|
|
You want to hire an experienced non-real estate financial professional: the problem is how much to pay him The Government is looking for a president for the bad bank, Sareb. It has been entrusted to the management selection company Spencer Stuart, which is looking for a financial professional, not real estate, with experience in the sector. That is, a profile almost modeled on the current president of Bankia. The difficult question is what salary to give him. Mariano Rajoy is asking big bankers for their opinion on the creation of a state 'bad bank'. In addition to Rato, Francisco González (BBVA) has also been to Genoa Bankia, Novagalicia and Catalunya Caixa will have to 'drop' the prices of their apartments with discounts of up to 70%. Brussels imposes this condition to prevent the 'bad bank' from going bankrupt Consultants and appraisers rub their hands: the 'bad bank' has to liquidate more than 100,000 million in real estate assets and that will give them a heavy workload Spencer Stuart already has half a dozen candidates, belonging to the banking sector, active and semi-retired, who give the required profile, similar to that of Goirigolzarri , now president of Bankia .
They all have a resume of more than 30 years in the financial world. The 'Goirigolzarri bis' for the bad bank will be accompanied by a very large and very powerful executive team, since the work that awaits him “is herculean and of little brilliance” , according to Economy sources consulted by ECD. Appointed in December In the first week of Middle East Mobile Number List December there will already be the president of the bad bank, that 'Goirigolzarri bis' , which is the profile that the Ministry of Economy has requested from the head hunter company. Therefore, we are looking for a very experienced executive who is willing to accept such a challenge, not for money, but for prestige, and who no longer has very high aspirations because he is at the end of his career. It is also a profile of the style of Alfredo Sáenz , although logically younger, who was willing to accept a position for 10 or 15 years . The selection company already has half a dozen clear candidates to deliver a provisional list to the FROB, which is the one who will make the final decision, although in consensus with the Ministry of Economy and the Bank of Spain .
The salary problem The main difficulty in signing the new president is the economic conditions that can be offered. Being an experienced executive , it is logical that he would demand a salary similar to that paid in banking in general for top-level positions. However, the FROB is not willing to pay astronomical amounts to the new management team, since it would be very difficult for public opinion to accept it . We must not forget that it is about managing one of the legs of banking sanitation. A million-dollar salary would be unacceptable for the taxpayer, who is the one who is going to pay it. He wouldn't understand that the president of the bad bank and his team were signed as Wall Street stars . More than Banesto and Rumasa The new president of the bad bank, called Sareb , Asset Management Company from Bank Restructuring, has a much stronger challenge ahead of him, and one that will last more years, than the one faced by the managers of the intervened Banesto.
|
|
發表於 14:07:07