair, Omega Capital |
| Teresa García-Milà | Director, Barcelona School of Economics |
| Ángel Gavilán | Director General, Banco de España |
| Rachel Griffith | Professor, University of Manchester |
| John Moore | Professor, University of Edinburgh |
| Soledad Núñez | Executive Committee Member, Banco de España |
| Hélène Rey | Professor, London Business School |
| Matías Rodríguez Inciarte | Chairman, Santander Universidades |
| Pilar Sánchez Núñez | Council Member, Comisión Nacional de los Mercados y la Competencia |
| Jaime Terceiro Lomba | Professor, Universidad Complutense de Madrid |
| David Webb | Professor, London School of Economics |
| Francisco Javier Priego | General Secretary, Banco de España |
The Board of Trustees meets at least twice a year to approve the action plan for the next year and to approve the annual accounts of the last fiscal year.
Executive Committee
The Executive Committee is composed of a minimum of three and a maximum of five members. Its members and Chairman are appointed by the Board of Trustees. The Secretary of the Board of Trustees acts as Secretary of the Executive Commission.
| Margarita Delgado Tejero | Deputy Governor, Banco de España |
| Óscar Fanjul Martín | Deputy Chair, Omega Capital |
| Pilar Sánchez Núñez | Council Member, Comisión Nacional de los Mercados y la Competencia |
| Jaime Terceiro Lomba | Professor, Universidad Complutense de Madrid |
| Francisco Javier Priego | General Secretary, Banco de España |
