JOSE IGNACIO GOIRIGOLZARRI Interview

摘要

Few bankers would have envied Jose Ignacio Goirigolzarri when in 2012 he was called in to rescue Bankia, a debt- and corruption-ridden Spanish lender teetering on the brink of collapse. The bank was caught up in a maelstrom of fraud and mismanagement. Its former chairman and ex-managing director of the International Monetary Fund, Rodrigo Rato, was forced to resign and was later imprisoned for misappropriation of funds. Bankia's €38bn property portfolio, at the height of the real estate meltdown, ranked largest among Spanish banks. The government had to step in with a €22.4bn rescue plan that entailed taking a 68.4% holding in the troubled bank. Bankia was in urgent need of a restructuring plan.