Arcano Partners CEO Jaime Carvajal dies aged 56
Jaime Carvajal, the CEO of Spanish investment bank Arcano Partners, has died at the age of 56.
Carvajal, husband of Xandra Falcó, and daughter of the Marquis de Griñón, started his professional career in the US, where after graduating from Princeton University he worked in New York at the investment bank Lehman Brothers, specialising in mergers and acquisitions.
In 1997 he joined the World Bank in Washington, DC, where he participated in projects focused on strengthening financial systems and private sector development in Latin America. He was later appointed head of the World Bank president's cabinet before leading the alternative management team of the World Bank's pension fund.
He went on to work with Banco Sabadell Group, first as a director at BS Capital and later as general manager of Sabadell Banca Privada, a subsidiary dedicated to asset management.
In January 2005, he joined Arcano Partners. He has also been non-executive chairman of Evo Banco and member of the board of directors of Compañía de Distribución Integral Logista and Allfunds Bank. In addition, he was a member of the governing board of the Círculo de Economía de Barcelona, trustee and chairman of the audit committee of the Fundación Princesa de Girona, chairman of the Fundación Juntos Sumamos and trustee of the Fundación Institucional Española (FIES) and of the Fundación Foro de Foros.
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